|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||102.47 - 105.35|
|52 Week Range||70.76 - 105.60|
|PE Ratio (TTM)||25.30|
|Earnings Date||Feb 28, 2018|
|Forward Dividend & Yield||1.64 (1.62%)|
|1y Target Est||98.83|
Lowe’s said it is appointing two new board members—including a pioneer of activist investing—after talks with hedge-fund firm D.E. Shaw.
SSSG (same-store sales growth) is an important indicator used to assess the performance of a company as it raises its sales without increasing its capital expenditure, thus driving its EPS (earnings per share). From the above graph, you can see that Home Depot’s (HD) SSSG has been on the rise for the past three quarters. The company posted SSSG of 5.5%, 6.3%, and 7.9% during 1Q17, 2Q17, and 3Q17, respectively.
D.E. Shaw has built a stake worth roughly $1 billion in the $84 billion company, according to a source familiar with the matter. Shaw has been concerned about Lowe's operational performance in comparison with peers, the source added. Lowe's same-store sales growth has lagged Home Depot's (HD.N) for several years as it focuses more on do-it-yourself customers compared to its bigger rival's focus on professional contractors who bill more.
Among the companies with shares expected to trade actively in Friday's session are International Business Machines Corp., American Express Co., Nike Inc., Berkshire Hathaway Inc., JPMorgan Chase & Co., ...
The home-improvement retailer agrees to put three dissident directors on the company's board, including a big investor and David Batchelder, co-founder of the now-defunct, trailblazing activist fund Relational ...
Improving job scenario, housing market recovery and merchandising initiatives along with efforts to enhance omni-channel capabilities bode well for Lowe's (LOW).
The activist investor targeting Lowe’s Cos. believes the home improvement retailer’s stock could triple in value if it makes changes to match up to rival Home Depot Inc., according to people familiar with ...
Investors who want to cash in on Lowe’s Companies Inc’s (NYSE:LOW) upcoming dividend of $0.41 per share have only 3 days left to buy the shares before its ex-dividend date,Read More...
MOORESVILLE, N.C., Jan. 19, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (LOW) announced today that it has appointed David H. Batchelder, co-founder of Relational Investors, and Lisa W. Wardell, CEO of Adtalem Global Education, to its board of directors effective March 22, 2018. The company will nominate Batchelder, Wardell and new nominee Brian C. Rogers, chairman of T. Rowe Price Group and its former chief investment officer, for election at Lowe's 2018 Annual Meeting of Shareholders.
Here come those tax cuts! If you are an American corporation, especially a large publicly traded one, there is going to be a windfall. Since JNJ is held by many income investors, they’ll take all the money they can get.
The stock market’s relentless march upward has pushed the prices of many companies higher. Fortunately, Simply Safe Dividends identified 10 super-safe dividend growth stocks that investors can rely on for secure, fast-growing income. Let’s take a look at 10 of the safest dividend growth stocks in the market.
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.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting LOW. Over the last month, growth of ETFs holding LOW is favorable, with net inflows of $17.41 billion.
Lowe's shares moved sharply higher after D.E. Shaw reportedly took an activist stake, but traders will be watching these key levels.
Jan.12 -- Investor D.E. Shaw & Co. has built an active stake in U.S. home retailer Lowe’s Cos., according to people familiar with the matter. Bloomberg's Ed Hammond has more on "What'd You Miss?"