$1.02 EPS Expected for Lowe's Companies, Inc. (LOW)

November 10, 2018 - By Jason Grubb

Lowe's Companies, Inc. (NYSE:LOW) LogoInvestors sentiment decreased to 0.76 in 2018 Q2. Its down 0.05, from 0.81 in 2018Q1. It turned negative, as 60 investors sold Lowe's Companies, Inc. shares while 496 reduced holdings. 128 funds opened positions while 294 raised stakes. 581.37 million shares or 1.04% less from 587.47 million shares in 2018Q1 were reported.
Amica Pension Fund Board Of Trustees reported 37,409 shares or 0.49% of all its holdings. Williams Jones & Associates Ltd Limited Liability Company holds 128,940 shares or 0.27% of its portfolio. Legal And General Group Inc Public Limited Com stated it has 0.28% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Nj State Employees Deferred Compensation Plan stated it has 0.85% in Lowe's Companies, Inc. (NYSE:LOW). E&G Advisors L P holds 0.38% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 9,400 shares. Charter Tru Communication holds 28,101 shares or 0.32% of its portfolio. Moreover, Atria Invests Ltd Limited Liability Company has 0.11% invested in Lowe's Companies, Inc. (NYSE:LOW). Rothschild Corporation Il reported 0.32% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Moreno Evelyn V reported 26,867 shares. Cullinan holds 0.72% in Lowe's Companies, Inc. (NYSE:LOW) or 98,731 shares. First Citizens Commercial Bank And Communications reported 3,910 shares. Ashfield Cap Prns Limited Liability owns 9,831 shares. Estabrook Management reported 445 shares. First National Bank Of Omaha has invested 0.03% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Echo Street Cap Ltd Llc accumulated 102,744 shares or 0.24% of the stock.

Since June 8, 2018, it had 1 buying transaction, and 2 insider sales for $3.00 million activity. CROOM MARSHALL A also sold $1.80M worth of Lowe's Companies, Inc. (NYSE:LOW) shares. $1.23M worth of stock was sold by Hollifield Matthew V on Friday, June 8.

Analysts expect Lowe's Companies, Inc. (NYSE:LOW) to report $1.02 EPS on November, 20.They anticipate $0.03 EPS change or 2.86 % from last quarter’s $1.05 EPS. LOW’s profit would be $827.22 million giving it 23.73 P/E if the $1.02 EPS is correct. After having $2.07 EPS previously, Lowe's Companies, Inc.’s analysts see -50.72 % EPS growth. The stock decreased 2.66% or $2.65 during the last trading session, reaching $96.82. About 5.19 million shares traded or 2.61% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 45.36% since November 10, 2017 and is uptrending. It has outperformed by 29.74% the S&P500.

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

Among 15 analysts covering Lowe’s (NYSE:LOW), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Lowe’s had 21 analyst reports since May 22, 2018 according to SRatingsIntel. On Thursday, October 11 the stock rating was maintained by Morgan Stanley with “Overweight”. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Buy” rating given on Thursday, August 23 by Stifel Nicolaus. The firm has “Neutral” rating given on Thursday, August 23 by Citigroup. The firm earned “Outperform” rating on Thursday, August 23 by Robert W. Baird. The firm earned “Buy” rating on Wednesday, May 23 by Loop Capital Markets. Raymond James maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, August 23. Raymond James has “Outperform” rating and $112 target. The rating was upgraded by Citigroup on Tuesday, October 23 to “Buy”. SunTrust upgraded the stock to “Buy” rating in Friday, September 28 report. Gordon Haskett downgraded Lowe's Companies, Inc. (NYSE:LOW) on Thursday, November 8 to “Hold” rating. Bank of America maintained the shares of LOW in report on Thursday, August 23 with “Buy” rating.

Lowe's Companies, Inc. operates as a home improvement firm in the United States, Canada, and Mexico. The company has market cap of $78.52 billion. It offers a line of products for maintenance, repair, remodeling, and decorating. It has a 20.37 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 important recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Benzinga.com which released: “Credit Suisse Downgrades Home Depot, Lowe’s On Reduced Upside Projections” on October 17, 2018, also Seekingalpha.com published article titled: “Lowe’s: This Dividend Growth Stock Looks Attractive”, Seekingalpha.com published: “Lowe’s Store Closings A Wise Move” on November 06, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) was released by: Benzinga.com and their article: “Citi Is A Believer In Lowe’s Turnaround Plan: ‘We Think The Stock Has Upside From Here'” with publication date: October 23, 2018.

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

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