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Analysts See $1.02 EPS for Lowe's Companies, Inc. (LOW)

Lowe's Companies, Inc. (NYSE:LOW) LogoInvestors sentiment decreased to 0.76 in Q2 2018. Its down 0.05, from 0.81 in 2018Q1. It is negative, as 60 investors sold Lowe's Companies, Inc. shares while 496 reduced holdings. 128 funds opened positions while 294 raised stakes. 581.37 million shares or 1.04% less from 587.47 million shares in 2018Q1 were reported.
1,925 were reported by Peoples Fincl. Arrowstreet Lp accumulated 854,697 shares. Pictet Asset Mgmt Ltd owns 738,263 shares or 0.17% of their US portfolio. Montag And Caldwell Ltd Liability Corporation invested in 1.77% or 465,831 shares. Buckingham has invested 0.07% in Lowe's Companies, Inc. (NYSE:LOW). Cibc Mkts has invested 0.16% in Lowe's Companies, Inc. (NYSE:LOW). Moreover, Alyeska Invest Gp L P has 0.37% invested in Lowe's Companies, Inc. (NYSE:LOW) for 407,740 shares. Aperio Group Inc Limited Liability has 0.25% invested in Lowe's Companies, Inc. (NYSE:LOW) for 536,349 shares. Glenview Mngmt Limited Liability Corp stated it has 1.17% in Lowe's Companies, Inc. (NYSE:LOW). Alabama-based Fjarde Ap has invested 0.34% in Lowe's Companies, Inc. (NYSE:LOW). Charter invested in 28,101 shares or 0.32% of the stock. Missouri-based Parkside National Bank & Trust & has invested 0.13% in Lowe's Companies, Inc. (NYSE:LOW). San Francisco Sentry Inv Gp (Ca) reported 0.24% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). California Employees Retirement holds 0.27% or 2.07 million shares in its portfolio. Howland Capital Mngmt Ltd Liability holds 0.03% or 3,960 shares in its portfolio.

Since June 8, 2018, it had 1 buying transaction, and 2 selling transactions for $3.00 million activity. $1.80 million worth of Lowe's Companies, Inc. (NYSE:LOW) was sold by CROOM MARSHALL A. Shares for $29,407 were bought by WARDELL LISA W on Friday, August 24.

Analysts expect Lowe's Companies, Inc. (NYSE:LOW) to report $1.02 EPS on November, 20.They anticipate $0.03 EPS change or 2.86 % from last quarter’s $1.05 EPS. LOW’s profit would be $827.22 million giving it 23.73 P/E if the $1.02 EPS is correct. After having $2.07 EPS previously, Lowe's Companies, Inc.’s analysts see -50.72 % EPS growth. The stock decreased 2.66% or $2.65 during the last trading session, reaching $96.82. About 5.19M shares traded or 2.61% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 45.36% since November 10, 2017 and is uptrending. It has outperformed by 29.74% the S&P500.

Lowe's Companies, Inc. (NYSE:LOW) Ratings Coverage

Among 15 analysts covering Lowe’s (NYSE:LOW), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Lowe’s had 21 analyst reports since May 22, 2018 according to SRatingsIntel. The company was upgraded on Wednesday, May 23 by Loop Capital Markets. Robert W. Baird maintained the shares of LOW in report on Monday, September 17 with “Outperform” rating. On Thursday, August 23 the stock rating was maintained by Citigroup with “Neutral”. Morgan Stanley maintained Lowe's Companies, Inc. (NYSE:LOW) on Thursday, October 11 with “Overweight” rating. Gordon Haskett downgraded the shares of LOW in report on Thursday, November 8 to “Hold” rating. Robert W. Baird maintained it with “Buy” rating and $11000 target in Tuesday, May 22 report. SunTrust upgraded the shares of LOW in report on Friday, September 28 to “Buy” rating. Credit Suisse downgraded it to “Neutral” rating and $111 target in Wednesday, October 17 report. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Overweight” rating given on Tuesday, October 23 by Morgan Stanley. The rating was maintained by KeyBanc Capital Markets on Tuesday, July 24 with “Overweight”.

Lowe's Companies, Inc. operates as a home improvement firm in the United States, Canada, and Mexico. The company has market cap of $78.52 billion. It offers a line of products for maintenance, repair, remodeling, and decorating. It has a 20.37 P/E ratio. The firm provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal living, lawn and garden, paint, millwork, flooring, kitchens, outdoor power equipment, and home fashions.

More important recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Seekingalpha.com which released: “Lowe’s Store Closings A Wise Move” on November 06, 2018, also Seekingalpha.com published article titled: “Lowe’s: This Dividend Growth Stock Looks Attractive”, Benzinga.com published: “Citi Is A Believer In Lowe’s Turnaround Plan: ‘We Think The Stock Has Upside From Here'” on October 23, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) was released by: Benzinga.com and their article: “Credit Suisse Downgrades Home Depot, Lowe’s On Reduced Upside Projections” with publication date: October 17, 2018.

Lowe's Companies, Inc. (NYSE:LOW) Institutional Positions Chart

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