LOW - Lowe's Companies, Inc.
| Previous Close | 98.62 |
| Open | 98.99 |
| Bid | 97.94 x 1400 |
| Ask | 100.00 x 900 |
| Day's Range | 98.50 - 99.99 |
| 52 Week Range | 84.75 - 118.23 |
| Volume | 4,437,205 |
| Avg. Volume | 4,960,466 |
| Market Cap | 78.002B |
| Beta (3Y Monthly) | 1.58 |
| PE Ratio (TTM) | 33.86 |
| EPS (TTM) | 2.94 |
| Earnings Date | Aug 21, 2019 |
| Forward Dividend & Yield | 2.20 (2.36%) |
| Ex-Dividend Date | 2019-07-23 |
| 1y Target Est | 113.86 |
- Yahoo Finance Video•6 days ago
Why house flipping rates could signal a big problem ahead for the market
House flipping rates reached a nine-year high in the first quarter of the year, making up just over 7% of all homes sold nationwide, according to real estate firm Attom Data. Yahoo Finance's Seana Smith and Attom Data Solutions chief product officer Todd Teta discuss.
- TipRanks•22 hours ago
Is it Time to Buy Home Depot?
The leader in the professional and DIY home renovation and repair supply niches, Home Depot, Inc. (HD), has long been considered a steady, reliable stock. In today’s market environment – with President Trump’s aggressive trade policy and the opposition Democratic Party’s increasingly anti-business and anti-wealth policy stance – those are the very traits that may make HD an ever more attractive stock.The share price has, long-term, reflected that reliability. In the last five years, it has showed a slow and steady increase, capped by a 12% gain in recent weeks after last month’s market sell-off. The Underlying StrengthsHome Depot is the largest home improvement retailer in the US, with over $108 billion in annual revenue (nearly 50% more than its closest rival, Lowe’s [LOW]). HD is widely recognized as a leader in the contract supply industry, and in recent months, the company has seen a steep increase in its tool rental business – a segment directly primarily at professional builders. According to company CEO Craig Menear, “We know 90% of pros rent tools, but several years ago, only about one out of 10 pros rented from us. Today, that number has improved to one out of four, yet there remains opportunity for further growth as we continue to invest in our tool rental experience.”Increase in tool rental helped push the company’s Q1 results to a 5.7% increase in net sales year-over-year (at $26.4 billion for the quarter), and 9.1% year-over-year increase in EPS (to $2.27). Net sales were in-line with expectations, while the EPS was a significant 4% beat of the forecast. A miss in same-store comparable sales was attributed to unusually wet weather nationwide during the quarter, which put a damper on construction activities.Financial blogger Luke Longo (Track Record & Ratings) finds additional reason for optimism in the current state of the employment and housing sectors. Specifically, he sees “record low unemployment, a healthy job participation rate, and decade-high wage growth” interacting with lower mortgage rates to create “support for a healthy housing market.” As long as these factors remain, he says, “Home Depot will continue to report solid numbers, and HD stock will trend higher.” Looking ForwardWhile HD’s management sees a solid foundation for the company now, they are preparing for the future. The company is confident enough to issue additional debt, locking in low rates in an effort to keep its large debt total affordable. While a somewhat risky move, it drew approval from five-star Guggenheim analyst Steven Forbes (Track Record & Ratings), who said, “HD raised $400 million more than we assumed, providing the company with greater near-term financial flexibility."Forbes went on to comment about the company’s overall state and performance potential: “With no change to our interest expense outlook, we are maintaining our 2019 EPS estimate of $10.12 while reiterating our BUY rating and $215 price target. Bottom line, we continue to envision share price outperformance as we move through 2019 driven mainly by our conviction in HD's "Core" expense (business-as-usual) leverage…” His $215 price target suggests a modest 4.5% upside to the stock.Also taking an upbeat line on HD is Stifel’s John Baugh (Track Record & Ratings). He agrees with the company on the overall business landscape, pointing out that a combination of weather and deflation artificially depressed same-store comps during Q1. For prospects going forward, Baugh says, “Management is optimistic on the macroeconomic environment and does not see any impact from SALT (state and local tax deduction changes), home price appreciation slowing, or weak housing