Lowe’s Cos., Inc. (NYSE: LOW) on Tuesday, plunged -0.72% from the previous trading day, before settling in for the closing price of $230.01. Within the past 52 weeks, LOW’s price has moved between $181.85 and $262.49.
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A company in the Consumer Cyclical sector has jumped its sales by 4.52% annually for the last half of the decade. The company achieved an average annual earnings per share of -7.10%. With a float of $571.55 million, this company’s outstanding shares have now reached $574.00 million.
In an organization with 284000 employees, it is important to assess its efficiency.
Lowe’s Cos., Inc. (LOW) Insider and Institutional Ownership
Observing investor behavior towards Home Improvement Retail industry stocks is more important than anything else. The insider ownership of Lowe’s Cos., Inc. is 0.11%, while institutional ownership is 75.51%. The most recent insider transaction that took place on Mar 07 ’24, was worth 1,506,996. In this transaction EVP, Chief Financial Officer of this company sold 6,227 shares at a rate of $242.01, taking the stock ownership to the 17,022 shares. Before that another transaction happened on Mar 01 ’24, when Company’s EVP, Chief Information Officer sold 27,292 for $240.34, making the entire transaction worth $6,559,330. This insider now owns 21,246 shares in total.
Lowe’s Cos., Inc. (LOW) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 744.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.20% during the next five years compared to 35.96% growth over the previous five years of trading.
Lowe’s Cos., Inc. (NYSE: LOW) Trading Performance Indicators
Lowe’s Cos., Inc. (LOW) is currently performing well based on its current performance indicators. A quick ratio of 0.14 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51. Likewise, its price to free cash flow for the trailing twelve months is 21.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.17, a number that is poised to hit 2.93 in the next quarter and is forecasted to reach 13.45 in one year’s time.
Technical Analysis of Lowe’s Cos., Inc. (LOW)
Let’s dig in a bit further. During the last 5-days, its volume was 2.34 million. That was inferior than the volume of 2.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.32%. Additionally, its Average True Range was 4.93.
During the past 100 days, Lowe’s Cos., Inc.’s (LOW) raw stochastic average was set at 48.48%, which indicates a significant increase from 3.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.45% in the past 14 days, which was lower than the 22.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $238.24, while its 200-day Moving Average is $220.27. However, in the short run, Lowe’s Cos., Inc.’s stock first resistance to watch stands at $229.69. Second resistance stands at $231.03. The third major resistance level sits at $232.21. If the price goes on to break the first support level at $227.17, it is likely to go to the next support level at $225.98. The third support level lies at $224.64 if the price breaches the second support level.
Lowe’s Cos., Inc. (NYSE: LOW) Key Stats
Market capitalization of the company is 130.66 billion based on 572,184K outstanding shares. Right now, sales total 86,377 M and income totals 7,726 M. The company made 18,603 M in profit during its latest quarter, and 1,020 M in sales during its previous quarter.
