Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, La-Z-Boy Inc (NYSE: LZB) closed at $38.79 down -3.65% from its previous closing price of $40.26. In other words, the price has decreased by -$3.65 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a deeper understanding of La-Z-Boy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.85. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, La-Z-Boy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.30, and their Forward P/E ratio for the next fiscal year is 11.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.57.
Stock Price History:
Over the past 52 weeks, LZB has reached a high of $48.31, while it has fallen to a 52-week low of $33.34. The 50-Day Moving Average of the stock is -4.04%, while the 200-Day Moving Average is calculated to be -7.68%.
Shares Statistics:
A total of 41.41M shares are outstanding, with a floating share count of 40.75M. Insiders hold about 1.31% of the company’s shares, while institutions hold 103.44% stake in the company.
