Lowe's (LOW) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Lowe's stock closed at $262.20, reflecting a +0.34% change from the previous trading day's closing, outperforming the S&P 500's loss of 0.29% [1] - The stock gained 4.77% over the previous month, surpassing the Retail-Wholesale sector's gain of 3.53% and the S&P 500's gain of 2.52% [1] Upcoming Earnings - Lowe's earnings report is scheduled for February 26, 2025, with projected earnings per share (EPS) of$ 1.81, indicating a 2.26% increase from the same quarter last year [2] - Revenue is forecasted to be $18.22 billion, reflecting a 2.07% decline compared to the same quarter of the previous year [2] Annual Estimates - For the entire year, the Zacks Consensus Estimates predict earnings of$ 11.88 per share and revenue of $83.32 billion, representing changes of -10% and -3.54% respectively compared to the previous year [3] Analyst Revisions - Changes in analyst estimates for Lowe's are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [3][4] Zacks Rank - Lowe's currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having moved 0.03% higher over the last 30 days [5] Valuation Metrics - Lowe's is trading with a Forward P/E ratio of 22, which is a premium compared to the industry average Forward P/E of 21.49 [6] - The company has a PEG ratio of 2.19, slightly above the average PEG ratio of 2.18 for Retail - Home Furnishings stocks [7] Industry Context - The Retail - Home Furnishings industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 149, placing it in the bottom 41% of over 250 industries [8]