|Bid||100.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||107.50 - 110.04|
|52 Week Range||84.75 - 118.23|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||38.39|
|Earnings Date||May 22, 2019|
|Forward Dividend & Yield||1.92 (1.70%)|
|1y Target Est||117.59|
A couple of key events this week that will be grabbing the attention of market watchers include the FOMC meeting minutes and retail earnings.
Lowe's: What to Expect from Its Q1 Earnings(Continued from Prior Part)First-quarter estimatesAnalysts expect Lowe’s Companies (LOW) to post an adjusted EPS of $1.33 in the first quarter—a rise of 11.8% from $1.19 in the first quarter of 2018.
Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.The earnings calendar shifts to retail next week at a very interesting time. With trade tensions rising, earnings reports in the sector need to be watched closely.Industry leader Walmart (NYSE:WMT) reported this week, posting strong results in its fiscal first quarter. But in the wake of potential 25% tariffs on Chinese goods, the retail giant announced it would raise prices. That commentary appears to have dampened a rally in WMT stock, which gained just 1.4% despite handily beating earnings estimates.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe response to Walmart earnings sets up several interesting earnings reports last week as other retail leaders disclose their own fiscal Q1 numbers. Given a strong economy and high consumer confidence, more earnings beats seem likely. But with the trade war an obvious near-term concern, it may be that next week, too, it's forward-looking commentary, rather than backward-looking numbers, that capture investor attention.And given the companies reporting next week, that could drive trading as earnings season winds down. Key auto parts retailers Advance Auto Parts (NYSE:AAP) and AutoZone (NYSE:AZO) will try and reverse recent declines while facing significant potential tariff exposure. Walmart's key brick-and-mortar retailer may detail its own challenges and its plan to respond. The two housing leaders report. And the off-price channel sees a pair of key earnings reports. * 10 Baby Boomer Stocks to Buy Next week would have been big for the retail sector regardless. With recent developments, it might be huge for the entire market. Home Depot (HD)Source: Shutterstock Earnings Report Date: Tuesday, May 21, before market openThere might not be a better stock than Home Depot (NYSE:HD) to give a read on the current market. Home Depot's exposure to housing has been a drag on the stock of late: HD stock actually has been flat since the beginning of last year. Even with housing stocks recovering nicely this year, HD has weakened in recent weeks. Earnings from Home Depot should give a read on how the market is performing … and also reflect consumer sentiment in the key repair and remodel category.Home Depot also has direct exposure to the new tariffs and indirect exposure to the potential economic harm they could cause. And so the commentary from Home Depot management and the reaction in HD stock on Tuesday both should be watched closely. Do Home Depot executives believe the economy is strong enough to withstand more tariffs? And will investors believe them?Home Depot also has the nagging problem of a potential revival at competitor Lowe's Companies (NYSE:LOW). Lowe's reports on Wednesday morning, adding another data point regarding strength in the sector … and another potential mover for HD stock. TJX Companies (TJX)Source: Mike Mozart via FlickrEarnings Report Date: Tuesday, May 21, before market openOff-price retailers, including industry leader TJX Companies (NYSE:TJX), have largely escaped the worries about competition from Amazon (NASDAQ:AMZN) and other retailers. TJX stock took a hit in the Q4 market selloff, but recently challenged 2018 highs before pulling back of late.Here, too, tariffs likely will be a key part of the post-earnings discussion. Like Home Depot, TJX sees a rival report next week: Ross Stores (NASDAQ:ROST) is scheduled to release Q1 earnings after the close on Thursday. * Top 7 Dow Jones Stocks of 2019 -- So Far These two earnings reports likely won't have the same potentially market-moving impact as those from Home Depot and Lowe's. But for a sector whose valuations have returned to the past level, and which remains surprisingly immune to e-commerce, the key will be stability. TJX needs to show that growth is continuing … and that its moat remains intact. With so many uncertainties already in this market, investors don't want to deal with anymore. Target (TGT)Source: Mike Mozart via Flickr (Modified)Earnings Report Date: Wednesday, May 22, before market openTarget Corporation (NYSE:TGT) heads into its Q1 earnings report in need of good news. The rollout of one-day shipping from Amazon in late April sent TGT shares tumbling, and they haven't recovered yet. Tariff concerns likely are weighing on TGT stock as well, given the company doesn't have quite the same scale as WMT and that Target already is spending heavily on its omnichannel initiatives.That spend is a key reason why I've remained skeptical toward TGT stock … and it leaves the company with little room for error on Wednesday morning. If Walmart, which is relentless in its focus, is raising prices, Target may have to do the same.But those higher prices may push consumers away, hitting the traffic growth the company needs to leverage its rising operating expenses. It makes Target somewhat of a microcosm for the fears about tariff impacts more generally. And it makes the reaction to Target earnings a potential sign of what might be to come for U.S. stocks.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.
