Lowe’s Companies, Inc. (NYSE:LOW) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 21st. Analysts expect Lowe’s Companies to post earnings of $1.04 per share for the quarter. Lowe’s Companies has set its FY18 guidance at $4.20-4.30 EPS.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 23rd. The home improvement retailer reported $1.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.05). The business had revenue of $19.50 billion during the quarter, compared to analysts’ expectations of $19.58 billion. Lowe’s Companies had a return on equity of 62.02% and a net margin of 4.51%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.37 EPS. On average, analysts expect Lowe’s Companies to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Lowe’s Companies, Inc. (LOW) opened at $77.53 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 1.03 and a debt-to-equity ratio of 2.85. The stock has a market cap of $64,570.00, a P/E ratio of 17.85, a P/E/G ratio of 1.26 and a beta of 1.13. Lowe’s Companies, Inc. has a 1-year low of $65.12 and a 1-year high of $86.25.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 7th. Investors of record on Wednesday, January 24th will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Tuesday, January 23rd. Lowe’s Companies’s payout ratio is 46.20%.

In other Lowe’s Companies news, insider Paul D. Ramsay sold 2,098 shares of the business’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $78.02, for a total transaction of $163,685.96. Following the transaction, the insider now owns 8,400 shares in the company, valued at $655,368. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Matthew V. Hollifield sold 7,853 shares of the business’s stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $78.30, for a total transaction of $614,889.90. Following the transaction, the senior vice president now owns 30,750 shares in the company, valued at approximately $2,407,725. The disclosure for this sale can be found here. Insiders own 0.11% of the company’s stock.

LOW has been the topic of several analyst reports. BMO Capital Markets reaffirmed a “buy” rating and set a $89.00 price target on shares of Lowe’s Companies in a report on Thursday, July 20th. Zacks Investment Research raised shares of Lowe’s Companies from a “sell” rating to a “hold” rating in a report on Monday, September 11th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $83.00 price target (down previously from $89.00) on shares of Lowe’s Companies in a report on Thursday, August 24th. Longbow Research reaffirmed a “buy” rating and set a $95.00 price target on shares of Lowe’s Companies in a report on Monday, August 14th. Finally, Morgan Stanley lowered their price target on shares of Lowe’s Companies from $88.00 to $81.00 and set an “overweight” rating on the stock in a report on Thursday, August 24th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Lowe’s Companies has a consensus rating of “Hold” and a consensus target price of $85.62.

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Lowe’s Companies Company Profile

Lowe’s Companies, Inc (Lowe’s) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens.

Earnings History for Lowe`s Companies (NYSE:LOW)

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