LOW - Embedded Expectations Analysis - 2017 12 22
ï€ Lowe's Companies, Inc. (LOW:USA) currently trades near historical averages relative to UAFRS-based (Uniform) Earnings, with a 21.5x Uniform P/E. At these levels, the market has fairly bullish expectations for the firm, while management is optimistic about their initiatives, as well as their business in Mexicoï€ Specifically, management generated an excitement marker when saying that the addition of the Craftsman brand in 2018 will continue to propel them forward with DIY and Pro customers. Additionally, they are confident about the value of their exclusive free shipping offering for MyLowe's members, and about their efforts to meet their Pro customers' needs in a dynamic marketplace. They are also confident that they are well on the path to doubling their business in Mexico over three years
Lowe's Companies is a home improvement retailer. The company provides home improvement products in lumber and building materials, appliances, seasonal and outdoor living, tools and hardware, fashion fixtures, rough plumbing and electrical, paint, millwork, lawn and garden, flooring, and kitchens categories. The company provides installation services through independent contractors in product categories, including appliances, flooring, kitchens, lumber and building materials, and millwork. The company also provides extended protection plans for various products within the appliances, kitchens, fashion fixtures, millwork, rough plumbing and electrical, seasonal and outdoor living, and tools and hardware categories.
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