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

August 21, 2018 - By Patrick Harkless

Lowe's Companies, Inc. (NYSE:LOW) LogoInvestors sentiment decreased to 0.81 in Q1 2018. Its down 0.20, from 1.01 in 2017Q4. It worsened, 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.
State Of Wisconsin Inv Board holds 916,268 shares or 0.23% of its portfolio. Orrstown Financial Svcs holds 0.04% or 374 shares in its portfolio. Fisher Asset Mngmt Limited Com has 32,530 shares for 0% of their portfolio. Birmingham Capital Mngmt Al holds 0.12% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 3,250 shares. Dorsey & Whitney Trust Ltd Co holds 6,078 shares or 0.1% of its portfolio. Bronson Point Ltd Company has invested 2.81% in Lowe's Companies, Inc. (NYSE:LOW). Dana Invest Advisors, a Wisconsin-based fund reported 37,965 shares. Cypress Asset Mngmt Tx has invested 0.93% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Td Asset Management owns 330,352 shares or 0.04% of their US portfolio. Fiera Corporation holds 1.14 million shares. Arizona State Retirement Sys holds 0.19% or 218,599 shares. Amf Pensionsforsakring Ab has 1.28M shares for 1.17% of their portfolio. 19,092 were reported by Company Of Virginia Va. 1832 Asset Management Lp accumulated 432,038 shares. Cambridge Advisors reported 0.78% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW).

Since June 8, 2018, it had 0 insider buys, and 1 insider 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 12.25 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 increased 1.01% or $0.99 during the last trading session, reaching $98.97. About 3.47 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 18.89% since August 21, 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. The firm earned “Hold” rating on Thursday, March 1 by SunTrust. KeyBanc Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Tuesday, July 24. KeyBanc Capital Markets has “Overweight” rating and $115 target. The firm earned “Buy” rating on Thursday, March 1 by Deutsche Bank. The rating was maintained by JP Morgan with “Neutral” on Tuesday, March 6. The rating was upgraded by Loop Capital Markets on Wednesday, May 23 to “Buy”. The company was maintained on Wednesday, February 28 by Piper Jaffray. The firm earned “Hold” rating on Thursday, March 1 by Wedbush. The firm earned “Hold” rating on Thursday, May 24 by Wedbush. Robert W. Baird maintained Lowe's Companies, Inc. (NYSE:LOW) on Tuesday, May 22 with “Buy” rating. Telsey Advisory maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, March 1. Telsey Advisory has “Buy” rating and $110.0 target.

Lowe's Companies, Inc. operates as a home improvement firm in the United States, Canada, and Mexico. The company has market cap of $80.78 billion. It offers a line of products for maintenance, repair, remodeling, and decorating. It has a 21.57 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 notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Seekingalpha.com which released: “Analysts weigh in on Lowe’s renewing Synchrony credit pact” on August 14, 2018, also Benzinga.com with their article: “Upcoming Earnings: Target To Report Q2 Results Wednesday Morning” published on August 20, 2018, Fool.com published: “3 Things to Watch in the Stock Market This Week” on August 19, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Seekingalpha.com and their article: “Game Plan For The Week – Cramer’s Mad Money (8/17/18)” published on August 20, 2018 as well as Benzinga.com‘s news article titled: “The Week Ahead: Alibaba, More Retail Earnings Take Center Stage” with publication date: August 20, 2018.

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

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