For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Lazard Inc.’s stock clocked out at $45.49, up 0.40% from its previous closing price of $45.31. In other words, the price has increased by $0.40 from its previous closing price. On the day, 1.24 million shares were traded. LAZ stock price reached its highest trading level at $45.9 during the session, while it also had its lowest trading level at $44.66.
Ratios:
To gain a deeper understanding of LAZ’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.04. In the meantime, Its Debt-to-Equity ratio is 5.90 whereas as Long-Term Debt/Eq ratio is at 5.49.
On January 03, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $42.
Goldman Downgraded its Neutral to Sell on September 19, 2023, whereas the target price for the stock was revised from $37 to $32.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 09 ’24 when JACOBS KENNETH M sold 46,107 shares for $40.19 per share. The transaction valued at 1,852,824 led to the insider holds 1,936,722 shares of the business.
JACOBS KENNETH M sold 28,288 shares of LAZ for $1,136,762 on Jul 09 ’24. The Executive Chairman now owns 457,279 shares after completing the transaction at $40.19 per share. On Jun 03 ’24, another insider, JACOBS KENNETH M, who serves as the Executive Chairman of the company, sold 6,762 shares for $40.00 each. As a result, the insider received 270,480 and left with 1,982,829 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAZ now has a Market Capitalization of 4103402752 and an Enterprise Value of 5926022656. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 10.49. Its current Enterprise Value per Revenue stands at 2.161.
Stock Price History:
Over the past 52 weeks, LAZ has reached a high of $45.42, while it has fallen to a 52-week low of $25.82. The 50-Day Moving Average of the stock is 15.68%, while the 200-Day Moving Average is calculated to be 25.61%.
Shares Statistics:
It appears that LAZ traded 892.70K shares on average per day over the past three months and 1130970 shares per day over the past ten days. A total of 87.43M shares are outstanding, with a floating share count of 82.62M. Insiders hold about 5.48% of the company’s shares, while institutions hold 78.21% stake in the company. Shares short for LAZ as of 1719532800 were 3732831 with a Short Ratio of 4.18, compared to 1717113600 on 3134049. Therefore, it implies a Short% of Shares Outstanding of 3732831 and a Short% of Float of 4.29.
Dividends & Splits
With its trailing 12-month dividend rate of 2.0, LAZ has a forward annual dividend rate of 2.00. Against a Trailing Annual Dividend Yield of 0.044140365The stock’s 5-year Average Dividend Yield is 5.32.
