Lowe's Companies Inc
How Are Lowe's and HDS Stocks Trending on the Merger News?
Lowe’s Hits a New 52-Week High: What’s Next?
Although the COVID-19 outbreak has dragged many stocks down, Lowe’s Companies has continued to rise. It hit a new 52-week high of $144.94 on July 16.
Wells Fargo Initiates Coverage on Williams-Sonoma with ‘Hold’ Rating
Today, Wells Fargo initiated its coverage on Williams-Sonoma (NYSE:WSM) with a “hold” rating. The firm gave a target price of $90 for the stock.
Why Stifel Raised the Target Price for Home Depot and Lowe’s
On Wednesday, John Baugh of Stifel raised his target price for Home Depot (NYSE:HD) and Lowe’s Companies (NYSE:LOW). He maintained his ‘buy’ rating.
Will Lowe’s Outperform Home Depot in 2020?
So far this year, Home Depot and Lowe’s have outperformed the broader equity markets. They have returned 16.7% and 9.4% YTD.
Are Bill Ackman’s Investment Strategies Successful?
In the first quarter of 2020, activist hedge fund manager Bill Ackman made a windfall profit of $2 billion. He was short on the market in March 2020.
Is Lowe’s a Buy after Its Impressive Q1 Performance?
On Thursday, Lowe’s reported its first-quarter earnings. The company beat analysts’ revenue expectations by 7.4% and EPS expectations by 34.1%.
Lowe’s Stock Rises after Impressive Q1 Performance
Today, Lowe’s reported its first-quarter earnings, which ended on May 1. The company reported an adjusted EPS of $1.77 on revenues of $19.68 billion.
Home Depot Misses Q1 Earnings Expectations, Stock Falls
Today, Home Depot (NYSE:HD) reported its first-quarter earnings, which ended on May 3. The company reported revenue of $28.3 billion.
Q1 13F: How Bill Ackman Played the US Stock Market Crash
So far in 2020, Bill Ackman’s timing has been impeccable. He made over $2 billion by shorting stocks as US stock markets crashed in the first quarter.
Why Lowe’s Is a ‘Buy’ before Its Q1 Earnings
For the first quarter, analysts expect Lowe’s to report revenue of $18.33 billion—a rise of 3.3% from $17.74 billion in the first quarter of 2019.
Will Home Depot Meet Analysts’ Expectations in Q1?
Amid the financial turmoil due to COVID-19, Home Depot (NYSE:HD) continues to stand tall. The company stayed open since it sells essential products.
Should You Buy Home Depot after Its Recent Pullback?
As of April 9, Home Depot was trading at 20.1x analysts’ 2020 EPS estimate of $10.04 and at 18.3x analysts’ 2021 EPS estimate of $11.02.
Upgrade and Higher Stake Drive Lowe’s Stock Today
Today, Lowe’s Companies (NYSE:LOW) was trading 2.7% higher at 10:49 AM ET. The company has outperformed the broader equity market.
RH Reported Its Q4 Earnings, Stock Fell Close to 11%
RH stock fell close to 11% in extended trading on Monday. The stock fell after the company reported its earnings results for the fourth quarter of fiscal 2019.
Loop Capital Upgraded Home Depot Stock to a ‘Buy’
Home Depot might be under pressure due to the coronavirus. However, the stock is a good long-term investment based on its strategic growth plans.
Is There More Upside to Lowe’s Stock Price?
Amid the sell-off in the global equity market, Lowe’s (NYSE:LOW) stock fell to $60 as of March 19—a fall of 52.7% from its 52-week high of $126.73.
Should You Consider Buying Home Depot Stock?
On March 18, Home Depot hit a 52-week low of $140.63 before closing at $155.63—a fall of 37.1% from its 52-week high of $247.36.
Has Lowe’s Stock Price Bottomed Out?
As of Wednesday, Lowe’s Companies (NYSE:LOW) was trading at $99.15—a fall of 17.2% since the beginning of this year. What can investors expect?
Lowe’s Tops Earnings Estimates, Misses on Sales
Today, Lowe’s reported its fourth-quarter earnings. For the quarter, the company reported an adjusted EPS of $0.94, which beat analysts’ estimates of $0.91.