turnover.” In other words, no matter what happens, people still need to maintain their homes. Baugh raised his price target on HD by 5%, to $210. At the time he set that target, on May 22, it indicated a potential 22% upside. The Bottom LineHome Depot offers investors a firm business model in a niche that customers will always need. The company has a growing professional customer base, and a comfortable lead over its competition. The situation is neatly summed up by another financial blogger, Matthew Cochrane (Track Record & Ratings), who writes, “When one takes a longer view, though, it becomes clear that this home-improvement retail giant is on the correct side of several trends and has made the right investments to stay on top of potential e-commerce competitive threats as well as its primary rival, Lowe's Companies.”A look at HD’s analyst consensus confirms the general view: the stock has a ‘Moderate Buy’ ratings, based on 10 buys and 4 holds assigned over the past three months. The average price target, $207, suggests a 1% upside to the current share price of $205. Given the company’s solid quarterly results, expect that upside to adjust slightly higher in coming weeks.View HD Price Target & Analyst Ratings Detail
- TipRanks•yesterday
5 Top Stocks to Protect Your Portfolio
The voices are growing louder that the US economy is starting to sputter. From Morgan Stanley, stock strategist Michael Wilson said last month, “Recent data points suggest US earnings and economic risk is greater than most investors may think,” and the May jobs report, released on June 7, backed him up. The numbers were grim, with only 75,000 new jobs reported for the month, and the previous two months revised down by an equal amount. Other data has shown a slowdown in the services sector, and a nine-year low in manufacturing activity.The data is starting to point towards trouble, but the real problem with protecting your portfolio in a downturn lies in the lagging definition of a recession: two consecutive quarters of negative economic growth. Given that growth data is typically reported one month after the fact, this means that investors will always be 4 to 7 months late in taking protective measures. So, let’s be proactive about this, and take a look at TipRanks’ database to find some reliable stocks for defensive investing. These are not necessarily “classic” defensive stocks; rather, these companies have shown by recent performance that they can deliver profits even in a downturn. Apple, Inc. (AAPL)First on our list today is Apple, partly because these days it seems you just can’t build a portfolio without a tech giant but mostly because Apple has proven both its long-term reliability and its short-term resiliency. For the long term, Apple is up 130% in the last five years, while in the short haul the company recovered well from the Q4 2018 downturn and has already made up more than half the losses from last month’s market swoon.More importantly, Apple has also shown that it can adapt and change. Steve Jobs’ unique vision underlay his company’s growth in the early 2000s, and his death in 2011 prompted fears that his successor, Tim Cook, would not fill his shoes and the company would stagnate. It is fair to say that events of the past three quarters have laid that fear to rest. While Cook is not Jobs, he hasn’t needed to be – he took over a mature company with established niches and a growing customer base. He has shown himself fully capable of meeting the challenges the market has posed.Cook met last year’s market dip head-on. He admitted that Apple’s core iPhone sales were not going to fully recover, and orchestrated a plan to meet the changing conditions by shifting the sales focus to Services, reconciling iPhone to a longer replacement cycle, and promoting the iPad, iMac, and Macbook lines. Under all of this, helping to ensure success, is the near-billion strong loyal customer base that the company has built over the past decade.So, Apple has the solid foundation that every defensive stock needs. Looking forward, the company made a favorable impression on market analysts earlier this month at the Worldwide Developers Conference. Kathryn Huberty (Track Record & Ratings) of Morgan Stanley said after Apple’s presentation, “After (Monday’s) announcements, we believe Apple Watch and Mac will more meaningfully contribute to App Store growth, while further solidifying Apple as the most attractive platform for app developers.” Noting the company’s commitment to increasing its Services sector, she added, “Apple's top growth opportunity is