Lowe's(LOW)
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Lowe's (LOW) Declines More Than Market: Some Information for Investors
ZACKS· 2024-09-25 22:50
In the latest market close, Lowe's (LOW) reached $264.97, with a -0.4% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%. The the stock of home improvement retailer has risen by 7.03% in the past month, leading the Retail-Wholesale sector's gain of 6.04% and the S&P 500's gain of 1.95%. The investment community will be closely monitoring the performance of Lowe's in its forthcoming earnings repor ...
Lowe's Set For 'Delayed Benefits' From Macro Demand Improvements, Says Optimistic Analyst
Benzinga· 2024-09-24 15:58
Last month, Lowe’s Companies Inc LOW reported mixed results for its fiscal second quarter.According to Oppenheimer, the Federal Reserve's previous easing cycles suggest that demand in the home improvement sector tends to improve, though there is a "potentially substantial lag."Analyst Brian Nagel upgraded Lowe’s Companies’ rating from Perform to Outperform and raised the price target from $230 to $305.The Lowe’s Companies Thesis: As lending rates moderate, there is stronger demand for home-related items, wh ...
Lowe's Stock Eyes Record Highs After Bull Note
Schaeffers Investment Research· 2024-09-24 13:12
Stock Performance and Analyst Sentiment - Lowe's Companies Inc (NYSE:LOW) stock is up 1.2% ahead of today's trading following a bullish note from Oppenheimer [1] - Oppenheimer upgraded Lowe's shares to "outperform" from "market perform" and raised the target price to $305 from $230, citing strong long-term fundamentals and demand tailwinds from the Federal Reserve's interest-rate cut [1] - Despite the stock's 18% year-to-date gain and 24.6% year-over-year increase, 14 out of 30 brokerages rate the stock a "hold," indicating potential for further upgrades [1] - Lowe's stock is nearing its all-time high of $263.31 from Dec 13, 2021, closing at $262.29 yesterday, with potential to set a new peak at the open [1] Options Trading and Volatility - Lowe's stock's Schaeffer's Volatility Index (SVI) of 20% ranks in the low 8th percentile of its annual range, indicating low volatility expectations among options traders [2] - The stock's Schaeffer's Volatility Scorecard (SVS) is 85 out of 100, showing that LOW has exceeded options traders' volatility expectations over the past year, benefiting premium buyers [2]
Nailing It, But Barely: Lowe's Solid History Meets Uncertain Future
Seeking Alpha· 2024-09-19 15:10
Lowe's Companies, Inc. (NYSE: LOW ) has created excellent returns and decent dividend growth but has been facing challenges in some of its operations, which could affect its future performance. I believe that Lowe’s is doing a good job growing itsThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offerin ...
Lowe's Companies, Inc. (LOW) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)
2024-09-05 18:07
Lowe's Companies, Inc. (NYSE:LOW) Goldman Sachs 31st Annual Global Retailing Conference September 5, 2024 9:35 AM ET Company Participants Marvin Ellison - Chief Executive Officer Conference Call Participants Katharine McShane - Managing Director, Goldman Sachs Katharine McShane Good morning, everyone. It's my pleasure to introduce Marvin Ellison, Chairman, President and Chief Executive Officer of Lowe's. Marvin has been in the role since 2018, and obviously has a lot of leadership and operational experience ...
Lowe's Returns as Official Home Improvement Partner of NFL for 2024-25 Season
Prnewswire· 2024-09-03 12:00
Core Insights - Lowe's has renewed its contract with the NFL for the 2024-25 season, continuing its partnership with the Carolina Panthers and Dallas Cowboys, and launching a marketing campaign aimed at millennial homeowners [1][2] Marketing Campaign - The new marketing campaign, titled "All the Ways We Help," features NFL stars like Travis Kelce and C.J. Stroud, aiming to empower millennial homeowners in their DIY projects [2][3] - The campaign includes national TV spots, in-store signage, digital and radio advertising, and social media support, focusing on how Lowe's can assist homeowners with home improvement needs [2][3] Community Engagement - The Lowe's Home Team, which includes professional athletes and contractors, has been involved in community initiatives since 2020, recently assisting the C.J. Stroud Foundation with home repairs for Hurricane Beryl victims [4] Product Offerings - Lowe's is offering NFL licensed golf carts and Valspar paint in official NFL colors, enhancing the game-day experience for fans [5] Company Overview - Lowe's Companies, Inc. is a FORTUNE® 50 home improvement retailer with over 1,700 stores, serving approximately 16 million customer transactions weekly and reporting over $86 billion in sales for fiscal year 2023 [6]
Lowe's(LOW) - 2025 Q2 - Quarterly Report
2024-08-29 20:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 2, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 1-7898 LOWE'S COMPANIES, INC. (Exact name of registrant as specified in its charter) North Carolina 56-0578072 (State ...
LOWE'S TO PARTICIPATE IN GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE
Prnewswire· 2024-08-29 13:00
Group 1 - Lowe's Companies, Inc. will have its CEO Marvin R. Ellison participate in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference [1] - The event is scheduled for September 5, 2024, at 9:35 a.m. ET [1] - An audio webcast of the event will be available on Lowe's investor relations website, with an archived version accessible approximately 24 hours after the event [1] Group 2 - Lowe's is a FORTUNE® 50 home improvement company, serving around 16 million customer transactions weekly in the U.S. [2] - The company reported total fiscal year 2023 sales exceeding $86 billion [2] - Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates [2]
Wall Street Analysts Are Divided on Lowe's Stock: Here's Why
MarketBeat· 2024-08-26 12:27
When analysts prepare to assign a rating and a price target to a stock, they typically discuss the trend with each other. Otherwise, they arrange all the questions that need to be answered to make recommendations during quarterly earnings conference calls. This is not the most exciting part of Wall Street, but occasionally, it does become so.Lowe's Companies TodayLOWLowe's Companies$250.07 +9.76 (+4.06%) 52-Week Range$181.85▼$262.49Dividend Yield1.84%P/E Ratio20.09Price Target$254.04Add to WatchlistOn the r ...
Lowe's Q2: Headwinds Are Temporary
Seeking Alpha· 2024-08-21 14:49
DNY59Lowe’s stock: previous thesis and Q2 recap I last wrote on Lowe’s (NYSE:LOW) stock about four months ago. As you can see from the screenshot below, that article, "Lowe's Stock: Buy Wonderful Businesses At Fair Prices," was published by Seeking Alpha on May 3, 2024. In that article, I argued for a buy thesis based on the following considerations: Lowe's valuation, with P/E ratios substantially higher than the sector median, is by no means cheap. However, I do not see an obvious overvaluation either ...