Lowe’s Companies Inc. (NYSE: LOW) is a leading home improvement retail company in the United States, with over 2,200 stores nationwide and a wide range of products and services. This stock analysis and forecast provides a comprehensive overview of the company’s financial performance, including EPS, analyst forecasts, stock price projections, growth prospects, earnings and revenue projections, and analyst recommendations. The analysis suggests that the company is financially healthy, growing, and has strong growth prospects, making it an attractive investment opportunity.
Table of Contents
Introduction
Lowe’s Companies Inc. (NYSE: LOW) is a leading home improvement retailer with over 2,200 stores across North America. The company offers a wide range of products and services for home improvement, including appliances, tools, hardware, and building materials. With a strong focus on customer service and convenience, Lowe’s has become one of the most trusted and respected brands in the home improvement industry.
As of 2021, Lowe’s Companies Inc. (NYSE: LOW) has a current Earnings Per Share (EPS) of $10.29. EPS is a measure of a company’s profitability and is calculated by dividing the company’s net income by its outstanding shares of stock. A high EPS indicates that a company is generating a significant amount of profit per share of stock, which is generally seen as a positive sign for investors.
Lowe’s Companies Inc. (NYSE: LOW) EPS has been steady in recent years, reflecting the company’s strong financial performance and ability to generate profit. The company’s EPS has been growing at a steady rate, which indicates that the company is successfully managing its costs and increasing its revenue. This is positive news for investors, as it suggests that the company has strong growth potential and is well-positioned for future success.
In summary, Lowe’s Companies Inc. (NYSE: LOW) is a leading home improvement retailer with a strong brand, a commitment to customer service, and a proven track record of financial performance. With a current EPS of $10.29, the company is generating a significant amount of profit per share of stock, which is a positive sign for investors. This, along with its steady EPS growth, suggests that the company has strong growth potential and is well-positioned for future success.
Analyst Forecasts
Analyst forecasts for Lowe’s Companies Inc. (NYSE: LOW) are generally positive, with many experts predicting strong growth for the company in the coming years. In terms of EPS forecast for 2023, the average forecast among analysts is $13.51, with the lowest forecast at $13.40 and the highest forecast at $13.62. This suggests that analysts are expecting the company to continue to generate a significant amount of profit per share of stock, and that they believe the company has strong growth potential.
The price target forecast for Lowe’s Companies Inc. (NYSE: LOW) is also generally positive, with the average price target among Wall Street analysts being $230.90. This is based on 21 analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $300.00, while the lowest forecast is $159.00. This suggests that analysts believe that the company’s stock has significant upside potential in the long term, and that the stock could be worth much more in the future.
The stock rating consensus for Lowe’s Companies Inc. (NYSE: LOW) is also generally positive, with the company receiving a consensus rating of “Buy.” This is based on 15 buy ratings, 7 hold ratings, and 2 sell ratings from analysts. The company’s average rating score is 2.54, which is considered to be a positive indication of its financial health and growth prospects.
In summary, analyst forecasts for Lowe’s Companies Inc. (NYSE: LOW) are generally positive, with many experts predicting strong growth for the company in the coming years. The EPS forecast for 2023 is $13.51, on average, with the lowest forecast at $13.40 and the highest forecast at $13.62. The price target forecast is also positive, with the average price target being $230.90, and the stock rating consensus is “Buy”. These all indicate that the company has strong growth potential, and is well-positioned for future success.
| Lowe’s Companies Inc. (Data Information) | Lowe’s Companies Inc. (Data Result) |
|---|---|
| Current Earnings Per Share (EPS) | $10.29 |
| EPS forecast for 2023 (average) | $13.51 |
| EPS forecast for 2023 (lowest) | $13.40 |
| EPS forecast for 2023 (highest) | $13.62 |
| Price target forecast (average) | $230.90 |
| Price target forecast (highest) | $300.00 |
| Price target forecast (lowest) | $159.00 |
| Stock price projection in five years (2028) | $391.032 USD |
| All-time high stock price | $256.65 (on December 10, 2021) |
| 52-week high stock price | $240.71 |
| Median price forecast among analysts | $236.00 |
| Growth Score | A |
| Momentum Score | B |
| Return on Equity forecast | -76.22% |
| Return on Assets forecast | 20.88% |
| Earnings forecast (growth rate) | 19.54% per year |
Stock Price Projections
The stock price projections for Lowe’s Companies Inc. (NYSE: LOW) are generally positive, with many experts predicting strong growth for the company in the coming years. In terms of the projected stock price in five years (2028), the forecast is $391.032 USD. This suggests that analysts believe that the company’s stock has significant upside potential in the long term, and that the stock could be worth much more in the future.
The all-time high stock price for Lowe’s Companies Inc. (NYSE: LOW) was $256.65 on December 10, 2021, which demonstrates the company’s ability to consistently perform well and generate a significant amount of profit per share of stock. The 52-week high stock price for Lowe’s Companies Inc. (NYSE: LOW) is $240.71, which is 14.9% above the current share price. This suggests that the company’s stock has performed well over the past year, and has significant potential for future growth.
The median price forecast among analysts for Lowe’s Companies Inc. (NYSE: LOW) is $236.00, which is an increase of 11.24% from the last price of $212.15. This suggests that analysts believe that the company’s stock has significant upside potential in the long term, and that the stock could be worth much more in the future.
In summary, the stock price projections for Lowe’s Companies Inc. (NYSE: LOW) are generally positive, with many experts predicting strong growth for the company in the coming years. The projected stock price in five years (2028) is $391.032 USD, the all-time high stock price was $256.65 on December 10, 2021, the 52-week high stock price is $240.71, and the median price forecast among analysts is $236.00. These all indicate that the company has strong growth potential and is well-positioned for future success.
Financial Health and Growth Prospects
Lowe’s Companies Inc. (NYSE: LOW) has a Growth Score of “A”, which is considered to be an indication of its strong financial health and growth prospects. This score is based on a variety of factors, including the company’s revenue growth, earnings growth, and valuation. A high Growth Score suggests that the company is performing well financially and has strong potential for future growth.
The company also has a Momentum Score of “B”, which indicates that recent price changes and earnings estimate revisions suggest that it would be a good stock for momentum investors. A Momentum Score of “B” suggests that the stock has been gaining momentum in recent times, and may continue to perform well in the near future.
The Return on Equity forecast for Lowe’s Companies Inc. (NYSE: LOW) is forecast to be low in 3 years (-76.22%); analysts are not confident in the firm’s ability to efficiently generate return on equity. The Return on Equity (ROE) is a measure of a company’s profitability that shows how much profit a company generates with the money shareholders have invested. A low ROE suggests that the company may not be using shareholder funds efficiently, which may be a concern for investors.
The Return on Assets (ROA) forecast for Lowe’s Companies Inc. (NYSE: LOW) is 20.88% which is lower than the US Home Improvement Retail industry average (23.1%). ROA is a measure of a company’s profitability that shows how much profit a company generates with the money it has invested in assets. A low ROA suggests that the company may not be using its assets efficiently, which may be a concern for investors.
In summary, Lowe’s Companies Inc. (NYSE: LOW) has a Growth Score of “A” and a Momentum Score of “B” which indicate that the company has a strong financial health and growth prospects. The Return on Equity forecast for the company is low in 3 years (-76.22%), and Return on Assets forecast is 20.88% which is lower than the industry average, indicating that the company may not be using shareholder funds and assets efficiently which may be a concern for investors.
Earnings and Revenue Projections
When it comes to comparison to industry and market averages, the earnings for Lowe’s Companies Inc. (NYSE: LOW) are forecast to grow faster (19.54% per year) than the US Home Improvement Retail industry average (6.86%). However, the earnings are forecast to grow slower (19.54% per year) than the US market average (27.98%). This suggests that while the company is expected to perform well financially, it may not be growing as quickly as some other companies in the industry or the broader market.
The revenue projections for Lowe’s Companies Inc. (NYSE: LOW) are also generally positive, with the forecast revenue growth rate being 1.58% per year. This is not exceptional, but still indicates that the company is expected to continue to generate a significant amount of revenue.
When it comes to comparison to industry and market averages, the revenue for Lowe’s Companies Inc. (NYSE: LOW) is forecast to grow faster (1.58% per year) than the US Home Improvement Retail industry average (1.24%). However, the revenue is forecast to grow slower (1.58% per year) than the US market average (10.82%). This suggests that while the company is expected to perform well financially, it may not be growing as quickly as some other companies in the industry or the broader market.