driving increased user engagement with apps.” Huberty gives Apple a buy rating with a $231 price target, seeing an upside of 19%.Piper Jaffray’s Michael Olson (Track Record & Ratings) also gives Apple high ratings. Peering into the future of iPhone, he notes that 20% of current owners are interested in upgrading to 5G, and says, “Interest in 5G will only grow from here, so this is a favorable early sign that 5G is viewed as a key feature… we believe that as long as services revenue continues to perform well, it will tide many investors over until anticipation for 5G iPhones intensifies.” His price target on AAPL, $230, also suggests an 19% upside.The analyst consensus on AAPL shares is a ‘Moderate Buy,’ based on 19 buy ratings, 16 holds, 2 sells given over the last three months. Shares are trading at $192, so the $212 average price target indicates an upside of 10%.View AAPL Price Target & Analyst Ratings Detail Johnson & Johnson (JNJ)This one is a traditional defensive stock, and it has a reputation for being a bit staid, but don’t let that fool you: Johnson & Johnson offers real value, consistently delivering on both dividend and long-term equity growth. Both are markers of a strong defensive play.The company’s current dividend yield is 2.72%, which may seem small, but at current share prices it equates to an annual payout of $3.80. Better than the actual dividend payment, however, is JNJ’s dividend history. The company has been paying, and steadily increasing, its dividend since the early 1970s. This policy of consistently rewarding shareholders provides a steady source of income for investors, and also encourages them to reinvest that income in the company. It’s a win-win policy.As a long-term investment, JNJ has, like Apple, proven its worth. The stock has gained 56% in the last 5 years, and shows a 9% gain over the past 12 months. And also like Apple, JNJ has proven resilient in the face of adversity: last December, the stock took a hard hit from bad press related to the widely reported talcum powder recall, but has since regained most of that loss. In another example of corporate resiliency, JNJ was recently given a buy rating with a $157 price target by five-star analyst Joanne Wuensch (Track Record & Ratings) of BMO Capital, after she reviewed the status of current legal action the company faced in the state of Oklahoma in regard to the opioid abuse epidemic. Wuensch notes that the case will likely be resolved quickly, and points out, “Litigation is a common occurrence in the health care sector that takes significant time to resolve, and often headlines are worse than reality.” Her price target indicates confidence in the stock, and a 12% upside.Johnson & Johnson’s success rests on two separate bases. The first, and most widely recognized, is the company’s array of popular consumer brands. JNJ is the producer of Band-Aids, Listerine, and Tylenol, to name just a few. Consumer products provide a respectable 16.7% of annual revenue (nearly $14 billion), but the real money for JNJ lies in pharmaceuticals. To put it in perspective, two drugs – Remicade and Simponi – account for 11.3% of the company’s total revenues, two-thirds as much as all of the consumer products.Unlike many large-scale drug producers, Johnson & Johnson is not deeply exposed to payment issues with the Medicare and Medicaid systems. This is important for investors, as both programs have reputations for underpaying, and with an election year coming up both programs are likely to become political footballs as candidates promise ever more benefits. This is a key point noted by Terence Flynn (Track Record & Ratings). Writing for Goldman Sachs, Flynn says, “The company has the lowest exposure to Medicare/Medicaid within the group. As a result, the stock will be less impacted by potential drug pricing headlines/policy proposals ahead of the 2020 presidential election.” Flynn sets a price target of $163 for JNJ, suggesting an upside of 16%.JNJ’s consensus rating of ‘Moderate Buy’ is derived from 7 buy and 5 hold reviews. The stock’s $149 average price target and $140 share price equate to an upside potential of 7%.View JNJ Price Target & Analyst Ratings Detail McDonald’s Corporation (MCD)Fast food burgers might not come immediately to mind when you hear the phrase ‘Return on Investment,’ but McDonald’s has been delivering more than just quick eats. The company has gained an impressive 16% so far this year, rising from $176 on January 2 to a closing price of $205 on June 14. Even more impressive, between May 3 and June 3, while the S&P 500 was