Lowe’s Companies (LOW) shares clocked seven straight sessions of gains, as the stock was up 0.3% at $275.06 on Wednesday.
The home improvement retail company gained 11.3% in the preceding six sessions. The stock dropped over 2% so far this year, compared to a near 17% rise in the broader S&P 500 Index.
Looking at Seeking Alpha’s Quant Rating, LOW has a Hold rating with a score of 3.1 out of 5. The company received A+ in the prospect of profitability, while it received a D in growth.
Turning to the Wall Street community, 22 analysts gave LOW a Buy and above rating. 12 analysts have given the stock a Hold recommendation, while one recommended Sell.
Seeking Alpha analysts are also cautious and see the stock as a Hold.
“LOW trades at a premium to sector and historical multiples, which appears unjustified given flat sales and margin compression”, pointed out a Seeking Alpha analysis.