Wedbush Expects Stronger Earnings for Lowe’s Companies

Lowe’s Companies, Inc. (NYSE:LOW) – Wedbush upped their FY2025 earnings per share estimates for shares of Lowe’s Companies in a report released on Friday, February 21st. Wedbush analyst S. Basham now expects that the home improvement retailer will post earnings per share of $12.05 for the year, up from their previous estimate of $11.90. Wedbush 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.

LOW has been the subject of several other reports. Barclays boosted their price target on Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Royal Bank of Canada boosted their target price 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. StockNews.com upgraded shares of Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Evercore ISI lifted their price objective on shares of Lowe’s Companies from $270.00 to $290.00 and gave the stock an “in-line” rating in a research report on Thursday, December 12th. Finally, Sanford C. Bernstein increased their target price on shares of Lowe’s Companies from $301.00 to $304.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $282.96.

Lowe’s Companies Stock Up 2.2 %

Shares of NYSE:LOW opened at $242.33 on Monday. The business’s 50 day moving average is $252.53 and its 200 day moving average is $258.94. The stock has a market cap of $136.83 billion, a P/E ratio of 20.21, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. Lowe’s Companies has a 52-week low of $211.80 and a 52-week high of $287.01.

Institutional Investors Weigh In On Lowe’s Companies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new position in shares of Lowe’s Companies during the third quarter worth about $27,000. IFS Advisors LLC bought a new position in Lowe’s Companies in the 4th quarter worth about $25,000. Marshall Investment Management LLC acquired a new stake in shares of Lowe’s Companies in the fourth quarter valued at approximately $31,000. JNBA Financial Advisors increased its stake in shares of Lowe’s Companies by 555.6% in the third quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock valued at $32,000 after purchasing an additional 100 shares during the period. Finally, Winch Advisory Services LLC raised its holdings in shares of Lowe’s Companies by 56.4% during the fourth quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 44 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

About Lowe’s Companies

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.