Is Lowe’s Cos., Inc. (NYSE: LOW) The Best Stock To Invest In?

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Stocks Info

Lowe’s Cos., Inc. is listed on the NYSE in the Consumer Cyclical sector while operating in the Home Improvement Retail industry. At the end of the last regular session, the stock closed at $218.12 and fluctuated between $219.92 as its day high and $216.22 as its day low. The current market capitalization of Lowe’s Cos., Inc. is $125.44B. A total of 2.15 million shares were traded on the day, compared to an average of 2.98M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, LOW has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 19 SELLs from insiders. Insiders purchased 378,774 shares during that period but sold 241,898.

In the most recent transaction, Dupre Janice sold 5,380 shares of LOW for 231.28 per share on Aug 31. After the transaction, the EVP, Human Resources now owns 24,216 company shares. In a previous transaction on Aug 28, McFarland Joseph Michael sold 4,500 shares at 222.53 per share. LOW shares that EVP, Stores owns now total 46,594.

Among the insiders who sold shares, Frieson Donald disposed of 13,114 shares on May 26 at a per-share price of $203.45. This resulted in the EVP, Supply Chain holding 18,020 shares of LOW after the transaction. In another insider transaction, Boltz William P sold 36,341 shares at $203.00 per share on May 25. Company shares held by the EVP, Merchandising now total 24,005.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Lowe’s Cos., Inc. pays an annual dividend of $4.38, resulting in a dividend yield of 2.01%, and it has a price to earnings (P/E) ratio of 16.81. LOW’s most recent ex-dividend date was 1/23/2024 when it declared a $1.10 quarterly dividend that was paid in cash on 2/7/2024. Previously, the company paid the dividend on 11/8/2023 with an ex-dividend date of 10/24/2023. The LOW stock dividend was $1.10 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for LOW in the last 3 months, the mean price target is $230.72 with high estimates of $289.00 and low estimates of $165.00. In terms of 52-week highs and lows, LOW has a high of $237.21 and a low of $181.85.

As of this writing, LOW has an earnings estimate of $1.69 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $1.88 per share and a lower estimate of $1.58. The company reported an EPS of $4.56 in the last quarter, which was 1.60% higher than expectations of $4.49.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. LOW’s latest balance sheet shows that the firm has $1.13B in Cash & Short Term Investments as of fiscal 2022. There were $29.38B in debt and $19.67B in liabilities at the time. Its Book Value Per Share was -$26.34, while its Total Shareholder’s Equity was -$4.82B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LOW is Buy with a score of 4.00.

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