Company Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Appoints Jennifer L. Weber As Chief Human Resources Officer

[PR Newswire] – MOORESVILLE, N.C., Jan. 14, 2016 /PRNewswire/ — Lowe’s Companies, Inc. (LOW) today announced that Jennifer L. Weber has been named the company’s chief human resources officer, effective March 1. She will report to Chairman, President and CEO Robert A. Niblock. Weber will succeed Maureen K. Ausura, who announced plans to retire after 11 years with the company. Weber, 49, will oversee global human resources practices, policies and operations that will enable Lowe’s to attract, motivate, develop and retain outstanding employees. Read more on this. Lowe’s Companies, Inc. (LOW) , currently valued at $63.53B, began trading this morning at $69.85. Looking at the equity, the company’s one day range is $67.65 to $70.30 and has traded between $64.22 and $78.13 over the past year. Priced at 22.07x this year’s forecasted earnings, LOW shares are relatively expensive compared to the industry’s 10.49x forward p/e ratio. The company pays shareholders $1.12 per share in dividend income per year, for a current yield of 1.58%. Consensus earnings for the current quarter by the 26 sell-side analysts covering the stock is an estimate of $0.59 per share, which would be $0.13 better than the year-ago quarter and a $0.00 sequential decrease. Investors should also note that the full-year EPS estimate of $3.32 is a $0.62 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $13.06 Billion. If realized, that would be a 4.15% increase over the year-ago quarter. Recently, Wedbush upgraded LOW from Neutral to Outperform (Jun 15, 2015). Previously, Atlantic Equities Initiated LOW at to Neutral. Given all the information above, we should disclose to readers that the average price target is $83.14, which is 19.03% above than it opened this morning. See more in (NYSE:LOW) Similar Articles: Market Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Companies, Inc. Declares Cash Dividend Company Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Companies, Inc. Invites You to Join Its Third Quarter 2015 Earnings Conference Call Webcast Company Update (NYSE:JCI): Johnson Controls appoints Simon Davis vice president, chief human resources officer