Lowes Companies, Inc.s in-depth stock price analysis indicates that the stock price has rallied 6.72% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -3.81% . Looking at the past 52 week period, the stock price is up at 14.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Lowes Companies, Inc. has a negative value of -6.11 compared to overall market performance. Lowes Companies, Inc. (NYSE:LOW) has climbed 0.93% in the past week and advanced 2.52% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.11% and the outperformance has advanced to 0.69% for the last 4 weeks period.
Lowes Companies, Inc. (NYSE:LOW) : On Friday heightened volatility was witnessed in Lowes Companies, Inc. (NYSE:LOW) which led to swings in the share price. The stock opened for trading at $73.42 and hit $74.04 on the upside , eventually ending the session at $73.97, with a gain of 0.6% or 0.44 points. The heightened volatility saw the trading volume jump to 3,661,291 shares. The 52-week high of the share price is $83.65 and the company has a market cap of $64,343 million. The 52-week low of the share price is at $62.68 .
Lowe's Companies Last issued its quarterly earnings results on Nov 16, 2016. The company reported $0.88 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $0.97. The company had revenue of $15739.00 million for the quarter, compared to analysts expectations of $15830.42 million. The companys revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Lowe's Companies was Initiated by Bernstein on Feb 6, 2017 to Underperform, Price Target of the shares are set at $66.Lowe's Companies was Downgraded by Citigroup to Neutral on Dec 19, 2016. Company shares were Reiterated by RBC Capital Mkts on Dec 8, 2016 to Outperform, Raises Price Target to $ 83 from a previous price target of $75 .Company shares were Reiterated by Telsey Advisory Group on Dec 8, 2016 to Market Perform, Raises Price Target to $ 80 from a previous price target of $75 .Lowe's Companies was Downgraded by Telsey Advisory Group on Nov 17, 2016 to Market Perform, Lowers Price Target to $ 75 from a previous price target of $88 .
Company has reported several Insider transactions to the SEC, on Dec 12, 2016, Ricky D Damron (Chief Operating Officer) sold 17,225 shares at 74.83 per share price.On Dec 2, 2016, Matthew V Hollifield (SVP Chief Accounting Officer) sold 2,609 shares at 70.29 per share price.On Nov 30, 2016, Marshall A Croom (Chief Risk Officer) sold 6,300 shares at 71.52 per share price.
Lowes Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowes specializes in offering products and services for home improvement, home decor, home maintenance, home repair and remodeling and maintenance of commercial buildings. Lowes principal customer groups are do-it-yourself retail customers and commercial business customers.