Company Update (NYSE:LOW): /R E P E A T — Media advisory – Meeting with Sylvain Prud’homme, President and CEO of Lowe’s Canada/

[CNW Group] – /R E P E A T — Media advisory – Meeting with Sylvain Prud’homme, President and CEO of Lowe’s Canada/ Read more on this. Lowe’s Companies, Inc. (LOW) , with a current value of $71.44B, began trading this morning at $79.07. Looking at today’s trading action, the company’s one day range from $78.93 to $79.95 with a trailing 52-week range being $62.62 to $80.33. LOW shares are currently priced at 19.47x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 3.65x forward p/e ratio. And for passive income investors, the company pays shareholders $1.12 per share annually in dividends, yielding 1.40%. Consensus earnings for the current quarter by the 26 sell-side analysts covering the stock is an estimate of $1.41 per share, which would be $0.21 better than the year-ago quarter and a $0.02 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $4.05 is a $0.76 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $18.23 Billion. If reported, that would be a 5.07% increase over the year-ago quarter. More recently, Topeka Capital Markets Initiated LOW at Hold (May 24, 2016). Previously, Citigroup upgraded LOW from Neutral to Buy. Investors should keep in mind is that the average price target is $85.96, which is 8.71% above where the stock opened this morning. See more in (NYSE:LOW) Similar Articles: Stock Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Receives Investment Canada Approval And Competition Bureau Clearance For Its Pending Acquisition Of RONA Company Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Names Hub Group Intermodal Carrier of the Year and Platinum Service Award Winner Again Stock Update: Lowes Companies Inc (NYSE:LOW) – Google Partners With Lowe’s For New DIY Tools