slipping 6.8%, MCD shares were gaining 1.2%.It’s all part of a steady-growth story going back to May of 2015, when current CEO Steve Easterbrook took over. McD’s had just posted its first sales decline in more than a decade, and the new chief’s mandate was simple: refresh a stale brand. His ‘Turnaround Plan’ got the company back to basics, emphasizing fresher, higher quality ingredients; a streamlined menu; and physical rebuilding efforts in the company’s aging franchise locations. Through it all, McDonald’s has maintained its high dividend; the payout is now $4.64 annually, for a yield of 2.26%.The market’s analysts agree that MCD is on a stable upward path. Writing at BTIG, Peter Saleh (Track Record & Ratings) says, “The company's menu strategy shift has boosted comps. Expect the increased menu focus on bundles and full price items – and away from deep discounts - to drive higher U.S. average check for the next couple of quarters.” Saleh boosted his price target to $220 on MCD, suggesting an upside of 7%.Saleh’s not alone. Weighing in from Merrill Lynch last week, Gregory Francfort (Track Record & Ratings) sees “2Q-4Q same-store sales (including 3.9%-4.2% for the U.S.) looking conservative with more upside potential than downside risk.” Like Saleh, he gives MCD a $220 price target.Overall, MCD has a ‘Moderate Buy’ consensus based on 19 analyst ratings given in the last three months, including 14 buys and 5 holds. The stock sells for $205 as of June 14, and the average price target of $216 indicates an upside potential of 5.5%.View MCD Price Target & Analyst Ratings Detail Lowe’s Companies, Inc. (LOW)If the US economy does turn down to recession, Lowe’s is in an excellent position to take advantage of the changed conditions. The do-it-yourself home improvement supplier operates on the big-box model, using bulk to offer discounts on the products and services that, in bad times, homeowners are more likely to handle as DIY.This puts Lowe’s strength as a defensive play is in its niche – the stores offer products that most people need, at discounts that grow more attractive in a downturn. Home maintenance won’t stop for a recession, and DIY really is a good way to save money. In addition, Lowe’s has maintained its lucrative contractor business.And now we get to the weakness in this stock. Lowe’s is the second largest home improvement superstore, after Home Depot (HD), and the company is having trouble boosting revenues and earnings against its larger competition. LOW shares have been on a roller coaster ride for the last 18 months, although they are up nearly 8% year-to-date. On an operational level, Lowe’s has had difficulty executing online sales strategy and home delivery, and managing inventory control. Both are putting serious drag on the bottom line, and holding down revenue growth.Pushing back is CEO Marvin Ellison, who took over in July of last year. He has marked both online sales and inventory control as key parts of a turnaround effort to improve the company’s sales and revenue growth. Early assessments of Ellison’s success are guardedly optimistic; LOW did beat sales and revenue expectations in its most recent quarterly report, although EPS missed by 8%. As Keith Hughes (Track Record & Ratings), of SunTrust Robinson points out, “The recovery will not be a "quick story", even though we are positive on the re-set of expectations and maintain that the 10% projected earnings growth this year still tops Home Depot's (HD) expected flat growth.” Hughes sets a $120 price target on LOW, suggesting an upside of 20%.UBS analyst Michael Lasser (Track Record & Ratings) also sets a buy rating on LOW, with an upbeat $115 target and 15% upside. He writes, “The risk-reward ration on the stock is attractive.”On consensus, Lowe’s keeps a ‘Strong Buy’ rating, based on the 14 buys and 4 holds given in the past three months. While the company faces headwinds, it holds a strong position in a valuable niche, and is widely perceived as facing its difficulties effectively. Of the stocks in this article, LOW offers the best upside potential, at 16%, based on the $99 share price and $115 average price target.View LOW Price Target & Analyst Ratings Detail Walmart, Inc. (WMT)Like Lowe’s, Walmart gains its defensive-stock status from its business model. The king of brick-and-mortar retailers offers discount customers the ultimate in one-stop shopping, putting everything that consumers could want or need under one roof, from baby diapers to daily groceries to minor car repairs. Really, there’s nothing you can’t get at Walmart and that