At the time of writing, Lazard Inc [LAZ] stock is trading at $53.40, up 4.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LAZ shares have gain 16.64% over the last week, with a monthly amount glided 1.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lazard Inc [NYSE: LAZ] stock has seen the most recent analyst activity on January 03, 2025, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on December 20, 2024, and dropped its price target to $57. On December 09, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $63 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $51 on September 12, 2024. Wolfe Research upgraded its rating to Outperform for this stock on January 03, 2024, but kept the price target unchanged to $42. In a note dated September 19, 2023, Goldman downgraded an Sell rating on this stock and revised its target price from $37 to $32.
For the past year, the stock price of Lazard Inc fluctuated between $35.56 and $61.14. Currently, Wall Street analysts expect the stock to reach $53.67 within the next 12 months. Lazard Inc [NYSE: LAZ] shares were valued at $53.40 at the most recent close of the market. An investor can expect a potential return of 0.51% based on the average LAZ price forecast.
Analyzing the LAZ fundamentals
According to Lazard Inc [NYSE:LAZ], the company’s sales were 3.07B for trailing twelve months, which represents an 38.77% jump. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.54 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.84.
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 52.35 points at the first support level, and at 51.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.94, and for the 2nd resistance point, it is at 54.47.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.57, the price to book ratio is 7.74 and price to earnings (TTM) ratio is 21.24.
Transactions by insiders
Recent insider trading involved JACOBS KENNETH M, Executive Chairman, that happened on Sep 03 ’24 when 87770.0 shares were sold. Executive Chairman, JACOBS KENNETH M completed a deal on Sep 03 ’24 to sell 71731.0 shares. Meanwhile, Executive Chairman JACOBS KENNETH M sold 29503.0 shares on Sep 04 ’24.
