A number of research firms have changed their ratings and price targets for Lowe's Companies (NYSE: LOW):
Shares of Lowe's Companies, Inc. (NYSE:LOW) traded up 0.61% during mid-day trading on Friday, reaching $72.21. 2,710,550 shares of the company’s stock traded hands. The stock has a market capitalization of $63.04 billion, a PE ratio of 26.51 and a beta of 1.25. The company’s 50-day moving average price is $69.19 and its 200-day moving average price is $75.62. Lowe's Companies, Inc. has a 12-month low of $62.62 and a 12-month high of $83.65.
Lowe's Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, November 16th. The home improvement retailer reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by $0.08. Lowe's Companies had a net margin of 3.91% and a return on equity of 46.46%. The firm earned $15.70 billion during the quarter, compared to analysts’ expectations of $15.86 billion. During the same period in the previous year, the firm posted $0.80 EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. Analysts anticipate that Lowe's Companies, Inc. will post $3.92 earnings per share for the current year.