June 22, 2022, La-Z-Boy Incorporated (NYSE: LZB) trading session started at the price of $23.89, that was 7.88% jump from the session before. During the day, the shares moved up to $24.98 and dropped to $22.89 before settling in for the closing price of $22.73. A 52-week range for LZB has been $22.21 – $39.99.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
Annual sales at Consumer Cyclical sector company grew by 2.60% over the past five years. When this article was written, the company’s average yearly earnings per share was at 38.70%. With a float of $42.73 million, this company’s outstanding shares have now reached $43.70 million.
Let’s look at the performance matrix of the company that is accounted for 11500 employees. In terms of profitability, gross margin is +42.68, operating margin of +7.88, and the pretax margin is +8.41.
La-Z-Boy Incorporated (LZB) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward La-Z-Boy Incorporated stocks. The insider ownership of La-Z-Boy Incorporated is 0.30%, while institutional ownership is 99.20%. The most recent insider transaction that took place on Dec 30, was worth 2,529,520. In this transaction Director of this company sold 70,000 shares at a rate of $36.14, taking the stock ownership to the 98,713 shares. Before that another transaction happened on Dec 17, when Company’s Director sold 26,895 for $35.90, making the entire transaction worth $965,436. This insider now owns 168,713 shares in total.
La-Z-Boy Incorporated (LZB) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 1/30/2022, it has been observed that the corporation posted $0.65 earnings per share (EPS) during the time that was less than consensus figure (set at $0.89) by -$0.24. This company achieved a net margin of +6.14 while generating a return on equity of 14.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.80% during the next five years compared to 8.10% growth over the previous five years of trading.
La-Z-Boy Incorporated (NYSE: LZB) Trading Performance Indicators
You can see what La-Z-Boy Incorporated (LZB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47. Likewise, its price to free cash flow for the trailing twelve months is 128.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.89, a number that is poised to hit 0.92 in the next quarter and is forecasted to reach 3.28 in one year’s time.
Technical Analysis of La-Z-Boy Incorporated (LZB)
La-Z-Boy Incorporated (NYSE: LZB) saw its 5-day average volume 1.36 million, a positive change from its year-to-date volume of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 35.98%. Additionally, its Average True Range was 1.12.
During the past 100 days, La-Z-Boy Incorporated’s (LZB) raw stochastic average was set at 14.86%, which indicates a significant decrease from 59.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.58% in the past 14 days, which was higher than the 51.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.81, while its 200-day Moving Average is $31.36. Nevertheless, the first resistance level for the watch stands at $25.37 in the near term. At $26.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.46. If the price goes on to break the first support level at $23.28, it is likely to go to the next support level at $22.04. The third support level lies at $21.19 if the price breaches the second support level.
La-Z-Boy Incorporated (NYSE: LZB) Key Stats
There are 43,222K outstanding shares of the company, which has a market capitalization of 1.03 billion. As of now, sales total 1,734 M while income totals 106,460 K. Its latest quarter income was 571,570 K while its last quarter net income were 28,470 K.