fact has made it the world’s largest company by revenue and the world’s largest private employer.Walmart’s biggest competition comes from Amazon.com (AMZN), but it is more of a whale and elephant story than a cage match. Each company is dominant in its own domain, and each has faced challenges trying to expand on the other’s territory. Walmart may have found a way to leverage its existing stores for an online advantage – rather than offer home delivery (an area in which Amazon already excels), Walmart offers online purchasers an option to pick up their merchandise at the nearest Walmart location. This is a viable alternative, since according to some estimates everyone in the US lives within 10 miles of a Walmart store.As a defensive play, Walmart’s greatest advantage is the pedestrian nature of its business. Everyone needs the products they offer, and in hard times, Walmart’s famously low prices will simply look more attractive. Writing after WMT reported FY20 Q1 earnings, Raymond James’ Budd Bugatch (Track Record & Ratings) said, “Investors should be most encouraged by the U.S. segment, which showed a 5.5 percent year-over-year increase in operating income to $4.1 billion. The business saw strength from a favorable sales mix while e-commerce margins came in better than management's own expectations.” While he believes the company is on firm footing, his price target, at $110, suggests only a modest 1% upside.Guggenheim’s Robert Drbul (Track Record & Ratings) sums up Walmart’s case quite well in his recent research note: “We believe the business remains quite healthy, with solid physical/digital results in recent quarters… We continue to believe WMT’s resources uniquely position it to successfully evolve in an ever-changing retail environment. While trade concerns/tariffs may create quarter-to-quarter fluctuations, we believe the management team will astutely navigate any changes.” Drbul maintained a $115, which indicates a 5.5% upside from current levels.On average, WMT shares have a price target of $113, which gives an upside of 4.5% from the share price of $109. The analyst consensus of ‘Moderate Buy’ is based on 8 buys, 2 holds, and 1 sell set in the last three months.View WMT Price Target & Analyst Ratings DetailYou can learn more about these stocks using TipRanks Stock Comparison tool. This is a powerful new tool that shows all the data on multiple stocks. See for yourself how the Comparison Tool works, by using it to look at the stocks in this article.Disclosure: This author holds a long position in Apple, Inc.
- Markit•2 days ago
See what the IHS Markit Score report has to say about Lowe's Companies Inc.
Lowe's Companies Inc NYSE:LOWView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for LOW with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold LOW had net inflows of $6.11 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. LOW credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.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.
- Moody's•4 days ago
Synchrony Card Issuance Trust, SynchronySeries Class A (2019-2) -- Moody's assigns provisional ratings to Synchrony Card Issuance Trust, SynchronySeries Class A(2019-2) Notes
Moody's Investors Service ("Moody's") has assigned a provisional (P)Aaa (sf) rating to the SynchronySeries Class A (2019-2) Notes to be issued by Synchrony Card Issuance Trust, sponsored by Synchrony Bank. The ratings are based on the counterparty risk assessment (CR Assessment), private monitored rating or low volatility credit estimate, as applicable, of the sponsor, which we use to assess the likelihood of the sponsor becoming insolvent and shutting down its credit card portfolio, the quality of the underlying credit card receivables, the transaction's structural protections, the expertise of Synchrony Bank, as servicer, and the credit enhancement from subordinate notes and the Subordinated Transferor Amount. Assets of the trust consist of private label and co-branded credit card receivables generated on accounts originated and underwritten by Synchrony Bank.
- Financial Times•4 days ago
Nelson Peltz’s Trian takes 6% stake in London-listed Ferguson
Trian, the hedge fund run by veteran activist investor Nelson Peltz, has taken a 6 per cent stake in Ferguson, indicating it would attempt to drive up returns at the FTSE 100 plumbing and heating equipment supplier. Shares in Ferguson jumped as much as 11 per cent on Thursday before closing up 6 per cent at £56.30, their highest level since last October, giving the company a market capitalisation of around £13bn.
