Investors are talking about the latest forecast for Lowe`s Companies Inc($LOW)

Market Data

In this article we will be analyzing Lowe`s Companies Inc. We will be looking over the current market data to assess wether or not it is a good investment. To get started, the stock opened this morning at $196.94 and has moved $0.389999999999986 from yesterday’s closing price of $195.75. The high for today is $198.86 and the low is $195.82. A great indicator of where a stock is trending is by looking at it’s 52-week high/low. This is a technical indicator used by some traders and investors who view these figures as an important factor in the analysis of a stock’s current value and as a predictor of its future price movement. The 52-week high for Lowe`s Companies Inc is $215.22 and the low is $135.8. The volume (the number of shares traded in a stock or contracts traded in futures or options.) is 4920216. Now that we know where Lowe`s Companies Inc stands in price and volume, let’s learn more about the future of the company.

Forecast & Beta

As an investor, you can get an idea of where the stock is trending by the forecast and beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security’s price tends to move with the market. A beta greater than 1 indicates that the security’s price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market. Lowe`s Companies Inc has a beta of 1.33838. Knowing all of this, we project that Lowe`s Companies Inc will have a price of $234.6 in 12-months compared to it’s current price of $196.14 ($221.63 difference). We can also take a look at the comapany’s marketcap. Marketcap is important because it allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market’s perception of its prospects, because it reflects what investors are willing to pay for its stock. Lowe`s Companies Inc has a marketcap of $137334600000.

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