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Stock impact report

What Is Lowe's Companies's (NYSE:LOW) P/E Ratio After Its Share Price Rocketed? [Yahoo! Finance News]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Lowe's CompaniesNYSE:LOWAll else being equal, a sharp share price increase should make a stock less attractive to potential investors. In the long term, share prices tend to follow earnings per share, but in the short term prices bounce around in response to short term factors which are not always obvious). So some would prefer to hold off buying when there is a lot of optimism towards a stock. One way to gauge market expectations of a stock is to look at its Price to Earnings Ratio PE Ratio). A high P/E implies that investors have high expectations of what a company can achieve compared to a company with a low P/E ratio.Check out our latest analysis for Lowe's CompaniesDoes Lowe's Companies Have A Relatively High Or Low P/E For Its Industry?Lowe's Companies's P/E of 17.68 indicates some degree of optimism towards the stock. You can see in the image below that the average P/E 8.8) for companies in the specialty retail industry is lower than Lowe's Companies's P/E.NYSE:LOW Price Estima Show less Read more
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