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Lowe's (LOW) Dips More Than Broader Market: What You Should Know
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Lowe's (LOW - Free Report) ended the recent trading session at $184.35, demonstrating a -1.55% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.25%. On the other hand, the Dow registered a loss of 0.86%, and the technology-centric Nasdaq increased by 0.24%.
The home improvement retailer's stock has dropped by 6.39% in the past month, exceeding the Retail-Wholesale sector's loss of 6.54% and lagging the S&P 500's loss of 0.42%.
Market participants will be closely following the financial results of Lowe's in its upcoming release. The company plans to announce its earnings on November 18, 2026. The company's upcoming EPS is projected at $2.88, signifying a 5.88% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $22.39 billion, up 7.59% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.27 per share and revenue of $92.03 billion, indicating changes of -0.16% and +6.66%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Lowe's. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.01% lower within the past month. Right now, Lowe's possesses a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Lowe's has a Forward P/E ratio of 15.26 right now. This represents a discount compared to its industry average Forward P/E of 19.2.
We can also see that LOW currently has a PEG ratio of 2.49. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Retail - Home Furnishings industry held an average PEG ratio of 1.93.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 178, this industry ranks in the bottom 28% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Lowe's (LOW) Dips More Than Broader Market: What You Should Know
Lowe's (LOW - Free Report) ended the recent trading session at $184.35, demonstrating a -1.55% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.25%. On the other hand, the Dow registered a loss of 0.86%, and the technology-centric Nasdaq increased by 0.24%.
The home improvement retailer's stock has dropped by 6.39% in the past month, exceeding the Retail-Wholesale sector's loss of 6.54% and lagging the S&P 500's loss of 0.42%.
Market participants will be closely following the financial results of Lowe's in its upcoming release. The company plans to announce its earnings on November 18, 2026. The company's upcoming EPS is projected at $2.88, signifying a 5.88% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $22.39 billion, up 7.59% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.27 per share and revenue of $92.03 billion, indicating changes of -0.16% and +6.66%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Lowe's. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.01% lower within the past month. Right now, Lowe's possesses a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Lowe's has a Forward P/E ratio of 15.26 right now. This represents a discount compared to its industry average Forward P/E of 19.2.
We can also see that LOW currently has a PEG ratio of 2.49. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Retail - Home Furnishings industry held an average PEG ratio of 1.93.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 178, this industry ranks in the bottom 28% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.