Lowe's(US:LOW) ZACKS·2024-10-15 22:51Company Performance - Lowe's shares closed at $281.83, reflecting a +0.39% change from the previous day's closing price, outperforming the S&P 500's loss of 0.76% [1] - Over the last month, Lowe's shares increased by 9.39%, exceeding the Retail-Wholesale sector's gain of 3.42% and the S&P 500's gain of 4.31% [1] - The upcoming earnings report is expected to show an EPS of $2.80, an 8.5% decline year-over-year, with revenue anticipated at $19.85 billion, a 3.03% decrease compared to the same quarter last year [1] Annual Forecast - Zacks Consensus Estimates project earnings of $11.91 per share and revenue of $82.91 billion for the year, indicating declines of -9.77% and -4.01% respectively compared to the previous year [2] - Recent changes in analyst estimates are crucial for investors, as positive revisions indicate confidence in the company's performance [2] Valuation Metrics - Lowe's has a Forward P/E ratio of 23.56, which is higher than the industry average of 21.97 [3] - The company holds a PEG ratio of 2.31, compared to the Building Products - Retail industry's average PEG ratio of 3.69 [3] - The Building Products - Retail industry is currently ranked 226 in the Zacks Industry Rank, placing it in the bottom 11% of over 250 industries [3]