The company is aiming to grow its business with professional contractors.
The acquisition is expected to expand the retailer's total addressable market by about $50 billion, Lowe's said.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Lowe's (LOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Despite recent struggles, Lowe's Companies, Inc. shows potential for revenue growth in 2025, with management expecting a slight increase in sales compared to 2024. The company continues to return significant capital to shareholders through dividends and share buybacks, enhancing investor value despite current challenges. Lowe's is trading at a meaningful discount compared to The Home Depot, making it an attractive investment despite lower margins and higher net leverage.
Lowe's (LOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lowe's (LOW) have what it takes?
In the latest trading session, Lowe's (LOW) closed at $232.05, marking a +0.59% move from the previous day.
Lowe's (LOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Lowe's is a strong long-term investment with solid profitability, disciplined cost management, and ongoing digital transformation and customer loyalty investments. The recent price dip makes Lowe's valuation attractive, trading below its historical P/E ratio and enhancing the benefits of share repurchases. AI-driven initiatives, an expanding pro customer base, and sustained online momentum position Lowe's for steady earnings growth in the coming years.
Lowe's has introduced an artificial intelligence (AI)-powered virtual home improvement assistant. Dubbed “Mylow” and introduced by the home improvement retailer Wednesday (March 12), the tool lets customers get answers to project how-to questions while also searching for the proper products for their job.
Lowe's (LOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.