- Motley Fool•5 days ago
Lowe's Is Still a Fixer-Upper
Lowe's latest quarter illustrates how far it still has to go before catching Home Depot in key areas.
- GuruFocus.com•6 days ago
Christopher Browne: 16 Questions
How to get softer-side information from candidate companies
- PR Newswire•6 days ago
Lowe's to Webcast Presentation from the Oppenheimer 19ᵗʰ Annual Consumer Growth & E-Commerce Conference
MOORESVILLE, N.C. , June 11, 2019 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison , president and chief executive officer, and David M. Denton , chief financial officer, ...
- InvestorPlace•7 days ago
3 Stocks That Can’t Escape the Bears’ Crosshairs
With stocks flying high on the heels of a Mexico-U.S. trade deal, bullish picks are likely multiplying across the web. But we're going to take the road less traveled with today's gallery by focusing on stocks to sell. The reasons are simple.First, active traders who desire to increase their quantity of trades must of necessity play the bullish and bearish side of the market. Otherwise, you end up with way too much exposure creating large fluctuations in your account value. Just think about someone who was swinging 15 bearish trades and no bullish ones last week when the market rallied five-days in a row. Ouch! By diversifying strategies you can trade more but have less risk.Second, last week's runup may have turned some trends higher but many remain bearish. The rally simply returned them to resistance creating compelling short setups.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 A-Rated Stocks to Buy Under $10 Let's take a closer look at three stocks to sell. Canopy Growth Corp (CGC) Click to Enlarge Source: ThinkorSwim Pot stocks lost their mojo last month, and Canopy Growth (NYSE:CGC) wasn't immune to the fall. CGC fell below its 200-day moving average for the first time in six months. Its descent has been long enough to reverse the 20-day and 50-day moving averages lower. Last week's rebound returned CGC stock to potential resistance, setting up a classic swing sell pattern.The only question is whether it will trigger. This morning's 3.7% rally is extending last week's gains, so I suggest waiting until the stock breaks a prior day's low before deploying bear trades.For now, I like using today's low of $42.61 as the trigger. If we take it out, then consider buying Aug $45 puts. A break above $46 would cause me to change my tune. Lyft (LYFT) Click to Enlarge Source: ThinkorSwim The Uber (NYSE:UBER) IPO breathed new life into LYFT (NASDAQ:LYFT) shares last month. Since bottoming at $47.17, LYFT stock has rebounded 27%. And while I'm open to the possibility of continued strength in the stock, overhead resistance at $63 has me eyeing a bearish trade here.The risk, if wrong, is minimal. And the potential reward is substantial if LYFT rolls over. For the first target, you can use the closest support pivot at $54. After that, $50 comes into play. Consider using a break of Friday's low at $59.21 as your trigger. * 10 Stocks to Buy That Could Be Takeover Targets For strategy selection, I like the Oct $60/$50 bear put spread, which currently costs $5.30. Lowes (LOW) Click to Enlarge Source: ThinkorSwim Out of today's selection of stocks to sell, Lowe's (NYSE:LOW) has the cleanest swing sell setup. Its share price was slammed after disappointing the Street with last month's earnings announcement. The high volume swoon carried LOW stock to a fresh three-month low. Since then, we've seen an oversold bounce returning LOW to a horizontal resistance zone and its descending 20-day moving average.While the rebound may continue for a day or two yet, this price zone is an area to watch closely for sellers to emerge. For now, use Friday's low ($96.70) as the trigger for bearish plays.The Oct $95/$90 bear put spread costs $1.80 and offers a low risk way to capitalize on the next downswing.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy As They Hit 52-Week Lows * 4 Antitrust Tech Stocks to Keep an Eye On * 5 Gold and Silver Stocks Touching Intraday Highs Compare Brokers The post 3 Stocks That Can't Escape the Bears' Crosshairs appeared first on InvestorPlace.
- American City Business Journals•7 days ago
THE LIST: A look at Charlotte's top-earning public companies
The most recent Charlotte Business Journal lists the area’s largest non-financial public companies, ranked two ways.
