Lowe’s Companies, Inc. (NYSE:LOW) Forecasted to Post FY2025 Earnings of $14.70 Per Share

Lowe’s Companies, Inc. (NYSE:LOW – Get Rating) – Zacks Research dropped their FY2025 EPS estimates for Lowe’s Companies in a report released on Wednesday, March 15th. Zacks Research analyst S. Singh now anticipates that the home improvement retailer will post earnings per share of $14.70 for the year, down from their prior forecast of $14.83. The consensus estimate for Lowe’s Companies’ current full-year earnings is $13.87 per share. Zacks Research also issued estimates for Lowe’s Companies’ FY2026 earnings at $16.00 EPS.

LOW has been the topic of a number of other reports. Loop Capital reduced their price objective on shares of Lowe’s Companies from $210.00 to $200.00 in a research note on Friday, December 9th. Wedbush raised their price objective on shares of Lowe’s Companies from $190.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, December 8th. UBS Group reduced their price objective on shares of Lowe’s Companies from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, January 6th. Credit Suisse Group initiated coverage on shares of Lowe’s Companies in a research note on Monday, December 19th. They issued a “neutral” rating and a $210.00 price objective on the stock. Finally, Telsey Advisory Group reduced their price objective on shares of Lowe’s Companies from $250.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, March 2nd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Lowe’s Companies currently has an average rating of “Hold” and a consensus target price of $224.81.

Lowe’s Companies Price Performance

Shares of Lowe’s Companies stock opened at $197.36 on Friday. Lowe’s Companies has a fifty-two week low of $170.12 and a fifty-two week high of $238.37. The firm has a market cap of $122.50 billion, a P/E ratio of 19.72, a P/E/G ratio of 1.13 and a beta of 1.10. The firm has a 50 day simple moving average of $205.77 and a 200 day simple moving average of $201.03.

Lowe’s Companies (NYSE:LOW – Get Rating) last issued its quarterly earnings results on Wednesday, March 1st. The home improvement retailer reported $2.28 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.07. The business had revenue of $22.40 billion during the quarter, compared to analyst estimates of $22.71 billion. Lowe’s Companies had a net margin of 6.63% and a negative return on equity of 82.30%. Lowe’s Companies’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.78 earnings per share.

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, EVP Donald Frieson sold 9,411 shares of Lowe’s Companies stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $197.00, for a total value of $1,853,967.00. Following the sale, the executive vice president now directly owns 17,888 shares in the company, valued at approximately $3,523,936. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Lowe’s Companies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LOW. Allworth Financial LP increased its stake in shares of Lowe’s Companies by 13.0% during the 3rd quarter. Allworth Financial LP now owns 11,173 shares of the home improvement retailer’s stock worth $2,098,000 after purchasing an additional 1,283 shares during the last quarter. Financial Strategies Group Inc. increased its stake in shares of Lowe’s Companies by 26.2% during the 3rd quarter. Financial Strategies Group Inc. now owns 5,916 shares of the home improvement retailer’s stock worth $1,111,000 after purchasing an additional 1,229 shares during the last quarter. New Millennium Group LLC acquired a new position in shares of Lowe’s Companies during the 2nd quarter worth about $47,000. PFS Investments Inc. increased its stake in shares of Lowe’s Companies by 6.8% during the 3rd quarter. PFS Investments Inc. now owns 11,740 shares of the home improvement retailer’s stock worth $2,205,000 after purchasing an additional 746 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of Lowe’s Companies by 6.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 42,759 shares of the home improvement retailer’s stock worth $8,031,000 after purchasing an additional 2,592 shares during the last quarter. 72.62% of the stock is currently owned by institutional investors and hedge funds.

About Lowe’s Companies

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Lowe’s Cos., Inc engages in the retail sale of home improvement products. The firm offers products for maintenance, repair, remodeling, home decorating and property maintenance. It also provides home improvement products in the following categories: appliances, bathroom, building supply, electrical, flooring, hardware, paint, kitchen, plumbing, lighting & fans, outdoor living, windows and doors.