Lowe's Companies (LOW 0.10%) has absolutely crushed it for investors as shares have climbed 135% in the last five years. That gain far exceeds the 83% rise of the S&P 500. And even with the major indices hitting all-time highs, Lowe's remains 8% below its peak price from December 2021. So the business might be on your watch list as a potential opportunity. In fact, this home improvement retail stock might be considered a screaming buy right now. But that's only if you believe it can significantly increase s ...

Lowe's (LOW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this home improvement retailer have returned +11.1%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Building Products - Retail industry, which Lowe's falls in, has gained 7.4%. The key question now is: What could be the stock's future direction?While ...

Lowe's Companies (LOW -1.06%) recently reported results for its fiscal 2023 fourth quarter (ended Feb. 2). Net sales of $18.6 billion were 17% lower compared to the year-ago period, with diluted earnings per share (EPS) coming in at $1.77. The headline figures were better than what Wall Street analysts were expecting.Like its larger peer, Home Depot, this business is dealing with ongoing headwinds that pressure demand for home improvement products. As of Feb. 27, the retail stock was 12% below its all-time ...

Its industry is in a slump, but Lowe's (LOW 1.67%) is still generating excellent returns for its shareholders these days. The retailer's stock broke through a fresh 12-month high following its late-February earnings announcement, in fact.Wall Street was thrilled to see the chain move closer to Home Depot's (HD 1.01%) industry-leading profit margin in 2023. But Lowe's also predicted another tough year of declining sales ahead. Does this mixed momentum make the stock a clear buy, or one to avoid in 2024? Let' ...

Lowe's (LOW 1.67%) appeals to the do-it-yourself spirit of some American homeowners. However, when the housing market is under pressure, renovation projects may be shelved -- and that's problematic for Lowe's.This explains why Lowe's, although not directly considered a real estate company, is highly sensitive to interest rate policy. So, when the future path of mortgage rates is unclear and homeowners are reluctant to sell their homes, Lowe's takes on the traits of a fixer-upper that might be off-putting to ...

The S&P 500 has gained about 27% over the past year. In the wake of such significant market moves, it's easy to suspect that you've missed out on your chance to profit. That need not be the case, especially for patient investors who take a long-term approach. The key is to find companies with strong fundamentals and good return potential.For example, consider Lowe's Companies (LOW 1.67%). Its share price has increased by approximately 30% since it touched a 52-week low in late October. Should this big incre ...

Key TakeawaysLowe's Companies reported diluted fourth-quarter earnings per share of $1.77, up from $1.58 the prior year and beating analysts' expectations.The company continues to weather a consumer slowdown in the home improvement sector, with quarterly comparable sales down 6.2% from the prior year.Full-year comparable sales guidance for 2024 came in lower than expectations, with a forecast of a 2% to 3% decline.Lowe's Companies Inc. (LOW) reported fourth-quarter earnings that beat expectation Tuesday but ...

Lowe's Companies, Inc. (NYSE:LOW) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Kate Pearlman - VP, IR & Treasurer Marvin Ellison - Chairman & CEO Bill Boltz - EVP, Merchandising Joe McFarland - EVP, Stores Brandon Sink - EVP & CFO Conference Call Participants Peter Benedict - Baird Zach Fadem - Wells Fargo Simeon Gutman - Morgan Stanley Chris Horvers - J.P. Morgan Kate McShane - Goldman Sachs Steven Zaccone - Citi Operator Good morning, everyone. Welcome to Lowe's Compa ...

Pre-market futures are tepid for a second-straight trading day — even going back to last week, after last Thursday’s big upswing in market activity began leveling off slightly. We continue that leveling off as of this hour today, with the Dow -25 points, the S&P 500 +1 points and the Nasdaq +22. We have some grist for the trading mill ahead of the opening bell, but it’s not likely to cause any meaningful tremors from this vantage point.While not as essential to the Fed’s outlook on interest rates as Persona ...

Lowe’s Companies, Inc. (LOW) came up with fourth-quarter fiscal 2023 results, wherein the top and bottom lines beat the respective Zacks Consensus Estimate. However, the company experienced a year-over-year decline in both revenues and earnings. This can be attributed to a reduction in Do-It-Yourself (DIY) spending observed during the period.Q4 in DetailThe home improvement retailer posted quarterly earnings of $1.77 per share, which came ahead of the Zacks Consensus Estimate of $1.68. However, the figure m ...