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How to Buy Lowes Companies Stock

Lowes Companies Inc

Lowes Companies is a home improvement company located in North Carolina, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker LOW on the NYSE exchange.

Lowes Companies stock last closed at $225.02, up 3.05% from the previous day, and has increased 5.46% in one year. It has underperformed other stocks in the Home Improvement Retail industry by 0.07 percentage points. Lowes Companies stock is currently +23.74% from its 52-week low of $181.85, and -14.27% from its 52-week high of $262.49.

There are currently 569.84M shares of LOW outstanding. The market capitalization of LOW is $128.22B. In the last 24 hours, 3.58M LOW shares were traded.

How to Buy Lowes Companies Stock

Wondering how to invest in Lowes Companies stock? Here's how.
  1. Decide where to buy Lowes Companies stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Lowes Companies stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your method of payment and add your information.
  4. Research Lowes Companies stock: The Lowes Companies ticker symbol is LOW. Is Lowes Companies stock a good investment? Should you buy shares of LOW? How do LOW's underlying business fundamentals look? Do top analysts think Lowes Companies is a good buy? Why has LOW's stock price moved recently? (Hint: Our stock market research tools can help you understand if LOW is a good stock to buy).
  5. Place your LOW buy order: Decide if you will purchase LOW shares at the current market price or use a limit order to buy LOW stock at a given price.
  6. Monitor your LOW investment: Create a watchlist to the latest updates on your position in Lowes Companies shares.

Step 1: Decide where to buy Lowes Companies stock

You will need an online brokerage account to access the NYSE market and buy LOW stock.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal details so you can buy LOW stock today.

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Step 4: Research Lowes Companies stock

After you have chosen the best place to buy Lowes Companies stock, it's critical to analyze their stock before you buy, so you truly understand the risk as well as the opportunity.

Lowes Companies stock data

LOW Price
$225.02
1w %
2.53%
1y %
5.46%
5y %
133.59%
P/E
18.02x
P/B
-8.78x
P/S
1.5x
PEG
3.37x
Revenue
$85.39B
Earnings
$7.22B
Fore. Rev. Growth
1.77%
Fore. Earn. Growth
5.34%
Market Cap
$128.22B
Next Earnings
N/A
Next Dividend
Aug 7, 2024

Lowes Companies Due Diligence Checks

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on LOW's stock page.

Is LOW stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge LOW's intrinsic value.

Using relative valuations ratios:

  • LOW may be undervalued based on its P/E ratio of 18.02x, relative to Home Improvement Retail industry P/E ratio of 22.61x
  • LOW could be overvalued based on its PEG ratio of 3.37x

You can do additional valuation research on LOW's stock here.

LOW Financial Summary

Signs that LOW is financially healthy:

  • LOW profit margin has gone up from 6.6% to 8.5% in the past year.
  • LOW earnings of $10.92B is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the LOW balance sheet.
  • LOW's operating cash flow of $10.30B allows it to safely service it's debt of $40.23B.

Signs that LOW is not financially healthy:

  • There are more long-term liabilities than short-term assets on the LOW balance sheet.
  • Total LOW debt is still negative.
  • LOW debt to equity ratio of -4.11 is negative.

Is it a good time to buy Lowes Companies stock, according to Wall Street analysts?

Out of 20 Wall Street analysts who track LOW, the consensus analyst rating on LOW is a Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Latest LOW Analyst Ratings

Joe Feldman, a top 1% analyst from Telsey Advisory Group maintains LOW with a hold rating and maintains their LOW price target from $230.00 to $230.00, on May 21, 2024.

W. Andrew Carter, a bottom 9% analyst from Stifel Nicolaus maintains LOW with a hold rating and raises their LOW price target from $225.00 to $250.00, on May 13, 2024.

Steven Zaccone, a top 27% analyst from Citigroup maintains LOW with a hold rating and lowers their LOW price target from $243.00 to $240.00, on May 7, 2024.

Chuck Grom, a top 11% analyst from Gordon Haskett downgrades LOW to a hold rating and announces their LOW price target of $245.00, on Apr 3, 2024.

David Bellinger, a bottom 5% analyst from Mizuho initiates coverage on LOW with a strong buy rating and announces their LOW price target of $280.00, on Mar 19, 2024.

You can dig deeper into what analysts are projecting on the Lowes Companies stock forecast page.

LOW Momentum

SMA10
218.61
SMA20
221.15
SMA50
228.26
SMA100
231.05
SMA200
220.12
MACD
-2.9
MACD Signal
-3.75
MACD Histogram
0.85
RSI
53.21
Stochastic %K
52.72
Stochastic %D
36.34
StochRSI %K
97.78
StochRSI %D
88.93

Is LOW Growing Revenue?

Last year, LOW earnings were $7.22B. In the last 5 year, LOW's earnings have grown by 33.46% per year. This was faster than the Home Improvement Retail industry average of 15.49%.

Last year, LOW revenue was $85.39B. In the past five year, LOW's revenue has grown by 3.56% per year. This was slower than the Home Improvement Retail industry average of 6.31%.

Find out more about LOW's earnings and revenue performance here.

Latest Insiders Trades at LOW

In the past year, executives and large shareholders at LOW have sold more shares than they have bought.

William P. Boltz, EVP Merchandising of LOW, was the latest LOW insider to sell. They sold $1,990,999.36 worth of LOW stock on Apr 1, 2024.

Get more info about who owns LOW shares here.

Does LOW stock generate passive income?

Lowes Companies pays a dividend of 1.96%, compared to the Home Improvement Retail industry's average dividend yield of 4.11%. If you owned $1,000 of LOW stock, you would have received $19.55 in the past 12 months.

Lowes Companies dividend payments have consistently grown over the past decade and have remained stable.

Find more data about Lowes Companies dividend yield and history here.

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Step 5: Place your LOW buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount, use a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Monitor your LOW investment

Now that you own some LOW shares, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to track the most important metrics related to your LOW stock.

LOW Feed

How to Buy Stock in Lowes Companies

To summarize, here are the 6 steps to buy stock in Lowes Companies:

  1. Decide where to buy Lowes Companies stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Research Lowes Companies stock
  5. Place your LOW buy order
  6. Monitor your LOW investment

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Lowes Companies, create a watchlist today.

NYSE: LOW
$225.02+6.67 (+3.05%)
Updated Jun 12, 2024
Open eToro Account
NYSE: LOW
$225.02+6.67 (+3.05%)
Updated Jun 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lowes Companies share?

As of Jun 12, 2024, it costs $225.02 to buy one share of Lowes Companies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.444 shares of LOW.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lowes Companies stock?

According to 20 Wall Street analysts who monitor Lowes Companies, their consensus recommendation is to buy Lowes Companies stock.

What is the best way to buy Lowes Companies stock?

One way to place an order for Lowes Companies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.