Lowe's: Better Results May Be In The Price (Rating Downgrade) [Seeking Alpha]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=95223&p=irol-irhome
Company Research
Source: Seeking Alpha
The company's 2024 outlook is disappointing, but it is likely conservative, given scope for sequential improvement. Existing housing market fundamentals should boost DIY sales, while Lowe's may struggle to grow its pro business as quickly as hoped. Shares have Lowe's ( NYSE: LOW ) have been a reasonable performer over the past year, gaining 19%, as the housing market has withstood pressures from higher rates better than many investors may have feared. Since recommending shares as a buy in October , Lowe's has rallied by over 31%, ahead of the market's 26% gain. Shares have actually eclipsed my $215 price target from several months ago, raising the question of whether it is time to take profits. This has come even as the company's 2024 outlook is disappointing to me, though I view it as conservative. Still, I would be inclined to take profits here, as I believe the market is also pricing in a higher EPS result than guidance. In the company's fourth quarter reported on February 2
Show less
Read more
Impact Snapshot
Event Time:
LOW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LOW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LOW alerts
High impacting Lowe's Companies, Inc. news events
Weekly update
A roundup of the hottest topics
LOW
News
- Pneumatic Tools Market to Reach Valuation of US$ 4,407.4 Million By 2032 | Asia Pacific to Remain the Most Lucrative Revenue Pocket for Manufacturers Says Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Best lawn mower deals to shop ahead of Memorial Day [CBS News]CBS News
- Achieve Control And Scale In A Privacy-Safe Way With Google's AI-Powered Commerce Solutions [Forbes]Forbes
- Home Depot's viral Halloween skeleton quickly sells out before summer as social media users sound off [FOX Business Network]FOX Business Network
- U.S. bans most uses of paint-stripping solvent after dozens of deaths [CBS News]CBS News
LOW
Earnings
- 2/27/24 - Beat
LOW
Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- LOW's page on the SEC website