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 300 and 151 suggesting an average Analsyt target price of $228.83. Given that the stocks previous close was at $196.79 this now indicates there is a potential upside of 16.3%. It’s also worth noting that there is a 50 day moving average of $204.98 and the 200 day moving average is $197.85. The market capitalization for the company is $115,134m. Visit the company website at: https://www.lowes.com
The potential market cap would be $133,879m based on the market consensus.
Lowe’s Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It 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, lighting, and electrical. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private brand products to homeowners, renters, and professional customers. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; 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 2.13% with the ex dividend date set at 24-1-2023 (DMY).
Other points of data to note are a P/E ratio of 18.84, revenue per share of 154.31 and a 14.37% return on assets.
