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 $38.42 up 0.13% from its previous closing price of $38.37. In other words, the price has increased by $0.13 from its previous closing price. On the day, 1.17 million shares were traded. LZB stock price reached its highest trading level at $40.04 during the session, while it also had its lowest trading level at $38.37.
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 5.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.29. 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.
Sidoti Upgraded its Neutral to Buy on October 19, 2020, while the target price for the stock was maintained at $45.
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:
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 1586315648 and an Enterprise Value of 1768226560. As of this moment, La-Z-Boy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.17, and their Forward P/E ratio for the next fiscal year is 11.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 0.845 whereas that against EBITDA is 8.552.
Stock Price History:
The Beta on a monthly basis for LZB is 1.33, which has changed by 0.059862018 over the last 52 weeks, in comparison to a change of 0.09589827 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 $32.00. The 50-Day Moving Average of the stock is -13.08%, while the 200-Day Moving Average is calculated to be -7.98%.
Shares Statistics:
For the past three months, LZB has traded an average of 454.27K shares per day and 559790 over the past ten days. 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 98.03% stake in the company. Shares short for LZB as of 1740700800 were 2240245 with a Short Ratio of 4.93, compared to 1738281600 on 2143322. Therefore, it implies a Short% of Shares Outstanding of 2240245 and a Short% of Float of 7.7.
Dividends & Splits
According to the company, the forward annual dividend rate for LZB is 0.84, from 0.82 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021370864The stock’s 5-year Average Dividend Yield is 1.96. The current Payout Ratio is 26.93% for LZB, which recently paid a dividend on 2025-03-04 with an ex-dividend date of 1741046400. Stock splits for the company last occurred on 1998-09-15 when the company split stock in a 3:1 ratio.
