We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Lowe's (LOW) Stock Drops Despite Market Gains: Important Facts to Note
Read MoreHide Full Article
In the latest trading session, Lowe's (LOW - Free Report) closed at $213.38, marking a -2.19% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.37%. Meanwhile, the Dow lost 0.38%, and the Nasdaq, a tech-heavy index, added 0.83%.
Prior to today's trading, shares of the home improvement retailer had gained 21.53% outpaced the Retail-Wholesale sector's gain of 6.26% and the S&P 500's loss of 2.29%.
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. On that day, Lowe's is projected to report earnings of $2.86 per share, which would represent a year-over-year decline of 6.54%. Simultaneously, our latest consensus estimate expects the revenue to be $22.36 billion, showing a 7.42% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.25 per share and a revenue of $91.96 billion, signifying shifts of -0.33% and +9.15%, respectively, from the 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, there's been a 0.06% fall in the Zacks Consensus EPS estimate. Lowe's currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, Lowe's is holding a Forward P/E ratio of 17.8. This signifies a discount in comparison to the average Forward P/E of 18.13 for its industry.
It's also important to note that LOW currently trades at a PEG ratio of 1.83. 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. As of the close of trade yesterday, the Retail - Home Furnishings industry held an average PEG ratio of 1.67.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 107, placing it within the top 44% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Lowe's (LOW) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Lowe's (LOW - Free Report) closed at $213.38, marking a -2.19% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.37%. Meanwhile, the Dow lost 0.38%, and the Nasdaq, a tech-heavy index, added 0.83%.
Prior to today's trading, shares of the home improvement retailer had gained 21.53% outpaced the Retail-Wholesale sector's gain of 6.26% and the S&P 500's loss of 2.29%.
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. On that day, Lowe's is projected to report earnings of $2.86 per share, which would represent a year-over-year decline of 6.54%. Simultaneously, our latest consensus estimate expects the revenue to be $22.36 billion, showing a 7.42% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.25 per share and a revenue of $91.96 billion, signifying shifts of -0.33% and +9.15%, respectively, from the 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, there's been a 0.06% fall in the Zacks Consensus EPS estimate. Lowe's currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, Lowe's is holding a Forward P/E ratio of 17.8. This signifies a discount in comparison to the average Forward P/E of 18.13 for its industry.
It's also important to note that LOW currently trades at a PEG ratio of 1.83. 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. As of the close of trade yesterday, the Retail - Home Furnishings industry held an average PEG ratio of 1.67.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 107, placing it within the top 44% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.