Lowe’s Cos., Inc (NYSE:LOW) shares, rose in value, with the stock price down by -0.01% to the previous day’s close as strong demand from buyers drove the stock to $223.49.
Actively observing the price movement in the recent trading, the stock is buoying the session at $223.51. The PE ratio was 18.30 over 12-month period. Referring to stock’s 52-week performance, its high was $287.01, and the low was $206.38. On the whole, LOW has fluctuated by 5.57% over the past month.
With the market capitalization of Lowe’s Cos., Inc currently standing at about $125.09 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 4.60, with its dividend yield at 2.06%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 84.51B, with a low estimate of 20.81B and a high estimate of 21.83B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 21.08B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LOW’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.41, with the price of LOW currently trading nearly 1.01% and -1.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.39, while the 7-day volatility ratio is showing 1.55% which for the 30-day chart, stands at 3.12%. Furthermore, Lowe’s Cos., Inc (LOW)’s beta value is 0.94, and its average true range (ATR) is 5.71.
A comparison of Lowe’s Cos., Inc (LOW) with its peers suggests the former has fared considerably weaker in the market. LOW showed an intraday change of -0.01% in today’s session so far, and over the past year, it shrunk by -3.55%%.
Data on historical trading for Lowe’s Cos., Inc (NYSE:LOW) indicates that the trading volumes over the past 3 months, they’ve averaged 2.76 million. According to company’s latest data on outstanding shares, there are 560.00 million shares outstanding.
Nearly 0.12% of Lowe’s Cos., Inc’s shares belong to company insiders and institutional investors own 77.30% of the company’s shares. The stock has fallen by -9.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LOW stock heading into the next quarter.
