Professional
Added to YB: 2024-08-15
Pitch date: 2024-06-30
LOW [bullish]
Lowe's Companies, Inc.
+10.82%
current return
Author Info
No bio for this author
Company Info
Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and Canada.
Market Cap
$129.4B
Pitch Price
$212.24
Price Target
N/A
Dividend
2.08%
EV/EBITDA
12.08
P/E
19.50
EV/Sales
2.01
Sector
Specialty Retail
Category
value
Matrix Asset Advisors New Portfolio Holding: Lowe's Companies, Inc.
LOW: #2 home improvement retailer (20% market share) behind Home Depot (29%). Long history of double-digit rev/earnings growth, high ROC. COVID beneficiary, but shares down from $260 peak to $215. Attractive at 15-16x P/E vs typical 20x+. Industry consolidating around LOW/HD due to selection, prices, service. Strong growth potential in core remodeling biz.
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