|Bid||91.60 x 800|
|Ask||91.63 x 800|
|Day's Range||90.66 - 92.23|
|52 Week Range||81.16 - 117.70|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||20.41|
|Earnings Date||Feb 27, 2019|
|Forward Dividend & Yield||1.92 (2.09%)|
|1y Target Est||111.86|
Yahoo Finance’s Adam Shapiro and Julie Hyman join First American Chief Economist Mark Fleming and LendingTree Chief Economist Tendayi Kapfidze to discuss the correlation between low millennial homeownership and student debt.
Mooresville-based Lowe’s Cos. Inc. now has a new multi-year agreement to become the official sponsor of the National Football League.
One of the intriguing facets of this deal will be Lowe’s launching the sponsorship while Super Bowl LIII is in The Home Depot’s home city of Atlanta.
Lowe's Cos. said Tuesday that it has become the official home improvement sponsor of the National Football League. The multi-year sponsorship will give Lowe's exposure at the Super Bowl, NFL draft, and other major events. The retailer will also be a presenting sponsor of the Super Bowl Experience at Super Bowl LIV in 2020 in Miami. Lowe's shares have sunk 13.4% over the last year while the S&P 500 index is down 6.5% for the period.
NEW YORK and MOORESVILLE, N.C., Jan. 22, 2019 /PRNewswire/ -- The National Football League today announced that Lowe's Companies, Inc. (LOW) is now the Official Home Improvement Retail Sponsor of the NFL. The exclusive, multi-year sponsorship grants Lowe's the ability to market and activate on a national and local level throughout the year, including at key events such as the Super Bowl, NFL Draft, NFL Combine, NFL Kickoff and in support of the NFL's Salute to Service.
Will Marvin Ellison’s Initiatives Spark a Turnaround for Lowe’s?(Continued from Prior Part)Analysts’ 2018 EPS expectations In the first three quarters of 2018, Lowe’s Companies (LOW) posted adjusted EPS of $4.30, a rise of 17.8% from $3.65 in
Big box retailers Home Depot and Lowe's are getting beaten down. Lowe's is a hair from breaking a key support level, says Trading Analysis.com's Todd Gordon.
Will Marvin Ellison’s Initiatives Spark a Turnaround for Lowe’s?(Continued from Prior Part)Lowe’s strategiesAfter strategically reassessing its business, Lowe’s Companies’ (LOW) management announced during the company’s third-quarter
After tax cuts, rising incomes and buoyant stock markets set off a consumer boom in 2018, signs are emerging that the main engine of U.S. economic growth could sputter, and a record-long government shutdown further muddies the waters. Federal Reserve officials and many economists have long counted on continued robust consumer spending to keep the economy chugging along, despite headwinds from recent financial markets turbulence, trade conflicts and weakening global growth. Now they fear the consumer boom could be on the cusp of a reversal.
was lower Thursday after JPMorgan Chase cut its target price for the home-improvement retailer to $203 from $208 but continues to be overweight the stock. -resistant nature of the industry, and significant financial and operating leverage that amplifies EPS growth in better sales environments. With internal momentum building, we expect HD to benefit from its refocused branding and value proposition, which has driven favorable traffic and ticket trends at the retailer," JPMorgan said in a note to investors.
Will Marvin Ellison’s Initiatives Spark a Turnaround for Lowe’s?(Continued from Prior Part)LOW’s valuation On January 16, Lowe’s Companies (LOW) was trading at a forward PE multiple of 15.7x. In comparison, Lowe’s was trading at a discount
Will Marvin Ellison’s Initiatives Spark a Turnaround for Lowe’s?LOW’s performance Last year was a tough one for home improvement retailers. The SPDR S&P Homebuilders ETF (XHB), which tracks home improvement and furnishing companies, fell
Why Home Depot Stock Is Down TodayAnalysts’ recommendationsToday, JPMorgan Chase cut its price target for Home Depot (HD) to $203 from $208. The new target represents a potential upside of 14.7% from its January 16 closing price of $177.04.Other
# Lowe's Companies Inc ### NYSE:LOW View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for LOW with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LOW. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $11.31 billion over the last one-month into ETFs that hold LOW are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. LOW credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The latest sales figures from the paint maker could mean investors should rein in expectations for the major home improvement retailers.
Could Home Depot Turn Around this Year?(Continued from Prior Part)Analysts’ EPS expectationsHome Depot’s (HD) adjusted EPS grew 32.0% YoY (year-over-year) to $7.64 from $5.79 in last year’s first three quarters, driven by revenue growth, net
Could Home Depot Turn Around this Year?(Continued from Prior Part)Home Depot’s integrated retail strategyTo counter Amazon (AMZN), Home Depot (HD) has been focusing on its integrated retail strategy, One Home Depot. The strategy integrates its offline and online channels to enhance customers’ experience, which could be hard for Amazon to
Could Home Depot Turn Around this Year? (Continued from Prior Part) ## Analysts’ recommendations Of the 34 analysts covering Home Depot (HD), 73.5% recommend “buy,” and 26.5% recommend “hold.” None recommend “sell.” Their average 12-month PT (price target) of $203.93 implies a 13.7% upside from its January 11 closing price of $179.41. This month, RBC raised Home Depot’s PT from $191 to $196, while UBS lowered its PT from $220 to $200. After Home Depot announced its third-quarter earnings on November 13, Credit Suisse, Baird, Stifel, and Telsey Advisory Group cut their PTs. Bank of America Merrill Lynch downgraded the stock from “buy” to “neutral,” and lowered its PT from $219 to $195. ## Peer comparison Of the 32 analysts covering Lowe’s (LOW), 71.9% recommend “buy,” and 28.1% recommend “hold.” Their average 12-month PT of $111.86 implies a 15.0% upside from the stock’s current price of $97.30. Of the 24 analysts covering Williams-Sonoma (WSM), 4.2% recommend “buy,” 79.2% recommend “hold,” and 16.7% recommend “sell.” Their average 12-month PT of $55.50 implies a 5.4% upside from the stock’s current price of $52.81. Of the 22 analysts covering Bed Bath & Beyond (BBBY), 63.6% recommend “hold,” and 36.4% recommend “sell.” Their average 12-month PT of $13.40 implies a 12.0% downside from the stock’s current price of $15.23. ## Valuation As of January 11, Home Depot’s forward PE multiple was 17.5x, compared with 23.0x at the beginning of last year. Home Depot’s stock price decline lowered its valuation multiple. On the same day, Lowe’s, Williams-Sonoma, and Bed Bath & Beyond had forward PE multiples of 16.3x, 11.9x, and 16.3x, respectively. Home Depot’s EPS are 18.3 times analysts’ 2018 expectations, and 17.4 times their 2019 expectations. They estimate that its EPS rose 31.4% last year, and that they will rise 4.9% this year. Next, we’ll look at Home Depot’s strategies and analysts’ revenue expectations. Continue to Next Part Browse this series on Market Realist: * Part 1 - Could Home Depot Turn Around this Year? * Part 3 - How Home Depot Aims to Drive Its Sales * Part 4 - Why Analysts Expect Home Depot’s EPS Growth to Slow
Last year was tough for home improvement retailers, including Home Depot (HD), whose stock price fell 9.3%. The stock fell despite Home Depot beating analysts’ EPS expectations in the first three quarters of 2018, as investors grew skeptical about increased interest rates and the weak housing market. Weakness in broader equity markets—the S&P 500 fell 6.2%—didn’t help, either.
The perennial No. 2 home-improvement chain still has room for improvement, but a souring backdrop could make for tougher times ahead