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Is Lowe's Companies (LOW) a Great Value Stock Right Now?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Lowe's Companies (LOW - Free Report) is a stock many investors are watching right now. LOW is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 12.90 right now. For comparison, its industry sports an average P/E of 14.69. Over the past year, LOW's Forward P/E has been as high as 20.83 and as low as 12.31, with a median of 17.53.
Investors will also notice that LOW has a PEG ratio of 1.03. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. LOW's industry has an average PEG of 1.40 right now. Over the last 12 months, LOW's PEG has been as high as 1.48 and as low as 0.98, with a median of 1.26.
Finally, our model also underscores that LOW has a P/CF ratio of 11.53. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 11.75. Within the past 12 months, LOW's P/CF has been as high as 18.86 and as low as 10.93, with a median of 15.69.
These are just a handful of the figures considered in Lowe's Companies's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that LOW is an impressive value stock right now.
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Is Lowe's Companies (LOW) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Lowe's Companies (LOW - Free Report) is a stock many investors are watching right now. LOW is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 12.90 right now. For comparison, its industry sports an average P/E of 14.69. Over the past year, LOW's Forward P/E has been as high as 20.83 and as low as 12.31, with a median of 17.53.
Investors will also notice that LOW has a PEG ratio of 1.03. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. LOW's industry has an average PEG of 1.40 right now. Over the last 12 months, LOW's PEG has been as high as 1.48 and as low as 0.98, with a median of 1.26.
Finally, our model also underscores that LOW has a P/CF ratio of 11.53. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 11.75. Within the past 12 months, LOW's P/CF has been as high as 18.86 and as low as 10.93, with a median of 15.69.
These are just a handful of the figures considered in Lowe's Companies's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that LOW is an impressive value stock right now.