Media headlines about Lowe’s (NYSE:LOW) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lowe’s earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the home improvement retailer an impact score of 46.0984470601088 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Clermont Lowe’s donates $5K to Eustis Heights Elementary (dailycommercial.com)
- Asheboro man arrested for using over $5300 in fraudulent coupons at Lowes Foods (wral.com)
- With Lowes leaving, seven-time champ likes unique opportunity (saukvalley.com)
- Assen WSBK: Lowes outpaces Rea for maiden pole (motorsport.com)
- Lowe’s revamps playground for students at Kreole Elementary in Moss Point (blog.gulflive.com)
LOW has been the topic of a number of recent research reports. Robert W. Baird reaffirmed a “buy” rating and set a $110.00 price objective on shares of Lowe’s in a research report on Wednesday, January 3rd. Barclays raised Lowe’s from an “equal weight” rating to an “overweight” rating in a research report on Friday, January 5th. Zelman & Associates lowered Lowe’s from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Consumer Edge raised Lowe’s from a “neutral” rating to an “outperform” rating in a research report on Tuesday, January 16th. Finally, Credit Suisse Group set a $116.00 price objective on Lowe’s and gave the stock a “buy” rating in a research report on Tuesday, January 16th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $98.44.
NYSE LOW traded down $1.26 during trading hours on Friday, hitting $83.62. The company had a trading volume of 7,568,673 shares, compared to its average volume of 6,730,611. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.06 and a quick ratio of 0.11. Lowe’s has a 1-year low of $70.76 and a 1-year high of $108.98. The company has a market capitalization of $69,404.60, a PE ratio of 19.05, a P/E/G ratio of 0.89 and a beta of 1.32.
Lowe’s (NYSE:LOW) last released its quarterly earnings data on Wednesday, February 28th. The home improvement retailer reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.13). Lowe’s had a net margin of 5.02% and a return on equity of 65.17%. The company had revenue of $15.49 billion during the quarter, compared to analyst estimates of $15.34 billion. During the same quarter in the prior year, the company earned $0.86 EPS. The business’s revenue was down 1.8% on a year-over-year basis. research analysts expect that Lowe’s will post 5.47 earnings per share for the current year.
Lowe’s declared that its board has initiated a stock repurchase plan on Friday, January 26th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the home improvement retailer to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 9th. Shareholders of record on Wednesday, April 25th will be paid a $0.41 dividend. The ex-dividend date is Tuesday, April 24th. This represents a $1.64 annualized dividend and a yield of 1.96%. Lowe’s’s dividend payout ratio is presently 37.36%.
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Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. It offers a line of products for maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal and outdoor living, lawn and garden, paint, millwork, flooring, and kitchens, as well as outdoor power equipment.
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