Lowe's: What to Expect from Its Q1 Earnings(Continued from Prior Part)First-quarter expectationsAnalysts expect Lowe’s Companies (LOW) to post revenues of $17.68 billion—a rise of 1.8% compared to $17.36 billion in the first quarter of 2018.
Lowe's: What to Expect from Its Q1 EarningsStock performanceLowe’s Companies (LOW) is scheduled to release its first-quarter earnings before the market opens on May 22. As of May 16, Lowe’s was trading at $108.59—a rise of 3.4% since the
Today we'll evaluate Lowe's Companies, Inc. (NYSE:LOW) to determine whether it could have potential as an investment...
Let's see if investors should think about buying Home Depot stock before it reports its first-quarter 2019 financial results on Tuesday, May 21.
LendingTree Chief Economist Tendayi Kapfidze talked to Yahoo Finance On the Move about the latest housing starts results.
Lowe's (LOW) customer-centric approach as well as robust marketing and merchandising efforts bode well. These may favorably impact first-quarter results.
The key to any home renovation project is to first identify your goals, according to "Good Bones" stars Karen Laine and Mina Starsiak.
Payment network Flexa has an app called Spedn that lets you use cryptocurrency to shop at stores. Flexa co-founder and CEO Tyler Spalding talked to Yahoo Finance’s On the Move about the app.
Lowe's (LOW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MOORESVILLE, N.C. , May 15, 2019 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) first quarter 2019 earnings press release, you are invited to listen to its conference call to ...
Lowe's Companies Inc NYSE:LOWView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LOW totaled $5.18 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording 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. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. LOW credit default swap spreads are rising towards 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 email@example.com.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.
Tyler Winklevoss announced Monday that retailers including Amazon.com Inc.'s Whole Foods Market, Nordstrom Inc. , and Barnes & Noble Inc. are among the retailers now accepting cryptocurrency. The new payment system comes via a partnership between Flexa, a global cryptocurrency network, and Gemini, which is co-founded by the Winklevoss twins. Gemini dollars will now be accepted using the same payment hardware currently in stores, according to a post on Medium from Tyler Winklevoss, co-chief executive of Gemini, with payment received in fiat currency. Other stores using the new crypto payments include Bed Bath & Beyond Inc. , Lowe's Cos. and Ulta Beauty Inc. .
Home Depot and Lowe’s stock were falling along with much of the rest of the market, and Credit Suisse warns that investors shouldn’t bank too much on the home-improvement retailers’ upcoming earnings reports.
Lowe’s stock was lower on Friday, after one bull lowered his expectations for the forthcoming first-quarter earnings report, citing “well telegraphed squishy” comparable-sales and profit figures.
RBC Capital Markets analyst Scot Ciccarelli warns that investors shouldn’t give up on the home-improvement retailers—but should be prepared to lower their expectations, at least in the near term.
Yahoo Finance's Adam Shapiro, Julie Hyman, and Andy Serwer join Interactive Brokers Chief Strategist Steve Sosnick and LendingTree Chief Economist Tendayi Kapfidze to discuss.