198.30 -0.03 (-0.02%)
After hours: 7:07PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||197.66 - 200.24|
|52 Week Range||134.60 - 200.24|
|PE Ratio (TTM)||27.55|
|Earnings Date||Feb 20, 2018|
|Forward Dividend & Yield||3.56 (1.81%)|
|1y Target Est||199.68|
Home remodeling is projected to grow at the fastest pace in more than a decade this year, according to a report out Thursday.
Shares of Lowe's (LOW) have a history of trailing rival Home Depot (HD), although it's been closing the gap in the past year, and while some analysts still see issues with the stock, others seem room for both companies on their buy list. Credit Suisse' Seth Sigman thinks that Lowe's is worth a shot. First, valuation, as Lowe's is trading near its 10-year low, and the gap between it and Home Depot has widened. Not all of that is good news--the difference in valuation is due to a gap between the two companies' comparable sales, as well as Home Depot's 'survivor' status, but Sigman sees that as an opportunity for Lowe's. Secondly, he writes that housing's ongoing strenght is good news for Lowe's, and third his research shows that about half of the sales and margin gap between Lowe's and Home Depot is fixable.
For the next four quarters, analysts are expecting Lowe’s Companies (LOW) to post EPS (earnings per share) of $5.16, which represents a rise of 14.4% from $4.51 in the corresponding four quarters of the previous year. EPS growth is expected to be driven by revenue growth, expansion of net margins, and share repurchases. Revenue growth is expected to be driven by positive SSSG (same-store sales growth), the addition of new stores, and the acquisitions of Central Wholesalers and Maintenance Supply Headquarters.
As of January 12, 2018, analysts were expecting Lowe’s Companies (LOW) stock to reach $93.43 in the next 12 months, which represents a fall of 7.4% from its current price. On January 12, 2018, Deutsche Bank raised its 12-month target price for LOW from $90 to $116. The improvement in macroeconomic factors and the expectation of a decline in the effective tax rate due to the passage of tax reforms could have prompted analysts to raise their target prices.
3M’s (MMM) Filtrete brand has launched a smart Bluetooth-enabled air filter for the home. Amanda Dauphinais, the global business unit manager of the Filtrete Brand, said, “The Filtrete Smart Air Filter helps monitor factors related to indoor air quality and provides data-driven alerts and replacement reminders, which is important because most people spend up to 90 percent of their time indoors.
Lowe's shares moved sharply higher after D.E. Shaw reportedly took an activist stake, but traders will be watching these key levels.
Assessing The Home Depot Inc’s (NYSE:HD) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has metRead More...
Home Depot is using big data to tailor each shopping experience, from the marketing to the purchase, to the individual customer's wants and needs.
Wall Street's main indexes surged on Friday as strong results for JPMorgan lifted financial stocks and robust retail sales data drove gains in consumer stocks. Amazon rose 1.8 percent and provided the biggest boost to the S&P and the Nasdaq.
For traditional investors, whether growth or value, Amazon.com Inc. (NASDAQ:AMZN) has always presented a hair-raising problem: Amazon stock does not conform to traditional valuation metrics.
Congress and President Donald Trump passed a historic tax cut late last year, lowering the corporate tax rate from 35% to 21%. This monumental legislation should place hundreds of billions of dollars back in the hands of corporations. But which companies will put these dollars in the hands of investors as dividend increases?
Home Depot (HD) and Lowe's (LOW) have been gaining from the solid industry trends. Apart from this, the companies have robust growth strategies that led them hit a 52-week high on Jan 5.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market action.