LOW stock: buy or sell

LOW stock price: $198.91 -0.71% At close on May 14th, 2021

Updated on:
May 17th, 2021

2

LOW stock brief

  • Lowe's closed last Friday at $198.91 after slightly moving a -0.71%.
  • Lowe's is presenting its earnings report on Wednesday
  • The stock is configuring an uptrend pattern since last March, when it bottomed at $150.40. This rally marked a 32.25% gain
  • Jefferies Financial Group posted a strong bullish rating for Lowe's last Friday, with a forecast of $247.00
  • Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally.

Should I buy Lowe's stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $LOW stock a buy?

Currently, Lowe's stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $LOW will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Lowe's stock?

"To sell or not to sell", if you are holding Lowe's shares?. Trading strategies allow us to avoid rash decisions based on our emotions or the buzz that surrounds the market. Our trading system selects very simple strategies to guide us on when is a good time to sell our shares. Be aware that these strategies should not be used for shorting $LOW stock

A guiding principle is that you should not hold an operation that leads to higher than expected losses at the time of purchase. When to sell shares should always be determined by the stop-loss (automatic or manual)

Is it time to sell Lowe's stock?

Currently, Lowe's stock doesn't match any of our preferred sell setups, so if you own Lowe's stock and your operation is in profit probably is not time to sell now

Lowe's ratings

In the last 30 days, 10 analyst ratings were published for Lowe's

Lowe's analysts' ratings - Last month
Brokerage firmRating
Apr 19th, 2021
JPMorgan Chase & Co. Neutral
Loop Capital Strong buy
Apr 20th, 2021
Atlantic Securities NeutralBuy
Apr 21st, 2021
Zelman & Associates Strong buyNeutral
Apr 26th, 2021
JPMorgan Chase & Co. Neutral
May 4th, 2021
Citigroup Neutral
May 5th, 2021
Wells Fargo & Company Buy
May 12th, 2021
Morgan Stanley Buy
May 13th, 2021
Oppenheimer
May 14th, 2021
Jefferies Financial Group Strong buy

Lowe's stock analysis

Since last March, Lowe's has been printing an uptrend that so far marked an amazing 32.25%. Rising peaks and troughs can be seen easily on a chart and how price offered very few buy points on the breakouts. Latest pullback was in late April, when price bounced at $195.27. Now, the price trades in a consolidation between its last top ($215.22) and its last bottom ($195.27)

SMAs overview

LOW stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $208.37 (4.76% above)
  • R2: $215.22 (8.20% above)
  • The current support levels are:

  • S1: $195.27 (-1.83% below)
  • S2: $178.93 (-10.04% below)
  • S3: $178.89 (-10.06% below)
  • Bollinger bands

    Since the price surpassed the upper band on May 10, the price dropped by 7.58%. The price is trading very close to the lower Bollinger band, signaling some level of oversold in recent sessions. This is not a buy point, as price can trade in these levels for many days and weeks

    LOW stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last Tuesday after just crossing to the overbough zone for a single day (weak signal). The RSI reading last Friday was 50.32. Lowe's shares collapsed a 5.87% since RSI lost the overbought zone

    LOW stock RSI chart

    Lowe's stock price history

    Lowe's started trading on Mar 17th, 1980 priced at $0.00 per share1. Since then, LOW stock surged by -, with an average of 0.00% per year. If you had invested thousand dollars in Lowe's stock on the IPO, it would be valued $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    LOW stock price history chart

    Price target for Lowe's stock

    Nobody knows how much a share will be priced tomorrow. Banks and financial organisations publish their analysis predicting how a stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions post their price forecasts based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental information by the company, and usually. If you are a small investor you shouldn't trade based on these predictions.

    The average price target for Lowe's stock calculated from the table below is $226.22. Lowe's closed at $198.91 last Friday, that is a 12.07% than the forecasted price.

    Lowe's stock price predictions
    Brokerage firmPrice target
    Apr 19th, 2021
    JPMorgan Chase & Co. $177.00$204.00
    Loop Capital $195.00$220.00
    Apr 20th, 2021
    Atlantic Securities $240.00
    Apr 21st, 2021
    Zelman & Associates Not available
    Apr 26th, 2021
    JPMorgan Chase & Co. $177.00$204.00
    May 4th, 2021
    Citigroup $195.00$239.00
    May 5th, 2021
    Wells Fargo & Company $210.00$225.00
    May 12th, 2021
    Morgan Stanley $210.00$222.00
    May 13th, 2021
    Oppenheimer $235.00
    May 14th, 2021
    Jefferies Financial Group $200.00$247.00

    Earnings and financials

    LOW ($LOW) is hosting the quarterly earnings call on Wednesday. Analysts forecast of $2.54, that is a 90.98% higher than previous quarter. Revenue estimates are $23.4 billion.

    In case you are a shareholder of Lowe's stock, you should review your stop-loss, as financial report release date has higher than usual volatility. You can find more details about the earnings call and the financial reports on the Investor Relations section of its website: http://www.lowes.com.

    Last February, Lowe's ($LOW) had the investors event and posted the report. LOW topped Wall St estimates and reported of $1.33, that is a 11.76% better than expected versus the previous predictions of $1.19. Aligned to this, reported revenues were $20.3 billion versus estimates of $19.2 billion.

    Same quarter one year ago, reported EPS was $0.94, so recently posted EPS is an improvement of 41.49%. Turnover skyrocketed a 26.73% on an annualized basis in the , from $160.3B to $203.1B last quarter.

    Lowe's competitors

    Lowe's belongs to the Home Improvement Retail industry, where it has industry peers.

    Lowe's most relevant competitors are:

    Lowe's competitors
    CompanyMarket capRatingBullish ratings1
    Lowe's ($LOW) $131.2B Buy 5
    Home Depot ($HD) $303.7B Buy 7
    Builders FirstSource (BLDR) $8.7B Buy 6
    Lumber Liquidators (LL) $730.3M Neutral 0

    1 In the last 30 days.

    Lowe's performance

    To better understand Lowe's performance you must compare its gains with other related stocks in same sector or industry.. For Lowe's, the benchmark is made against Home Depot, Builders FirstSource and Lumber Liquidators.

    LOW performance compared
    Company1m3m6m
    Lowe's ($LOW) -3.40% 13.20% 25.70%
    Home Depot ($HD) -0.40% 17.60% 15.70%
    Builders FirstSource (BLDR) -2.60% 9.00% 40.30%
    Lumber Liquidators (LL) -11.10% -16.90% -7.20%

    Important:
    The viewpoints given in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not know the particular conditions of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are published for learning purposes only

    LOW summary

    Friday, May 14th, 2021
    Open$201.71
    Close$198.91
    Day range$197.22 - $202.22
    Previous close$200.34
    Session gain-0.71%
    Average true range$6.00
    50d mov avg$190.96
    100d mov avg$179.01
    200d mov avg$169.38
    Earnings dateMay 19th, 2021

    Frequently asked questions

    What is Lowe's stock symbol?

    Lowe's Companies, Inc. is a public company trading in the US stock market with the LOW symbol

    Is Lowe's stock a buy or sell?

    Lowe's received 10 ratings in the last 30 days: 5 bullish, 0 bearish and 4 neutral.

    Will LOW go up?

    Lowe's had different price predictions issued by market analysts in the last month forecasting the target price to $226.22. That is a 13.73% than the current price ($198.91).