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After finishing at $41.87 in the prior trading day, La-Z-Boy Inc. (NYSE: LZB) closed at $40.41, down -3.49%. In other words, the price has decreased by -$3.49 from its previous closing price. On the day, 1.25 million shares were traded. LZB stock price reached its highest trading level at $41.45 during the session, while it also had its lowest trading level at $39.5.
Ratios:
Our goal is to gain a better understanding of LZB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.41.
Sidoti Upgraded its Neutral to Buy on October 19, 2020, while the target price for the stock was maintained at $45.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’24 when Leggett Michael Adam sold 3,077 shares for $37.08 per share. The transaction valued at 114,087 led to the insider holds 21,519 shares of the business.
KERR JANET sold 4,582 shares of LZB for $141,409 on Sep 25 ’23. The Director now owns 3,890 shares after completing the transaction at $30.86 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LZB now has a Market Capitalization of 1751304704 and an Enterprise Value of 1851079168. As of this moment, La-Z-Boy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.33, and their Forward P/E ratio for the next fiscal year is 11.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 0.898 whereas that against EBITDA is 8.973.
Stock Price History:
Over the past 52 weeks, LZB has reached a high of $45.23, while it has fallen to a 52-week low of $27.92. The 50-Day Moving Average of the stock is 1.73%, while the 200-Day Moving Average is calculated to be 11.01%.
Shares Statistics:
The stock has traded on average 513.00K shares per day over the past 3-months and 523250 shares per day over the last 10 days, according to various share statistics. A total of 42.44M shares are outstanding, with a floating share count of 41.54M. Insiders hold about 1.22% of the company’s shares, while institutions hold 100.01% stake in the company. Shares short for LZB as of 1722384000 were 2632019 with a Short Ratio of 5.13, compared to 1719532800 on 2317904. Therefore, it implies a Short% of Shares Outstanding of 2632019 and a Short% of Float of 8.81.
Dividends & Splits
In the trailing 12 months, LZB’s forward annual dividend rate was 0.763, compared to 0.78 this year. Against a Trailing Annual Dividend Yield of 0.018223071The stock’s 5-year Average Dividend Yield is 1.93.
