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Here's What's Driving Lowe's Stock Lower Today. James Brumley, The Motley Fool. November 19, 2024 at 12:33 PM ... The results were bad enough to leave Lowe's stock down 4% as of mid-session Tuesday.
Data source: Company earnings reports. For fiscal 2024, Home Depot expects its comps to dip by 2.5%, while Lowe's is guiding for a steeper decline of 3% to 3.5%.
Investors should first understand that Lowe's is a value stock. To some investors, Lowe's Companies (NYSE: LOW) stock can look like a desirable holding. Despite its challenges, it is the second ...
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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 ...
Shares of Lowe's are up 20% year to date, compared to the S&P 500's 24% gain, according to Yahoo Finance Data. Rival Home Depot is up 17% in 2024. Rival Home Depot is up 17% in 2024.
Still, Lowe's is trading below its target prices and not everyone is on board with the company's recent financial performance. Lowe's is trading at about $100 per share, with a consensus one-year ...
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