Lowe’s Companies, Inc. Common S (NYSE:LOW):
Lowe’s Appoints Michael P. McDermott Chief Customer Officer.
The company is down from yesterday’s close of $67.16.
Additionally Lowe’s Companies, Inc. Common S declared a dividend for shareholders payable on Wednesday the 2nd of November 2016. The dividend payment will be $0.350 per share for the quarter which is $1.40 annualized. The dividend yield will be $2.08. The ex-dividend date will be on Monday the 17th of October 2016.
It is trading at $67.03 which is slightly below the 50 day moving average of $70.91 and just below the 200 day moving average of $76.63. The 50 day moving average was down $-3.88 or -5.48% and the 200 day average went down $-9.60 or -12.53%.
Lowe’s Companies, Inc. Common S currently has a P/E ratio of 21.73 and market cap is 58.63B. As of the last earnings report the EPS was $3.09 and is expected to be $4.02 for the current year with 874,659,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.79 and the next full year EPS is projected to be $4.70.
A few brokerage analysts have provided guidance on LOW recently. On October 26 the company was downgraded from “Outperform” to “Neutral” with a current price target of $73.00 in a report from Wedbush. On October 26 the stock rating was downgraded to “Neutral” from “” and a price target of $73.00 was set in an announcement from JP Morgan.
October 17 investment analysts at Goldman Sachs maintained a company rating of “Buy” and lowered the price target from $88.00 to $86.00. On October 6 the company was set at “Neutral” by Cleveland Research down from the previous “” rating.
On October 6 the stock rating was downgraded from “” to “Neutral” by analysts at . On June 5 Morgan Stanley left the company rating at “Overweight” but raised the price target to $87.00 from $80.00.