DA Davidson Cuts Lowe’s Companies (NYSE:LOW) Price Target to $240.00

Lowe’s Companies (NYSE:LOW) had its price objective decreased by DA Davidson from $270.00 to $240.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the home improvement retailer’s stock. DA Davidson’s price target indicates a potential upside of 10.41% from the company’s current price. DA Davidson also issued estimates for Lowe’s Companies’ Q2 2025 earnings at $3.98 EPS.

A number of other analysts have also recently weighed in on the stock. Morgan Stanley increased their target price on shares of Lowe’s Companies from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, February 28th. Robert W. Baird raised shares of Lowe’s Companies from an “average” rating to an “outperform” rating and set a $250.00 target price on the stock in a report on Wednesday, February 14th. UBS Group increased their price objective on shares of Lowe’s Companies from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th. Wedbush reissued a “neutral” rating and set a $250.00 target price on shares of Lowe’s Companies in a research note on Wednesday. Finally, StockNews.com lowered shares of Lowe’s Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, Lowe’s Companies presently has an average rating of “Hold” and a consensus target price of $251.33.

Lowe’s Companies Price Performance

NYSE LOW opened at $217.38 on Wednesday. The company’s fifty day moving average price is $237.03 and its two-hundred day moving average price is $224.66. The company has a market capitalization of $124.38 billion, a price-to-earnings ratio of 17.46, a price-to-earnings-growth ratio of 1.74 and a beta of 1.15. Lowe’s Companies has a 12 month low of $181.85 and a 12 month high of $262.49.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings results on Tuesday, May 21st. The home improvement retailer reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.12. Lowe’s Companies had a negative return on equity of 48.52% and a net margin of 8.46%. The business had revenue of $21.36 billion during the quarter, compared to the consensus estimate of $21.14 billion. During the same period last year, the firm earned $3.67 earnings per share. The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. As a group, analysts anticipate that Lowe’s Companies will post 12.21 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Lowe’s Companies during the 4th quarter valued at $1,638,746,000. Vanguard Group Inc. boosted its position in Lowe’s Companies by 5.2% during the first quarter. Vanguard Group Inc. now owns 53,693,630 shares of the home improvement retailer’s stock valued at $13,677,378,000 after purchasing an additional 2,674,372 shares during the last quarter. Ontario Teachers Pension Plan Board grew its stake in Lowe’s Companies by 187,225.6% in the third quarter. Ontario Teachers Pension Plan Board now owns 2,111,159 shares of the home improvement retailer’s stock valued at $438,783,000 after purchasing an additional 2,110,032 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Lowe’s Companies in the 4th quarter worth about $430,090,000. Finally, Schroder Investment Management Group lifted its holdings in shares of Lowe’s Companies by 189.5% during the 3rd quarter. Schroder Investment Management Group now owns 2,798,268 shares of the home improvement retailer’s stock valued at $581,592,000 after buying an additional 1,831,727 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

About Lowe’s Companies

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.