DA Davidson Predicts Lower Earnings for Lowe’s Companies

Lowe’s Companies, Inc. (NYSE:LOW) – Equities research analysts at DA Davidson dropped their FY2026 EPS estimates for Lowe’s Companies in a report issued on Thursday, February 27th. DA Davidson analyst M. Baker now expects that the home improvement retailer will earn $12.25 per share for the year, down from their prior forecast of $12.63. DA Davidson has a “Neutral” rating and a $270.00 price target on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, topping 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%. The firm had revenue of $18.55 billion for the quarter, compared to the consensus estimate of $18.29 billion.

Several other analysts also recently weighed in on LOW. Telsey Advisory Group reissued an “outperform” rating and set a $305.00 target price on shares of Lowe’s Companies in a research report on Wednesday, February 26th. Truist Financial cut their target price on Lowe’s Companies from $308.00 to $295.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. Piper Sandler lowered their price target on Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating for the company in a research report on Thursday, February 27th. Stifel Nicolaus boosted their price target on Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. Finally, Wells Fargo & Company raised their price objective on Lowe’s Companies from $280.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $280.83.

Lowe’s Companies Stock Performance

Shares of LOW stock opened at $245.64 on Monday. Lowe’s Companies has a fifty-two week low of $211.80 and a fifty-two week high of $287.01. The firm has a market capitalization of $138.70 billion, a price-to-earnings ratio of 20.49, a PEG ratio of 1.96 and a beta of 1.11. The stock’s 50-day simple moving average is $252.49 and its 200-day simple moving average is $259.24.

Institutional Trading of Lowe’s Companies

Institutional investors and hedge funds have recently made changes to their positions in the business. BridgePort Financial Solutions LLC acquired a new stake in Lowe’s Companies during the fourth quarter worth $866,000. Park Square Financial Group LLC acquired a new stake in shares of Lowe’s Companies during the 4th quarter worth about $45,000. Menard Financial Group LLC acquired a new position in Lowe’s Companies in the fourth quarter valued at about $56,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Lowe’s Companies during the fourth quarter valued at about $159,029,000. Finally, Brooklyn FI LLC acquired a new position in shares of Lowe’s Companies in the 4th quarter worth approximately $820,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

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.