Lowe's Companies Inc. (LOW): Today's Featured Retail Loser
(
) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day up 3.6%. By the end of trading, Lowe's Companies Inc fell 28 cents (-1.1%) to $24.02 on heavy volume. Throughout the day, 25.4 million shares of Lowe's Companies Inc exchanged hands as compared to its average daily volume of 15.6 million shares. The stock ranged in price between $23.75-$25.10 after having opened the day at $24.90 as compared to the previous trading day's close of $24.30. Other company's within the Retail industry that declined today were:
(
), down 7.1%,
(
), down 6.7%,
(
), down 6.2%, and
(
), down 5.1%.
Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. The company offers a range of products for maintenance, repair, remodeling, home decorating, and property maintenance. Lowe's Companies Inc has a market cap of $28.59 billion and is part of the
sector. The company has a P/E ratio of 15.8, below the average retail industry P/E ratio of 16.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Lowe's Companies as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.
- You can view the full Lowe's Companies Ratings Report.
On the positive front,
(
), up 13.4%,
Haverty Furniture Companies Inc
(
), up 12.7%,
Haverty Furniture Companies CL A
(
), up 12.4%, and
(
), up 11.8%, were all gainers within the retail industry with
(
) being today's featured retail industry winner.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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