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LOW

Lowe's Companies NYSE:LOW Stock Report

Last Price

US$190.46

Market Cap

US$118.2b

7D

1.2%

1Y

-6.1%

Updated

29 Sep, 2022

Data

Company Financials +
LOW fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
Dividends5/6

LOW Stock Overview

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally.

Lowe's Companies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lowe's Companies
Historical stock prices
Current Share PriceUS$190.46
52 Week HighUS$263.31
52 Week LowUS$170.12
Beta1.21
1 Month Change-3.43%
3 Month Change7.39%
1 Year Change-6.11%
3 Year Change79.05%
5 Year Change131.53%
Change since IPO20,736.80%

Recent News & Updates

Sep 26
Does Lowe's Companies (NYSE:LOW) Deserve A Spot On Your Watchlist?

Does Lowe's Companies (NYSE:LOW) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Sep 06

Lowe's announces $4.75B note offering

Lowe's (NYSE:LOW) said Tuesday it will sell $1B of 4.4% notes due 2025, $1.25B of 5% notes due 2033, $1.5B of 5.625% notes due 2053 and $1B of 5.8% notes due 2062. Net proceeds will be used for general corporate purposes. The offering is expected to close on Sept. 8.

Aug 28
Should You Investigate Lowe's Companies, Inc. (NYSE:LOW) At US$201?

Should You Investigate Lowe's Companies, Inc. (NYSE:LOW) At US$201?

Today we're going to take a look at the well-established Lowe's Companies, Inc. ( NYSE:LOW ). The company's stock saw a...

Aug 26

Pershing Square - Lowe's: An Attractive Long-Term Earnings Outlook

Summary COVID-19 was a transformational event for the US housing market which significantly benefited Lowe’s same-store sales. Lowe’s is likely to generate a strong level of earnings growth over a multi-year period even if the industry and macroeconomic environment is weaker. We believe the current valuation is highly attractive and anticipate LOW stock will generate high rates of returns. The following segment was excerpted from this fund letter. Lowe`s Companies Inc. (LOW) Lowe’s is a high-quality business with significant long-term earnings growth potential underpinned by a superb management team that is successfully executing a multi-faceted business transformation. COVID-19 was a transformational event for the US housing market, causing homeowners to invest significantly in their homes as they shifted nearly all their daily activities to the home environment, including work, school, and leisure. The increased use of the home during COVID, in turn, increased the need for repair, maintenance and remodel activity, which significantly benefited Lowe’s same-store sales. As consumers return to spending more time and money on out-of-the home activities the near-term demand for certain Do-It-Yourself (“DIY”) categories has decreased. Moderation in DIY demand combined with increased mortgage rates and decreased housing affordability has caused many market participants to become concerned that the home improvement industry may give up a significant part of their COVID pandemic sales gains. While we expect that there will be some near-term volatility and continued moderation of DIY demand, growth remains strong for projects requiring professional installation (the “Pro” business) due to a substantial backlog of projects undertaken during COVID, which should support industry growth in the near-term. In addition, we believe the medium-term growth outlook for the home improvement industry remains strong as demand is likely to normalize at a materially higher level as compared to the pre-COVID era. For the decade prior to COVID, home improvement industry sales were notably depressed relative to their long-term averages as a percentage of overall consumer spend and GDP and have only now returned to their longer-term historical levels. Moreover, we believe COVID has permanently renewed consumers’ focus, appreciation, and utilization of their homes, which combined with higher home equity values, strong consumer balance sheets, low levels of home inventory for sale and an aging housing stock that requires an increasing level of maintenance, will likely result in a structurally higher level of ongoing home industry spending in the future. In the most recent quarter demand strengthened throughout the quarter as DIY consumers returned from summer vacations and focused on less seasonal home improvement projects. While we believe the longer-term industry outlook remains strong, Lowe’s is likely to generate a strong level of earnings growth over a multi-year period even if the industry and macroeconomic environment is weaker due to management’s strong execution of the company’s ongoing business transformation. A combination of market share gains (primarily from improving e-commerce execution and improving share of wallet amongst Pro customers) and a multitude of idiosyncratic self-help initiatives (primarily focused on improving in-store labor productivity and reconfiguring Lowe’s for a market based delivery model) are driving Lowe’s transformation. Lowe’s operational transformation is further magnified by its aggressive share repurchase program, which is likely to see the company acquire a high-single-digit percentage of its market capitalization in this year alone. The materiality of Lowe’s Perpetual Productivity Initiative was on full display in their most recent quarter, whereby the company leveraged fixed expenses by 80 basis points, driving 10% earnings-per-share growth notwithstanding flat topline growth. The successful execution of Lowe’s continued business transformation should allow the company to generate accelerated earnings growth for the foreseeable future.

Shareholder Returns

LOWUS Specialty RetailUS Market
7D1.2%-2.8%-3.1%
1Y-6.1%-36.3%-21.5%

Return vs Industry: LOW exceeded the US Specialty Retail industry which returned -35.6% over the past year.

Return vs Market: LOW exceeded the US Market which returned -20.3% over the past year.

Price Volatility

Is LOW's price volatile compared to industry and market?
LOW volatility
LOW Average Weekly Movement4.2%
Specialty Retail Industry Average Movement7.8%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: LOW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: LOW's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1921270,000Marvin Ellisonhttps://www.lowes.com

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It 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, lighting, and electrical.

Lowe's Companies, Inc. Fundamentals Summary

How do Lowe's Companies's earnings and revenue compare to its market cap?
LOW fundamental statistics
Market CapUS$118.22b
Earnings (TTM)US$8.40b
Revenue (TTM)US$95.39b

14.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LOW income statement (TTM)
RevenueUS$95.39b
Cost of RevenueUS$63.60b
Gross ProfitUS$31.80b
Other ExpensesUS$23.40b
EarningsUS$8.40b

Last Reported Earnings

Jul 29, 2022

Next Earnings Date

Nov 16, 2022

Earnings per share (EPS)13.53
Gross Margin33.33%
Net Profit Margin8.80%
Debt/Equity Ratio-335.2%

How did LOW perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

27%

Payout Ratio

Does LOW pay a reliable dividends?

See LOW dividend history and benchmarks
When do you need to buy LOW by to receive an upcoming dividend?
Lowe's Companies dividend dates
Ex Dividend DateOct 18 2022
Dividend Pay DateNov 02 2022
Days until Ex dividend17 days
Days until Dividend pay date32 days

Does LOW pay a reliable dividends?

See LOW dividend history and benchmarks