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Added to YB: 2024-03-26

Pitch date: 2024-03-24

LOW [neutral]

Lowe's Companies, Inc.

-1.14%

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.

Market Cap

$137.3B

Pitch Price

$250.15

Price Target

N/A

Dividend

1.96%

EV/EBITDA

13.47

P/E

20.29

EV/Sales

2.15

Sector

Specialty Retail

Category

value

Show full summary:
Pershing Square Exited Portfolio Holding: Lowe's Companies, Inc.

LOW: Pershing Square exits after 6yr hold, 175% gain. Saw opportunity to close gap with HD via new mgmt. CEO Ellison & team delivered: +32% 5yr US comps, margins +475bps to 13.3%, EPS +160%. Sold on valuation with near-term risks. Still long-term bullish.

Read full article (2 min)