$1.29 EPS Expected for Lowe's Companies, Inc. (LOW)

May 10, 2018 - By Michael Collier

Lowe's Companies, Inc. (NYSE:LOW) LogoInvestors sentiment decreased to 1.01 in Q4 2017. Its down 0.03, from 1.04 in 2017Q3. It turned negative, as 48 investors sold Lowe's Companies, Inc. shares while 437 reduced holdings. 138 funds opened positions while 351 raised stakes. 585.84 million shares or 0.67% less from 589.78 million shares in 2017Q3 were reported.
1.18 million were reported by Prudential Fincl. Columbia Partners L L C Inv Mngmt, a Maryland-based fund reported 28,933 shares. Amica Retiree Medical Tru has invested 0.41% in Lowe's Companies, Inc. (NYSE:LOW). Prospector Prtn Ltd Liability Company reported 1.45% in Lowe's Companies, Inc. (NYSE:LOW). C M Bidwell & Associate Ltd holds 0% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 35 shares. Georgia-based Zwj Investment Counsel has invested 0.06% in Lowe's Companies, Inc. (NYSE:LOW). 194,211 were reported by South Texas Money Mngmt Ltd. Campbell Newman Asset Management Inc reported 154,835 shares. Community National Bank & Trust Na accumulated 15,018 shares or 0.15% of the stock. 2,219 are owned by Sns Financial Gru Limited Liability. Parthenon Ltd Limited Liability Company holds 0.1% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 4,719 shares. Hudson Bay Cap Mngmt Lp accumulated 81,693 shares. Shine Invest Advisory Svcs Inc holds 207 shares. Beese Fulmer Management accumulated 77,722 shares or 1.55% of the stock. Moreover, Hightower Advsrs has 0.1% invested in Lowe's Companies, Inc. (NYSE:LOW) for 130,203 shares.

Analysts expect Lowe's Companies, Inc. (NYSE:LOW) to report $1.29 EPS on May, 23.They anticipate $0.26 EPS change or 25.24 % from last quarter’s $1.03 EPS. LOW’s profit would be $1.07 billion giving it 16.36 P/E if the $1.29 EPS is correct. After having $0.74 EPS previously, Lowe's Companies, Inc.’s analysts see 74.32 % EPS growth. The stock increased 0.20% or $0.17 during the last trading session, reaching $84.42. About 4.22 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since May 10, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Lowe's Companies, Inc. (NYSE:LOW) Ratings Coverage

Among 23 analysts covering Lowe’s (NYSE:LOW), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. Lowe’s had 38 analyst reports since November 10, 2017 according to SRatingsIntel. The company was maintained on Monday, February 12 by RBC Capital Markets. Atlantic Securities downgraded the shares of LOW in report on Tuesday, November 28 to “Neutral” rating. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, March 2. On Wednesday, November 22 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, November 22. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Credit Suisse on Tuesday, January 16. The company was maintained on Thursday, March 1 by Deutsche Bank. The stock has “Neutral” rating by JP Morgan on Tuesday, March 6. Telsey Advisory maintained the stock with “Buy” rating in Thursday, March 1 report. Guggenheim maintained Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, February 28 with “Buy” rating.

Lowe's Companies, Inc. operates as a home improvement firm in the United States, Canada, and Mexico. The company has market cap of $69.71 billion. It offers a line of products for maintenance, repair, remodeling, and decorating. It has a 20.64 P/E ratio. The firm provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal living, lawn and garden, paint, millwork, flooring, kitchens, outdoor power equipment, and home fashions.

More important recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Fool.com which released: “Where Will Lowe’s Companies, Inc. Be in 5 Years” on May 05, 2018, also Investorplace.com published article titled: “How Home Depot Inc Is Winning With Millennials”, Seekingalpha.com published: “Why General Electric Will Not Fall To The Single Digits” on May 09, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) was released by: Bizjournals.com and their article: “Lowe’s confirmed as tenant at former Owings Mills Mall site” with publication date: April 30, 2018.

Lowe's Companies, Inc. (NYSE:LOW) Institutional Positions Chart

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