Schaeffers Investment Research·2025-11-19 15:58Core Viewpoint - Lowe's Companies Inc reported adjusted third-quarter earnings of $3.06 per share on revenue of $20.81 billion, exceeding estimates, but lowered its full-year guidance due to home affordability and economic uncertainty [1] Financial Performance - The adjusted earnings per share of $3.06 and revenue of $20.81 billion indicate a strong performance for the quarter [1] - The stock price increased by 3.3% to $226.75 following the earnings report [1] Market Reaction - Analysts reacted positively to Lowe's report, leading to 12 price-target cuts for sector peer Home Depot, with Bernstein setting the lowest target at $362 [2] - Lowe's stock had previously been under pressure, trading at $218 before the earnings report, and was on a five-day losing streak [3] Technical Indicators - The 14-Day Relative Strength Index (RSI) for Lowe's reached 18, indicating it was in "oversold" territory, contributing to today's rally [3] - The stock has experienced significant losing streaks in the past, including an eight-day slide in September and a ten-day slide in October [3] Sentiment and Options Activity - Bearish sentiment has been prevalent, with a 50-day put/call volume ratio of 1.39, placing it in the 90th percentile of its annual range [4]