Shares of Lowe's Companies, Inc. (NYSE:LOW) have been assigned an average rating of “Hold” from the thirty-three research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eighteen have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $88.41.

A number of analysts recently issued reports on the company. Stifel Nicolaus reaffirmed a “buy” rating and issued a $103.00 target price on shares of Lowe's Companies in a research report on Friday, December 22nd. Robert W. Baird reaffirmed a “buy” rating and issued a $110.00 target price on shares of Lowe's Companies in a research report on Wednesday. Barclays raised Lowe's Companies from an “equal weight” rating to an “overweight” rating in a research report on Friday. Zelman & Associates downgraded Lowe's Companies from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $75.00 target price on shares of Lowe's Companies in a research report on Thursday, September 28th.

In other news, insider Nelson B. Peace sold 3,352 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $80.20, for a total transaction of $268,830.40. Following the completion of the sale, the insider now owns 4,650 shares in the company, valued at $372,930. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.11% of the company’s stock.

Large investors have recently modified their holdings of the company. Harbour Capital Advisors LLC bought a new stake in shares of Lowe's Companies during the first quarter worth approximately $103,000. Atlantic Trust LLC bought a new stake in shares of Lowe's Companies during the second quarter worth approximately $105,000. State of Alaska Department of Revenue boosted its holdings in shares of Lowe's Companies by 8.3% during the second quarter. State of Alaska Department of Revenue now owns 1,440 shares of the home improvement retailer’s stock worth $111,000 after acquiring an additional 110 shares during the period. Motco boosted its holdings in shares of Lowe's Companies by 33.4% during the second quarter. Motco now owns 1,725 shares of the home improvement retailer’s stock worth $134,000 after acquiring an additional 432 shares during the period. Finally, Horan Capital Advisors LLC. bought a new stake in shares of Lowe's Companies during the third quarter worth approximately $134,000. Institutional investors own 73.12% of the company’s stock.

Lowe's Companies (NYSE:LOW) traded up $2.00 during trading hours on Monday, hitting $94.74. The company had a trading volume of 5,493,637 shares, compared to its average volume of 6,750,000. The company has a current ratio of 1.02, a quick ratio of 0.12 and a debt-to-equity ratio of 2.71. The firm has a market capitalization of $78,610.00, a P/E ratio of 22.77, a P/E/G ratio of 1.40 and a beta of 1.14. Lowe's Companies has a twelve month low of $70.54 and a twelve month high of $94.80.

Lowe's Companies (NYSE:LOW) last released its earnings results on Tuesday, November 21st. The home improvement retailer reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.03. The business had revenue of $16.77 billion for the quarter, compared to the consensus estimate of $16.59 billion. Lowe's Companies had a return on equity of 66.27% and a net margin of 5.16%. Lowe's Companies’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.88 earnings per share. research analysts anticipate that Lowe's Companies will post 4.51 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Wednesday, January 24th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Tuesday, January 23rd. Lowe's Companies’s dividend payout ratio (DPR) is presently 39.42%.

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Lowe's Companies Company Profile

Lowe’s Companies, Inc (Lowe’s) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens.

Analyst Recommendations for Lowe's Companies (NYSE:LOW)

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