Wedbush Lifts Earnings Estimates for Lowe’s Companies

Lowe’s Companies, Inc. (NYSE:LOWFree Report) – Stock analysts at Wedbush raised their FY2025 EPS estimates for shares of Lowe’s Companies in a note issued to investors on Friday, February 21st. Wedbush analyst S. Basham now expects that the home improvement retailer will post earnings of $12.05 per share for the year, up from their previous estimate of $11.90. Wedbush currently has a “Neutral” rating and a $250.00 price target on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Wedbush also issued estimates for Lowe’s Companies’ Q4 2025 earnings at $2.00 EPS.

Several other equities analysts have also weighed in on the stock. TD Cowen lifted their target price on shares of Lowe’s Companies from $270.00 to $290.00 and gave the company a “hold” rating in a report on Monday, October 28th. Truist Financial lifted their target price on shares of Lowe’s Companies from $307.00 to $308.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. 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. Royal Bank of Canada boosted their price objective on shares of Lowe’s Companies from $291.00 to $292.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Finally, Wells Fargo & Company boosted their price objective on shares of Lowe’s Companies from $280.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. Ten research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $282.96.

View Our Latest Stock Report on LOW

Lowe’s Companies Trading Down 3.0 %

NYSE:LOW opened at $238.93 on Monday. The firm has a market capitalization of $134.91 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 1.96 and a beta of 1.11. The firm’s fifty day simple moving average is $253.31 and its 200 day simple moving average is $258.90. Lowe’s Companies has a twelve month low of $211.80 and a twelve month high of $287.01.

Insider Activity at Lowe’s Companies

In related news, EVP Quonta D. Vance sold 7,198 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $274.37, for a total transaction of $1,974,915.26. Following the completion of the sale, the executive vice president now owns 16,703 shares of the company’s stock, valued at $4,582,802.11. This represents a 30.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.26% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Ascent Group LLC grew its position in Lowe’s Companies by 3.7% in the 4th quarter. Ascent Group LLC now owns 4,322 shares of the home improvement retailer’s stock worth $1,067,000 after purchasing an additional 153 shares during the last quarter. Putney Financial Group LLC acquired a new stake in shares of Lowe’s Companies in the 4th quarter worth approximately $49,000. Aurdan Capital Management LLC acquired a new stake in shares of Lowe’s Companies in the 4th quarter worth approximately $11,105,000. Value Partners Investments Inc. lifted its stake in shares of Lowe’s Companies by 5.2% in the 4th quarter. Value Partners Investments Inc. now owns 11,916 shares of the home improvement retailer’s stock worth $2,939,000 after acquiring an additional 591 shares during the period. Finally, Sunbeam Capital Management LLC acquired a new stake in shares of Lowe’s Companies in the 4th quarter worth approximately $296,000. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Lowe's Companies (NYSE:LOW)

Receive News & Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter.