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Lowe's (LOW) Beats Stock Market Upswing: What Investors Need to Know

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Lowe's (LOW - Free Report) closed the most recent trading day at $198.65, moving +1.39% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow gained 1.02%, while the tech-heavy Nasdaq lost 0.02%.

Shares of the home improvement retailer witnessed a gain of 2.59% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 4.46%, and outperforming the S&P 500's gain of 0.67%.

The investment community will be closely monitoring the performance of Lowe's in its forthcoming earnings report. The company is scheduled to release its earnings on November 18, 2026. The company is expected to report EPS of $2.86, down 6.54% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $22.37 billion, indicating a 7.46% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $12.26 per share and revenue of $91.99 billion. These totals would mark changes of -0.24% and +6.61%, respectively, from last year.

Investors should also take note of any recent adjustments to analyst estimates for Lowe's. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% downward. Lowe's is currently sporting a Zacks Rank of #4 (Sell).

With respect to valuation, Lowe's is currently being traded at a Forward P/E ratio of 15.98. This denotes a discount relative to the industry average Forward P/E of 17.04.

We can additionally observe that LOW currently boasts a PEG ratio of 1.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Retail - Home Furnishings industry had an average PEG ratio of 1.53.

The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 79, finds itself in the top 33% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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