The Latest Breaking News from Lowe Companies

Someone with a lot of money to spend has taken a bearish stance on Lowe's Companies (NYSE:LOW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 15 years by 5.87% on an annualized basis producing an average annual return of 12.32%. Currently, Lowe's Companies has a market capitalization of $120.29 billion.

Lowe's Companies's (NYSE:LOW) short percent of float has risen 21.09% since its last report. The company recently reported that it has 10.26 million shares sold short, which is 1.55% of all regular shares that are available for trading.

Over the past 3 months, 4 analysts have published their opinion on Lowe's Companies (NYSE:LOW) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Upgrades

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 5 years by 6.76% on an annualized basis producing an average annual return of 18.29%. Currently, Lowe's Companies has a market capitalization of $130.69 billion.

A whale with a lot of money to spend has taken a noticeably bearish stance on Lowe's Companies. Looking at options history for Lowe's Companies (NYSE:LOW) we detected 17 strange trades.

If history is any guide, there may be trouble ahead for shares of Lowe's Companies (NYSE:LOW). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

  Lowe's Companies (NYSE:LOW) reported its Q4 earnings results on Wednesday, February 23, 2022 at 06:00 AM. Here's what investors need to know about the announcement.