In summary, the earnings and revenue projections for Lowe’s Companies Inc. (NYSE: LOW) are generally positive, with many experts predicting strong growth for the company in the coming years. The earnings forecast is 19.54% per year and revenue forecast is 1.58% per year, both are not exceptional but still indicates that the company is expected to continue to generate a significant amount of profit and revenue. However, the company may not be growing as quickly as some other companies in the industry or the broader market.
Analyst Recommendations
Analyst recommendations for Lowe’s Companies Inc. (NYSE: LOW) are generally positive, with many experts recommending the stock as a strong buy or a buy. Out of 21 analysts, 9 (42.86%) are recommending LOW as a Strong Buy, 2 (9.52%) are recommending LOW as a Buy, 9 (42.86%) are recommending LOW as a Hold, 1 (4.76%) are recommending LOW as a Sell, and 0 (0%) are recommending LOW as a Strong Sell.
This suggests that the majority of analysts believe that the company’s stock has strong potential for growth and is a good investment opportunity. The strong buy and buy recommendations indicate that analysts have a high level of confidence in the company’s ability to generate significant returns for investors.
The average price target forecast among analysts for Lowe’s Companies Inc. (NYSE: LOW) is $229.35. According to 20 Wall Street analysts that have issued a 1 year LOW price target, the average LOW price target is $229.35, with the highest LOW stock price forecast at $275.00 and the lowest LOW stock price forecast at $159.00. This suggests that analysts believe that the company’s stock has significant upside potential in the long term, and that the stock could be worth much more in the future.
In summary, the analyst recommendations for Lowe’s Companies Inc. (NYSE: LOW) are generally positive, with many experts recommending the stock as a strong buy or a buy. The average price target forecast among analysts is $229.35, which suggests that analysts believe that the company’s stock has significant upside potential in the long term, and that the stock could be worth much more in the future.
Conclusion
In conclusion, Lowe’s Companies Inc. (NYSE: LOW) is a financially healthy and growing company, with strong growth prospects and positive analyst forecasts. The company currently has an Earnings Per Share (EPS) of $10.29, and analysts predict that the EPS will be $13.51 for 2023, with the lowest EPS forecast at $13.40, and the highest EPS forecast at $13.62. The average price target for Lowe’s is $230.90, and the company has received a consensus rating of Buy.
The company’s stock is expected to perform well in the future, with the projected stock price in five years (2028) being $391.032 USD. The all-time high stock price was $256.65 on December 10, 2021, and the 52-week high stock price is $240.71. The median price forecast among analysts is $236.00.
For new shareholders, the investment in Lowe’s Companies Inc. (NYSE: LOW) is generally recommended as a good investment opportunity. Initial investment of $250 is recommended and after joining, make additional cash investments of as little as $25 in Lowe’s common stock.
In summary, Lowe’s Companies Inc. (NYSE: LOW) is a financially healthy and growing company with strong growth prospects and positive analyst forecasts. The projected stock price in 2024 is $229.35, and the investment recommendations for new shareholders is to invest with an initial investment of $250 and make additional cash investments of as little as $25 in Lowe’s common stock. The company’s long-term growth potential and positive analyst forecasts make it an attractive investment opportunity.
FAQs.
Q. What is the current Earnings Per Share (EPS) for Lowe’s Companies Inc. (NYSE: LOW)?
Answer: The current Earnings Per Share (EPS) for Lowe’s Companies Inc. (NYSE: LOW) is $10.29.
Q. What is the average EPS forecast for 2023 for Lowe’s Companies Inc. (NYSE: LOW)?
Answer: On average, analysts forecast that LOW’s EPS will be $13.51 for 2023, with the lowest EPS forecast at $13.40, and the highest EPS forecast at $13.62.
Q. What is the stock price forecast for Lowe’s Companies Inc. (NYSE: LOW) in five years (2028)?
Answer: The stock price forecast for Lowe’s Companies Inc. (NYSE: LOW) in five years (2028) is $391.032 USD.
Q. What is the consensus stock rating for Lowe’s Companies Inc. (NYSE: LOW)?
Answer: The consensus stock rating for Lowe’s Companies Inc. (NYSE: LOW) is “Buy”.
Q. What is the average price target forecast among analysts for Lowe’s Companies Inc. (NYSE: LOW)?
Answer: The average price target forecast among analysts for Lowe’s Companies Inc. (NYSE: LOW) is $229.35.