Lowe’s Companies (NYSE:LOW) Issues FY 2025 Earnings Guidance

Lowe’s Companies (NYSE:LOW) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 12.150-12.400 for the period, compared to the consensus EPS estimate of 12.480. The company issued revenue guidance of $83.5 billion-$84.5 billion, compared to the consensus revenue estimate of $84.8 billion.

Lowe’s Companies Stock Up 2.0 %

NYSE LOW traded up $4.77 during trading hours on Wednesday, hitting $247.16. 4,660,966 shares of the company were exchanged, compared to its average volume of 2,355,349. Lowe’s Companies has a 52 week low of $211.80 and a 52 week high of $287.01. The stock has a 50-day moving average price of $252.53 and a 200 day moving average price of $258.94. The stock has a market cap of $139.56 billion, a PE ratio of 20.61, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. As a group, sell-side analysts anticipate that Lowe’s Companies will post 11.9 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on the stock. DA Davidson raised their price target on Lowe’s Companies from $240.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 20th. Mizuho lifted their target price on shares of Lowe’s Companies from $282.00 to $305.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Truist Financial raised their price objective on shares of Lowe’s Companies from $307.00 to $308.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Wells Fargo & Company raised their price objective on Lowe’s Companies from $280.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada increased their price objective on Lowe’s Companies from $291.00 to $292.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Ten analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus target price of $282.96.

Lowe’s Companies Company Profile

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.