$2.02 EPS Expected for Lowe's Companies, Inc. (LOW)

August 12, 2018 - By Kristin Houston

Lowe's Companies, Inc. (NYSE:LOW) LogoInvestors sentiment decreased to 0.81 in 2018 Q1. Its down 0.20, from 1.01 in 2017Q4. It fall, as 72 investors sold Lowe's Companies, Inc. shares while 482 reduced holdings. 116 funds opened positions while 331 raised stakes. 587.47 million shares or 0.28% more from 585.84 million shares in 2017Q4 were reported.
Cedar Hill Associates Ltd Limited Liability Company owns 2,890 shares for 0.05% of their portfolio. Smith Salley Assocs reported 77,631 shares or 1.22% of all its holdings. Bragg Financial Advsrs stated it has 0.53% in Lowe's Companies, Inc. (NYSE:LOW). Notis owns 0.83% invested in Lowe's Companies, Inc. (NYSE:LOW) for 15,800 shares. 591,800 are held by Schwartz Counsel Inc. Sumitomo Mitsui Hldgs owns 2.44M shares. Lombard Odier Asset Mgmt (Switzerland) owns 2,341 shares or 0.02% of their US portfolio. Regions Fincl invested 0.14% in Lowe's Companies, Inc. (NYSE:LOW). Farmers & Merchants owns 187,664 shares or 1.24% of their US portfolio. Confluence Investment Mngmt Ltd has invested 0.54% in Lowe's Companies, Inc. (NYSE:LOW). Dnb Asset Mngmt As holds 0% or 98,342 shares. Pub Employees Retirement Of Ohio reported 590,243 shares. Ferguson Wellman Cap Management Inc invested in 3,489 shares or 0.01% of the stock. Todd Asset Mgmt Limited Liability Company reported 0.41% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). State Street Corp owns 33.70M shares.

Since June 8, 2018, it had 0 insider buys, and 1 sale for $1.23 million activity.

Analysts expect Lowe's Companies, Inc. (NYSE:LOW) to report $2.02 EPS on August, 22 before the open.They anticipate $0.45 EPS change or 28.66 % from last quarter’s $1.57 EPS. LOW’s profit would be $1.65B giving it 12.17 P/E if the $2.02 EPS is correct. After having $1.19 EPS previously, Lowe's Companies, Inc.’s analysts see 69.75 % EPS growth. The stock decreased 1.63% or $1.63 during the last trading session, reaching $98.31. About 3.07 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 18.89% since August 13, 2017 and is uptrending. It has outperformed by 6.32% the S&P500.

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

Among 15 analysts covering Lowe’s Companies (NYSE:LOW), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Lowe’s Companies had 16 analyst reports since March 1, 2018 according to SRatingsIntel. On Wednesday, February 28 the stock rating was maintained by Piper Jaffray with “Hold”. Credit Suisse maintained the stock with “Buy” rating in Monday, March 5 report. On Tuesday, July 24 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Deutsche Bank on Thursday, March 1. The firm has “Hold” rating given on Thursday, March 1 by Wedbush. Robert W. Baird maintained the shares of LOW in report on Tuesday, May 22 with “Buy” rating. The firm has “Hold” rating by Wedbush given on Thursday, May 24. The firm has “Market Perform” rating given on Friday, March 2 by BMO Capital Markets. The rating was maintained by Telsey Advisory with “Buy” on Thursday, March 1. JP Morgan maintained the shares of LOW in report on Tuesday, March 6 with “Neutral” rating.

Lowe's Companies, Inc. operates as a home improvement firm in the United States, Canada, and Mexico. The company has market cap of $80.24 billion. It offers a line of products for maintenance, repair, remodeling, and decorating. It has a 21.42 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 news for Lowe's Companies, Inc. (NYSE:LOW) were recently published by: Bizjournals.com, which released: “New Lowe’s CEO helps stuff disaster-relief buckets at Mooresville headquarters” on August 01, 2018. Fool.com‘s article titled: “First Order of Business for Lowe’s New CEO: Clean House” and published on July 21, 2018 is yet another important article.

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

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