Lowe’s Companies (NYSE:LOW) Updates FY 2025 Earnings Guidance

by · The Cerbat Gem

Lowe’s Companies (NYSE:LOW – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 12.150-12.400 for the period, compared to the consensus earnings per share estimate of 12.210. The company issued revenue guidance of $83.5 billion-$84.5 billion, compared to the consensus revenue estimate of $84.3 billion.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. DA Davidson lowered their price target on Lowe’s Companies from $270.00 to $240.00 and set a “neutral” rating for the company in a research note on Thursday. Citigroup reaffirmed a “neutral” rating and set a $253.00 target price (down previously from $269.00) on shares of Lowe’s Companies in a research report on Wednesday, May 14th. Mizuho set a $280.00 target price on Lowe’s Companies and gave the stock an “outperform” rating in a research report on Thursday. Morgan Stanley decreased their target price on Lowe’s Companies from $300.00 to $255.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. Finally, JPMorgan Chase & Co. decreased their target price on Lowe’s Companies from $300.00 to $263.00 and set an “overweight” rating for the company in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $271.52.

Get Our Latest Analysis on LOW

Lowe’s Companies Trading Down 1.6%

Shares of NYSE LOW opened at $223.74 on Friday. The business has a fifty day simple moving average of $224.65 and a 200 day simple moving average of $245.01. The firm has a market capitalization of $125.23 billion, a price-to-earnings ratio of 18.66, a PEG ratio of 1.96 and a beta of 1.00. Lowe’s Companies has a one year low of $206.39 and a one year high of $287.01.

Lowe’s Companies (NYSE:LOW – Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The home improvement retailer reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.04. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The firm had revenue of $20.93 billion for the quarter, compared to analysts’ expectations of $21.09 billion. During the same period in the prior year, the business posted $3.06 earnings per share. The business’s revenue was down 2.0% compared to the same quarter last year. On average, research analysts anticipate that Lowe’s Companies will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend was Wednesday, April 23rd. Lowe’s Companies’s dividend payout ratio (DPR) is 37.67%.

Institutional Trading of Lowe’s Companies

An institutional investor recently raised its position in Lowe’s Companies stock. Brighton Jones LLC raised its stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 119.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,965 shares of the home improvement retailer’s stock after acquiring an additional 17,413 shares during the period. Brighton Jones LLC’s holdings in Lowe’s Companies were worth $7,889,000 as of its most recent SEC filing. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Company Profile

(Get Free Report)

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

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