Company Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Names Hub Group Intermodal Carrier of the Year and Platinum Service Award Winner Again

[PR Newswire] – OAK BROOK, Ill., April 15, 2016 /PRNewswire/ — Hub Group (HUBG) announced today that it has received the Intermodal Carrier of the Year and the Platinum Service Award honors from Lowe’s Companies, Inc. (LOW) for the fifth and sixth year in a row, respectively. “It’s hard to express how proud we are to have such an outstanding relationship with a distinguished organization like Lowe’s,” said David P. Yeager, Chairman and CEO of Hub Group. To attain Lowe’s Platinum Service Award, the highest service award Lowe’s presents to its transportation providers, companies must achieve a total score of at least 99 percent on a combination of three weighted criteria: on-time percentage, EDI compliance and load acceptance. Read more on this. Lowe’s Companies, Inc. (LOW) , valued at $69.17B, started the session at $76.59. During today’s session, LOW traded between $76.34 to $77.28 with the price of the stock fluctuating between $62.62 to $78.13 over the last 52 weeks. LOW shares are currently priced at 19.17x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.58x earnings multiple for the same period. And for income investors, the company pays shareholders $1.12 per share annually in dividends, yielding 1.48%. According to a consensus of 23 analysts, the earnings estimate of $0.84 per share would be $0.14 better than the year-ago quarter and a $0.02 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $4.00 is a $0.71 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $14.75 Billion. If reported, that would be a 4.39% increase over the year-ago quarter. More recently, Barclays Initiated LOW at Equal Weight (Mar 31, 2016). Previously, Wedbush upgraded LOW from Neutral to Outperform. Given all the information above, we should disclose to readers that the average price target is $84.00, which is 9.67% above than it opened this morning. See more in (NYSE:LOW) Similar Articles: Market Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Companies, Inc. Names Sandra B. Cochran To Board Of Directors 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