Taking a Fresh Look at Lowe’s Companies, Inc. (LOW)

Lowe’s Companies, Inc. (LOW) is an interesting player in the Services space, with a focus on Home Improvement Stores. The stock has been active on the tape, currently trading at $100.50, up from yesterday’s close by 0.00%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Lowe’s Companies, Inc. (LOW) currently trades with a market capitalization of $82.91 Billion. That value represents a market adjusting for revenues that have been growing by 2.97 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $4.06 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $2.02 on a per share basis this quarter. Perhaps, that suggests something about why 0.41% of the outstanding share supply is held by institutional investors.



Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Lowe’s Companies, Inc. recorded a 52-week high of $108.98. It is now trading 8.48% off that level. The stock is trading $88.72 its 50-day moving average by -11.78%. The stock carved out a 52-week low down at $70.76.

In recent action, Lowe’s Companies, Inc. (LOW) has made a move of +16.08% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.47% with $824.56 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LOW.

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