Lowe”s Cos Inc (NYSE: LOW) has reported earnings for its second fiscal quarter (ending July 31) of $4.18 versus $4.56 for the same period a year ago. E.P.S. were $12.08 for the latest four quarters through July 31 versus $10.17 for the same period a year ago.
Recent Price Action
On 8/20/24, Lowe”s Cos Inc (NYSE: LOW) stock declined modestly by -1.2%, closing at $240.33. Moreover, above average trading volume at 142% of normal accompanied the decline. The stock has risen 4.0% 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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