Lowe’s Companies, Inc. with ticker code (LOW) have now 30 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 290 and 151 with the average target price sitting at $228.67. Given that the stocks previous close was at $205.97 this would indicate that there is a potential upside of 11.0%. The 50 day moving average now sits at $200.45 and the 200 day MA is $200.79. The market capitalization for the company is $122,438m. Company Website: https://www.lowes.com
The potential market cap would be $135,932m based on the market consensus.
Lowe’s Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical. In addition, the company offers installation services through independent contractors in various product categories; and extended protection plans and repair services. It sells its national brand-name merchandise and private brand products to professional customers, homeowners, and renters. The company also sells its products through Lowes.com website; and through mobile applications. Lowe’s Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.
The company has a dividend yield of 2.04% with the ex dividend date set at 25-4-2023 (DMY).
Other points of data to note are a P/E ratio of 20.19, revenue per share of 154.31 and a 17.29% return on assets.
