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The closing price of Lazard Inc (NYSE: LAZ) was $44.93 for the day, down -1.99% from the previous closing price of $45.84. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 1.3 million shares were traded. LAZ stock price reached its highest trading level at $46.05 during the session, while it also had its lowest trading level at $44.1257.
Ratios:
Our analysis of LAZ’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 3.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.79. In the meantime, Its Debt-to-Equity ratio is 3.45 whereas as Long-Term Debt/Eq ratio is at 3.32.
On December 20, 2024, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $65 to $57.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 09, 2024, whereas the target price for the stock was revised from $60 to $63.
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 Feb 14 ’25 when JACOBS KENNETH M bought 1,250,000 shares for $55.16 per share.
Russo Evan L sold 50,000 shares of LAZ for $2,670,175 on Feb 12 ’25. The CEO of Asset Management now owns 34,336 shares after completing the transaction at $53.40 per share. On Feb 12 ’25, another insider, Russo Evan L, who serves as the CEO of Asset Management of the company, sold 35,000 shares for $53.64 each. As a result, the insider received 1,877,250 and left with 188,448 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 4039171072 and an Enterprise Value of 5326311936. As of this moment, Lazard’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.91, and their Forward P/E ratio for the next fiscal year is 9.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 6.38. Its current Enterprise Value per Revenue stands at 1.747.
Stock Price History:
The Beta on a monthly basis for LAZ is 1.23, which has changed by 0.15264237 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, LAZ has reached a high of $61.14, while it has fallen to a 52-week low of $35.56. The 50-Day Moving Average of the stock is -11.56%, while the 200-Day Moving Average is calculated to be -7.85%.
Shares Statistics:
LAZ traded an average of 1.10M shares per day over the past three months and 1652090 shares per day over the past ten days. A total of 90.30M shares are outstanding, with a floating share count of 87.54M. Insiders hold about 2.63% of the company’s shares, while institutions hold 90.64% stake in the company. Shares short for LAZ as of 1740700800 were 6438443 with a Short Ratio of 5.85, compared to 1738281600 on 6563824. Therefore, it implies a Short% of Shares Outstanding of 6438443 and a Short% of Float of 7.430000000000001.
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 0.04363002The stock’s 5-year Average Dividend Yield is 5.18.
