Lowe’s Stock Hits $278.28 (+1.23%), Lags S&P 500’s 2.05% Rally
Lowe’s shares closed at $278.28, up 1.23% but trailing the S&P 500’s 2.05% gain and posting a 7.29% one-month rise versus the Retail-Wholesale sector’s 1.28% gain. The retailer will report Feb 25 earnings, with analysts forecasting $1.95 EPS (+1.04% yoy) on $20.35 B revenue (+9.71%).
1. Recent Stock Performance
Lowe’s closed the latest session at $278.28, marking a 1.23% gain that trailed the S&P 500’s 2.05% advance, the Dow’s 2.54% rise and the Nasdaq’s 2.27% gain. Over the past month, Lowe’s shares have climbed 7.29%, outperforming the Retail-Wholesale sector’s 1.28% increase and the S&P 500’s 1.49% decline.
2. Upcoming Earnings Estimates
The company is scheduled to release quarterly results on Feb 25, with analysts projecting earnings of $1.95 per share—a 1.04% year-over-year increase—on revenue of $20.35 billion, representing a 9.71% rise versus the prior-year quarter.
3. Valuation and Analyst Ratings
Lowe’s forward price/earnings ratio stands at 21.15, in line with the industry average, while its PEG ratio of 4.3 exceeds the Retail-Home Furnishings industry average of 2.03. The industry ranks in the bottom 14% of sectors, reflecting cautious analyst sentiment and a consensus sell rating.