In the latest close session, Lowe's (LOW) was down 2.83% at $233.51. This move lagged the S&P 500's daily loss of 0.04%. On the other hand, the Dow registered a loss of 0.57%, and the technology-centric Nasdaq increased by 0.04%.
Coming into today, shares of the home improvement retailer had gained 1.71% in the past month. In that same time, the Retail-Wholesale sector gained 12.89%, while the S&P 500 gained 12.24%.
Investors will be eagerly watching for the performance of Lowe's in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 20, 2026. The company is predicted to post an EPS of $2.96, indicating a 1.37% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $22.91 billion, showing a 9.48% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12.69 per share and revenue of $93.31 billion, which would represent changes of +3.25% and +8.14%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Lowe's. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Lowe's presently features a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Lowe's has a Forward P/E ratio of 18.94 right now. This signifies a discount in comparison to the average Forward P/E of 21.58 for its industry.
Investors should also note that LOW has a PEG ratio of 5.19 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Retail - Home Furnishings industry held an average PEG ratio of 1.84.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).