November 24, 2016 – By Dolores Ford
Sentiment for Lowes Companies Inc (NYSE:LOW)
Lowes Companies Inc (NYSE:LOW) institutional sentiment elevated to zero.93 in Q2 2016. Its up zero.08, from zero.85 in 2016Q1. The ratio is extra constructive, as 432 funding managers began new or elevated inventory positions, whereas 509 minimize down and bought fairness positions in Lowes Companies Inc. The funding managers in our associate’s database reported: 632.90 million shares, down from 683.76 million shares in 2016Q1. Also, the variety of funding managers holding Lowes Companies Inc in their prime 10 inventory positions decreased from 62 to 58 for a lower of four. Sold All: 52 Reduced: 457 Increased: 340 New Position: 92.
Lowe’s Companies, Inc. is a house enchancment retailer. The firm has a market cap of $64.75 billion. The Firm operates roughly 1,860 house enchancment and hardware shops, representing roughly 200 million sq. ft of retail promoting area. It has a 26.1 P/E ratio. The Firm operates roughly 1,800 shops situated throughout over 50 states in the United States, together with roughly 80 Orchard Supply Hardware (Orchard) shops in California and Oregon, in addition to roughly 40 shops in Canada and over 10 shops in Mexico.
The inventory elevated zero.24% or $zero.17 on November 23, hitting $71.77. About 5.51 million shares traded palms. Lowe’s Companies, Inc. (NYSE:LOW) has declined 5.63% since April 22, 2016 and is downtrending. It has underperformed by 11.04% the S&P500.
Analysts await Lowe’s Companies, Inc. (NYSE:LOW) to report earnings on February, 22. They anticipate $zero.78 earnings per share, up 32.20% or $zero.19 from final yr’s $zero.59 per share. LOW’s revenue can be $703.71 million for 23.00 P/E if the $zero.78 EPS turns into a actuality. After $zero.88 precise earnings per share reported by Lowe’s Companies, Inc. for the earlier quarter, Wall Street now forecasts -11.36% damaging EPS progress.
According to Zacks Investment Research, “Lowe’s Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowe’s specializes in offering products and services for home improvement, home decor, home maintenance, home repair and remodeling and maintenance of commercial buildings. Lowe’s principal customer groups are do-it-yourself retail customers and commercial business customers.”
Ironsides Asset Advisors Llc holds 31.84% of its portfolio in Lowe’s Companies, Inc. for 1.32 million shares. Greenhaven Associates Inc owns eight.31 million shares or 12.91% of their US portfolio. Moreover, Two Creeks Capital Management Lp has 10.26% invested in the corporate for 1.96 million shares. The Washington-based Icm Asset Management Inc Wa has invested eight.87% in the inventory. Lionstone Capital Management Llc, a New York-based fund reported 161,700 shares.#img1#
Insider Transactions: Since January 1, 0001, the inventory had zero insider buys, and 1 sale for $1.02 million internet exercise.
Lowe’s Companies, Inc. (NYSE:LOW) Ratings Coverage
Ratings evaluation reveals 47% of Lowe’s Companies Inc.’s analysts are constructive. Out of 19 Wall Street analysts score Lowe’s Companies Inc., 9 give it “Buy”, zero “Sell” score, whereas 10 advocate “Hold”. The lowest goal is $69 whereas the excessive is $94. The inventory’s common goal of $82.50 is 14.95% above immediately’s ($71.77) share worth. LOW was included in 28 notes of analysts from August 19, 2015. Cleveland downgraded the inventory to “Neutral” score in Thursday, October 6 report. On Wednesday, August 19 the inventory score was maintained by Cantor Fitzgerald with “Hold”. Atlantic Securities upgraded the inventory to “Overweight” score in Tuesday, November 24 report. Goldman Sachs maintained Lowe’s Companies, Inc. (NYSE:LOW) on Wednesday, April 6 with “Buy” score. The inventory has “Hold” score given by Jefferies on Friday, May 13. The inventory has “Neutral” score given by PiperJaffray on Monday, October 31. On Thursday, November 17 the inventory score was downgraded by Telsey Advisory Group to “Market Perform”. The inventory of Lowe’s Companies, Inc. (NYSE:LOW) has “Buy” score given on Tuesday, August 2 by Stifel Nicolaus. The agency earned “Buy” score on Thursday, November 19 by Zelman. The firm was downgraded on Wednesday, October 26 by Wedbush.
LOW Company Profile
Lowe’s Companies, Inc. (Lowe’s), included on August 1, 1952, is a house enchancment retailer. The Firm operates roughly 1,860 house enchancment and hardware shops, representing roughly 200 million sq. ft of retail promoting area. The Firm operates roughly 1,800 shops situated throughout over 50 states in the United States, together with roughly 80 Orchard Supply Hardware (Orchard) shops in California and Oregon, in addition to roughly 40 shops in Canada and over 10 shops in Mexico. The Firm operates by way of the house enchancment retail actions phase. The Firm serves householders, renters and professional shoppers (Pro clients). The Company’s retail shoppers include particular person householders and renters. The Pro buyer consists of roughly two classes, reminiscent of development trades, and upkeep, restore and operations.
More notable current Lowe’s Companies, Inc. (NYSE:LOW) information have been revealed by: Prnewswire.com which launched: “Lowe’s Companies, Inc. Declares Cash Dividend” on November 11, 2016, additionally Investorplace.com with their article: “Lowe’s Companies, Inc. (LOW) Stock Sinks After Q3 Earnings Results” revealed on November 16, 2016, Forbes.com revealed: “July 2017 Options Now Available For Lowe’s Companies (LOW)” on November 21, 2016. More fascinating information about Lowe’s Companies, Inc. (NYSE:LOW) have been launched by: Investorplace.com and their article: “Why Lowe’s Companies, Inc. (LOW), PDL BioPharma Inc (PDLI) and Mallinckrodt …” revealed on November 16, 2016 in addition to Investorplace.com‘s information article titled: “3 Big Stock Charts: Target Corporation (TGT), Lowe’s Companies, Inc. (LOW) and …” with publication date: November 16, 2016.
Receive News & Ratings Via Email – Enter your e mail tackle under to obtain a concise every day abstract of the newest information and analysts’ scores with our FREE every day e mail publication.
By Dolores Ford