Lowe’s Companies (NYSE:LOW) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Lowe’s Companies (NYSE:LOW) released its quarterly earnings data on Wednesday. The home improvement retailer reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10, Zacks reports. Lowe’s Companies had a net margin of 8.19% and a negative return on equity of 47.55%. Lowe’s Companies updated its FY 2025 guidance to 12.150-12.400 EPS.

Lowe’s Companies Stock Up 3.3 %

Shares of NYSE:LOW traded up $8.06 during midday trading on Wednesday, reaching $250.45. The company’s stock had a trading volume of 1,684,648 shares, compared to its average volume of 2,299,858. The stock has a fifty day moving average of $252.53 and a 200 day moving average of $258.94. Lowe’s Companies has a twelve month low of $211.80 and a twelve month high of $287.01. The firm has a market capitalization of $141.42 billion, a PE ratio of 20.89, a P/E/G ratio of 1.96 and a beta of 1.11.

Analyst Ratings Changes

LOW has been the topic of several recent research reports. Stifel Nicolaus increased their target price on Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a research report on Wednesday, December 11th. Evercore ISI lifted their target price on Lowe’s Companies from $270.00 to $290.00 and gave the company an “in-line” rating in a research note on Thursday, December 12th. Wells Fargo & Company increased their price target on shares of Lowe’s Companies from $280.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. DA Davidson raised their price target on shares of Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. Finally, Barclays boosted their price objective on shares of Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Ten investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $282.96.

Lowe’s Companies Company Profile

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.