Lowe's Companies (NYSE:LOW) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Lowe's Companies (NYSE:LOW - Get Free Report) issued its quarterly earnings data on Wednesday. The home improvement retailer reported $1.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.10, Zacks reports. Lowe's Companies had a net margin of 8.19% and a negative return on equity of 47.55%. Lowe's Companies updated its FY 2025 guidance to 12.150-12.400 EPS.

Lowe's Companies Trading Up 2.0 %

Shares of LOW stock traded up $4.77 during trading hours on Wednesday, reaching $247.16. The stock had a trading volume of 4,663,678 shares, compared to its average volume of 2,386,277. The stock's fifty day simple moving average is $252.48 and its 200 day simple moving average is $258.86. The firm has a market capitalization of $139.56 billion, a PE ratio of 20.61, a PEG ratio of 1.96 and a beta of 1.11. Lowe's Companies has a 12 month low of $211.80 and a 12 month high of $287.01.

Wall Street Analyst Weigh In

LOW has been the subject of several recent analyst reports. Guggenheim reaffirmed a "buy" rating and issued a $300.00 target price on shares of Lowe's Companies in a report on Thursday, December 12th. Wells Fargo & Company raised their target price on Lowe's Companies from $280.00 to $295.00 and gave the company an "overweight" rating in a research report on Wednesday, November 6th. Sanford C. Bernstein lifted their target price on Lowe's Companies from $301.00 to $304.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th. Wedbush restated a "neutral" rating and set a $250.00 price target on shares of Lowe's Companies in a research report on Thursday, December 12th. Finally, Stifel Nicolaus raised their price objective on shares of Lowe's Companies from $265.00 to $270.00 and gave the stock a "hold" rating in a report on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $282.96.

About Lowe's Companies

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