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The closing price of La-Z-Boy Inc (NYSE: LZB) was $36.72 for the day%, Up $1.46% from the previous closing price of $36.19. In other words, the price has increased by $1.46 from its previous closing price. On the day, 0.61 million shares were traded. LZB stock price reached its highest trading level at $36.73 during the session, while it also had its lowest trading level at $35.76.
Ratios:
Our analysis of LZB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.40.
On August 21, 2024, Sidoti Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $43.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 05 ’24 when KERR JANET sold 3,890 shares for $40.89 per share. The transaction valued at 159,051 led to the insider holds 3,372 shares of the business.
KERR JANET bought 3,890 shares of LZB for $157,131 on Sep 05 ’24. On Aug 26 ’24, another insider, McCurry Jennifer Lynn, who serves as the Chief Accounting Officer of the company, sold 4,414 shares for $41.31 each. As a result, the insider received 182,326 and left with 13,236 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, LZB now has a Market Capitalization of 1511652352 and an Enterprise Value of 1672286592. As of this moment, La-Z-Boy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.57, and their Forward P/E ratio for the next fiscal year is 10.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 0.793 whereas that against EBITDA is 8.153.
Stock Price History:
The Beta on a monthly basis for LZB is 1.24, which has changed by -0.11132622 over the last 52 weeks, in comparison to a change of 0.17279088 over the same period for the S&P500. Over the past 52 weeks, LZB has reached a high of $48.31, while it has fallen to a 52-week low of $34.89. The 50-Day Moving Average of the stock is -4.56%, while the 200-Day Moving Average is calculated to be -11.24%.
Shares Statistics:
LZB traded an average of 453.18K shares per day over the past three months and 452450 shares per day over the past ten days. A total of 41.16M shares are outstanding, with a floating share count of 40.40M. Insiders hold about 1.86% of the company’s shares, while institutions hold 103.31% stake in the company. Shares short for LZB as of 1752537600 were 2774706 with a Short Ratio of 6.12, compared to 1749772800 on 2891630. Therefore, it implies a Short% of Shares Outstanding of 2774706 and a Short% of Float of 9.62.
Dividends & Splits
With its trailing 12-month dividend rate of 0.84, LZB has a forward annual dividend rate of 0.86. Against a Trailing Annual Dividend Yield of 0.023210831The stock’s 5-year Average Dividend Yield is 1.97. The current Payout Ratio is 35.73% for LZB, which recently paid a dividend on 2025-06-03 with an ex-dividend date of 2025-06-03. Stock splits for the company last occurred on 1998-09-15 when the company split stock in a 3:1 ratio.
Earnings Estimates
The stock of La-Z-Boy Inc (LZB) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.77, with high estimates of $0.79 and low estimates of $0.76.
Analysts are recommending an EPS of between $3.29 and $3.09 for the fiscal current year, implying an average EPS of $3.18. EPS for the following year is $3.5, with 3.0 analysts recommending between $3.61 and $3.44.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $490.9M to a low estimate of $490.6M. As of the current estimate, La-Z-Boy Inc’s year-ago sales were $495.53MFor the next quarter, 2 analysts are estimating revenue of $532.31M. There is a high estimate of $541.01M for the next quarter, whereas the lowest estimate is $523.6M.
A total of 2 analysts have provided revenue estimates for LZB’s current fiscal year. The highest revenue estimate was $2.19B, while the lowest revenue estimate was $2.14B, resulting in an average revenue estimate of $2.17B. In the same quarter a year ago, actual revenue was $2.11BBased on 3 analysts’ estimates, the company’s revenue will be $2.25B in the next fiscal year. The high estimate is $2.32B and the low estimate is $2.2B.
