- Barrons.com•2 days ago
Oppenheimer's Brian Nagel and team argue that the weather, not "less than stringent operational controls" were to blame for Lowe's (LOW) second-quarter earnings disappointment: We have for some time looked on Home Improvement Retail as a key bright spot within an otherwise lackluster discretionary spending backdrop. Outperform-rated Lowe's (LOW) has represented one of our select favorite names within Hardlines Retail. While we continue to bemoan, at times, less than stringent operational controls at LOW, we very much come away with the view that recent sales weakness at LOW reflects primarily unfavorable weather...Per our analysis, the combination of greater exposure to sales of seasonal products early in the year and less of a focus on the pro consumer rendered LOW susceptible to unusual weather and a meaningful pull-forward in demand from Q2 (July) into Q1 (Apr.) and Q4 (Jan. 2016)... We recommend clients use weakness in LOW as a buying opportunity.
- CNBC•3 days ago
Aided by both Sears' demise and booming housing market, the growing appliance category hasn't gotten too crowded — yet.
Lowe's Companies, Inc. (LOW)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||76.92 x 500|
|Ask||76.93 x 2600|
|Day's Range||76.64 - 77.99|
|52wk Range||62.62 - 83.65|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||24.93|
|Avg Vol (3m)||4,890,901|
|Dividend & Yield||1.40 (1.82%)|