Alert: New Earnings Report (11/21/23)-Lowe”s Cos Inc (NYSE: LOW).

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Lowe”s Cos Inc (NYSE: LOW) has reported E.P.S. of $3.07 for its third fiscal quarter (ending October 31) versus $0.25 for the same period a year ago — an increase of 1128%. For the latest four quarters through October 31, E.P.S. were $13.01 versus $10.35 for the same period a year ago — an increase of 26%.

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Recent Price Action

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Lowe”s Cos Inc (NYSE: LOW) stock closed at $198.06 on 11/21/23 after a large decline of -3.1%. The stock has risen 2.2% during the last week and has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, LOW is expected to be an important Value Eraser.

Lowe”s is currently unrated.

Rating Review

The stock is currently unrated.

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