Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
La-Z-Boy Inc (NYSE: LZB) closed the day trading at $36.2 down -1.15% from the previous closing price of $36.62. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 0.7 million shares were traded. LZB stock price reached its highest trading level at $36.965 during the session, while it also had its lowest trading level at $36.125.
Ratios:
For a better understanding of LZB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.41.
On August 21, 2024, Sidoti Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $43.
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 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.
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 1491700608 and an Enterprise Value of 1683991936. As of this moment, La-Z-Boy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.58, and their Forward P/E ratio for the next fiscal year is 12.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 0.8 whereas that against EBITDA is 8.685.
Stock Price History:
The Beta on a monthly basis for LZB is 1.24, which has changed by -0.1120922 over the last 52 weeks, in comparison to a change of 0.15624678 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 $31.99. The 50-Day Moving Average of the stock is -4.19%, while the 200-Day Moving Average is calculated to be -12.29%.
Shares Statistics:
Over the past 3-months, LZB traded about 542.77K shares per day on average, while over the past 10 days, LZB traded about 887660 shares per day. A total of 41.21M shares are outstanding, with a floating share count of 40.44M. Insiders hold about 1.86% of the company’s shares, while institutions hold 100.13% stake in the company. Shares short for LZB as of 1755216000 were 2764569 with a Short Ratio of 5.12, compared to 1752537600 on 2774706. Therefore, it implies a Short% of Shares Outstanding of 2764569 and a Short% of Float of 9.5699996.
Dividends & Splits
LZB’s forward annual dividend rate is 0.86, up from 0.86 a year ago. Against a Trailing Annual Dividend Yield of 0.023484435The 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 2025-09-04. Stock splits for the company last occurred on 1998-09-15 when the company split stock in a 3:1 ratio.
Earnings Estimates
The current rating of La-Z-Boy Inc (LZB) is the result of assessments by 3.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.58, with high estimates of $0.61 and low estimates of $0.56.
Analysts are recommending an EPS of between $2.6 and $2.46 for the fiscal current year, implying an average EPS of $2.54. EPS for the following year is $2.8, with 3.0 analysts recommending between $2.84 and $2.75.
Revenue Estimates
3 analysts predict $517.63M in revenue for the current quarter. It ranges from a high estimate of $519.88M to a low estimate of $515.8M. As of the current estimate, La-Z-Boy Inc’s year-ago sales were $521.03MFor the next quarter, 3 analysts are estimating revenue of $534.16M. There is a high estimate of $543.58M for the next quarter, whereas the lowest estimate is $521.8M.
A total of 3 analysts have provided revenue estimates for LZB’s current fiscal year. The highest revenue estimate was $2.15B, while the lowest revenue estimate was $2.11B, resulting in an average revenue estimate of $2.13B. In the same quarter a year ago, actual revenue was $2.11BBased on 3 analysts’ estimates, the company’s revenue will be $2.22B in the next fiscal year. The high estimate is $2.27B and the low estimate is $2.17B.