Lowe's Companies (NYSE:LOW) Earns Outperform Rating from Telsey Advisory Group

Key Points

• Telsey Advisory Group reiterated an "outperform" rating for Lowe's Companies (NYSE:LOW) with a target price of $305.00, suggesting an 18.57% upside potential from its last closing price.
• Lowe's reported $4.33 earnings per share (EPS) for the latest quarter, surpassing the consensus estimate of $4.24, highlighting a year-over-year revenue increase of 1.6%.
• Fifteen investment analysts have rated Lowe's stock as a Buy, indicating strong confidence in its performance moving forward.

Lowe's Companies (NYSE:LOW - Get Free Report)'s stock had its "outperform" rating reiterated by research analysts at Telsey Advisory Group in a research report issued on Thursday,Benzinga reports. They currently have a $305.00 price target on the home improvement retailer's stock. Telsey Advisory Group's price objective would suggest a potential upside of 15.72% from the company's previous close. Telsey Advisory Group also issued estimates for Lowe's Companies' Q3 2026 earnings at $3.11 EPS, FY2026 earnings at $12.45 EPS, Q1 2027 earnings at $3.25 EPS, Q2 2027 earnings at $4.68 EPS, Q3 2027 earnings at $3.34 EPS and FY2027 earnings at $13.57 EPS.

Several other equities research analysts have also commented on the stock. Morgan Stanley lowered their price target on shares of Lowe's Companies from $300.00 to $255.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Wells Fargo & Company lowered their price target on shares of Lowe's Companies from $285.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. DA Davidson lowered their target price on shares of Lowe's Companies from $270.00 to $240.00 and set a "neutral" rating on the stock in a research note on Thursday, May 22nd. Gordon Haskett raised shares of Lowe's Companies to a "hold" rating in a research note on Wednesday, August 13th. Finally, Sanford C. Bernstein set a $266.00 target price on shares of Lowe's Companies and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. Sixteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $284.33.

Lowe's Companies Price Performance

NYSE:LOW traded up $7.9280 during mid-day trading on Thursday, hitting $263.5780. The company's stock had a trading volume of 3,795,959 shares, compared to its average volume of 3,175,845. Lowe's Companies has a 1 year low of $206.38 and a 1 year high of $287.01. The stock has a market cap of $147.72 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.49 and a beta of 0.89. The business's fifty day moving average is $230.09 and its two-hundred day moving average is $230.20.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The home improvement retailer reported $4.33 EPS for the quarter, beating the consensus estimate of $4.24 by $0.09. Lowe's Companies had a net margin of 8.20% and a negative return on equity of 52.02%. The company had revenue of $23.96 billion for the quarter, compared to analyst estimates of $23.99 billion. During the same period in the prior year, the company earned $4.10 earnings per share. The firm's revenue was up 1.6% on a year-over-year basis. Lowe's Companies has set its FY 2025 guidance at 12.200-12.450 EPS. Analysts anticipate that Lowe's Companies will post 11.9 EPS for the current fiscal year.

Insider Transactions at Lowe's Companies

In related news, CEO Marvin R. Ellison sold 40,000 shares of the firm's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $264.10, for a total value of $10,564,000.00. Following the transaction, the chief executive officer directly owned 249,043 shares of the company's stock, valued at approximately $65,772,256.30. This trade represents a 13.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Juliette Williams Pryor sold 1,130 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $227.50, for a total transaction of $257,075.00. Following the completion of the transaction, the executive vice president directly owned 31,898 shares in the company, valued at $7,256,795. This represents a 3.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.27% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LOW. Wood Tarver Financial Group LLC purchased a new position in Lowe's Companies in the 4th quarter valued at about $25,000. Howard Hughes Medical Institute acquired a new stake in Lowe's Companies in the 2nd quarter valued at about $27,000. Solstein Capital LLC raised its holdings in Lowe's Companies by 627.8% in the 2nd quarter. Solstein Capital LLC now owns 131 shares of the home improvement retailer's stock valued at $29,000 after acquiring an additional 113 shares during the last quarter. Traub Capital Management LLC acquired a new stake in Lowe's Companies in the 2nd quarter valued at about $30,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Lowe's Companies by 128.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer's stock valued at $30,000 after acquiring an additional 76 shares during the last quarter. 74.06% of the stock is 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.