A share price of La-Z-Boy Inc. [LZB] is currently trading at $44.14, up 1.12%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LZB shares have gain 6.59% over the last week, with a monthly amount glided 20.01%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
La-Z-Boy Inc. [NYSE: LZB] stock has seen the most recent analyst activity on August 25, 2022, when Raymond James downgraded its rating to a Mkt Perform. Previously, Sidoti upgraded its rating to Buy on October 19, 2020, and kept the price target unchanged to $45. On March 09, 2020, upgrade upgraded it’s rating to Buy but maintained its price target of $36 on the stock. CFRA upgraded its rating to a Hold. Stifel upgraded its rating to a Buy and raised its price target to $40 on February 20, 2020. Raymond James upgraded its rating to Outperform for this stock on August 23, 2019, but kept the price target unchanged to $36. In a note dated June 06, 2019, Sidoti downgraded an Neutral rating on this stock.
La-Z-Boy Inc. experienced fluctuations in its stock price throughout the past year between $27.92 and $44.49. La-Z-Boy Inc. [NYSE: LZB] shares were valued at $44.14 at the most recent close of the market.
Analyzing the LZB fundamentals
Trailing Twelve Months sales for La-Z-Boy Inc. [NYSE:LZB] were 2.05B which represents -1.38% decline. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.09 points at the first support level, and at 42.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.21, and for the 2nd resistance point, it is at 46.28.
Ratios To Look Out For
To put it in perspective, the Current Ratio for La-Z-Boy Inc. [NYSE:LZB] is 1.91. Further, the Quick Ratio stands at 1.31, while the Cash Ratio is 0.78. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 15.55.
Transactions by insiders
Recent insider trading involved Leggett Michael Adam, Sr VP & Chief Supply Chain Off, that happened on Mar 21 ’24 when 3077.0 shares were sold. Director, KERR JANET completed a deal on Sep 25 ’23 to sell 4582.0 shares.
