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Added to YB: 2024-05-15

Pitch date: 2024-04-11

LOW [bullish]

Lowe's Companies, Inc.

+9.59%

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

$225.64

Price Target

N/A

Dividend

1.96%

EV/EBITDA

13.47

P/E

20.29

EV/Sales

2.15

Sector

Specialty Retail

Category

turnaround

Show full summary:
Aristotle Capital Value Equity Strategy New Position: Lowe's Companies, Inc.

LOW: #2 home improvement retailer closing gap with HD under new mgmt. Economies of scale, expertise, limited online disruption risk. Underappreciated market share & margin gain potential from supply chain, IT, omnichannel upgrades. Large upside in pro customer push (70 visits/yr vs 4 for DIY) & store efficiency focus vs expansion.

Read full article (2 min)