- Moody's•10 days ago
Lowe's Companies Canada, ULC -- Moody's assigns P-2 to Lowe's new commercial paper program, affirms Baa1 senior unsecured rating
Moody's Investors Service today assigned a Prime-2 rating to Lowe's Companies, Inc.'s ("Lowes") proposed new short-term commercial paper program. In addition, Moody's affirmed Lowe's Baa1 rated senior unsecured ratings.
- Market Realist•10 days ago
Analysts Expect Lowe’s to Outperform Home Depot’s EPS Growth
Home Depot or Lowe’s: Which Stock Looks Stronger Right Now?(Continued from Prior Part)Management’s guidanceLowe’s management expects its revenues to rise by 2.0% in 2019 with SSSG (same-store sales growth) of 3.0%. Management also expects its
- Insider Monkey•11 days ago
Here is What Hedge Funds Think About Lowe’s Companies, Inc. (LOW)
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
- Market Realist•11 days ago
Home Depot Beat Lowe’s EPS Growth in First Quarter
Home Depot or Lowe’s: Which Stock Looks Stronger Right Now?(Continued from Prior Part)Home Depot’s EPS growthHome Depot (HD) posted adjusted EPS of $2.27 in the first quarter of 2019, which represents a rise of 9.1% from $2.08 in the
- American City Business Journals•13 days ago
Lowe’s partners with USO, other vet programs to ease transition to civilian life
Lowe’s Cos. Inc. is partnering with a trio of national veterans services designed to make U.S. military personnel’s transition to civilian life easier.
- Motley Fool•13 days ago
Home Depot and Lowe's: A Tale of Two Cities
The DIY titans’ recent quarters revealed starkly different fortunes.
- Thomson Reuters StreetEvents•13 days ago
Edited Transcript of LOW earnings conference call or presentation 22-May-19 1:00pm GMT
Q1 2019 Lowe's Companies Inc Earnings Call
- Simply Wall St.•13 days ago
Is Lowe's Companies, Inc.'s (NYSE:LOW) ROE Of 73% Impressive?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Bloomberg•13 days ago
Australia Cuts Key Rate to Record Low, Ending Near 3-Year Pause
Reserve Bank Governor Philip Lowe made his first adjustment to the cash rate since taking the helm in September 2016, cutting by a quarter-point to 1.25% Tuesday as expected by money markets and economists. “Today’s decision to lower the cash rate will help make further inroads into the spare capacity in the economy,” Lowe said in his post-meeting statement. “It will assist with faster progress in reducing unemployment and achieve more assured progress towards the inflation target.” The governor didn’t provide any new forward guidance.
CNW Group•14 days agoLowe's Canada and its banners present $1,125,000 to Children's Miracle Network and Opération Enfant Soleil
BOUCHERVILLE, QC , June 3, 2019 /CNW Telbec/ - Lowe's Canada, one of Canada's leading home improvement retailers, is proud to present $1,125,000 to Children's Miracle Network and Opération Enfant Soleil following a successful second fundraising campaign. From March 24 to April 30 , Lowe's, RONA, Reno-Depot, and Ace Canada corporate stores and participating affiliated dealer stores collected donations from their customers to support 14 children's hospitals across the country.
- American City Business Journals•17 days ago
Lowe's CEO talks vision for home-improvement retailer at annual meeting after Q1 earnings letdown
At Lowe's Cos. Inc.'s annual shareholder meeting Friday, president and CEO Marvin Ellison projected a confident vision for the home-improvement retailer's future in lieu of a first-quarter earnings letdown. Others at the meeting raised questions about the company's supply chain.
- PR Newswire•17 days ago
Lowe's Holds Annual Meeting Of Shareholders
-- Board of Directors Declares 15 Percent Increase in Quarterly Cash Dividend -- -- All Company Proposals Pass with Shareholder Support -- CHARLOTTE, N.C. , May 31, 2019 /PRNewswire/ -- At its annual meeting ...
