Lowe’s Companies (LOW) Offering Possible 14.29% Return Over the Next 24 Calendar Days

Lowe's Companies's most recent trend suggests a bullish bias. One trading opportunity on Lowe's Companies is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 14.29% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $8.75 would be incurred if the stock dropped below the $105.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lowe's Companies is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Lowe's Companies is bullish.

The RSI indicator is at 77.69 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Lowe's Companies

The effects of Orchard Supply Hardware's closure go beyond job losses
Fri, 21 Sep 2018 17:24:50 +0000
As the homegrown do-it-yourself stalwart prepares to say goodbye, real estate experts look back with fondness — while looking forward to new opportunities.

Why Is Lowe's (LOW) Up 8.9% Since Last Earnings Report?
Fri, 21 Sep 2018 13:30:01 +0000
Lowe's (LOW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Lowe’s: Analysts Favor a ‘Buy’ Rating
Thu, 20 Sep 2018 11:32:06 +0000
Can Lowe’s Upward Momentum Continue? Of the 33 analysts that follow Lowe’s (LOW), 78.8% recommended a “buy” as of September 18, while 21.2% recommended a “hold.” On the same day, analysts set an average target price of $118.82, which represents a return potential of 2.8% from its stock price of $115.55. Since the announcement of Lowe’s second-quarter earnings on August 22, UBS, Raymond James, Stifel, SunTrust Robinson, Jefferies, Wedbush, and RBC have all raised their target prices. Wedbush raised its target price from $92 to $105.

Why Analysts Expect Lowe’s Earnings to Rise
Wed, 19 Sep 2018 18:40:02 +0000
For the next four quarters, analysts expect Lowe’s (LOW) to post an EPS of $5.42, which represents 7.3% growth from $5.0 in the same four quarters the previous year.

What to Expect from Lowe’s Revenues
Wed, 19 Sep 2018 17:10:02 +0000
Can Lowe’s Upward Momentum Continue? For the next four quarters, analysts expect Lowe’s (LOW) to post revenues of $72.79—a rise of 3.2% from $70.51 billion in the same four quarters the previous year. Accounting for the closure of Orchard Supply Hardware stores and the inventory rationalization initiative, Lowe’s management lowered its 2018 revenue growth guidance to 4.5% from the earlier guidance of 5.0%.

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