Lazard Inc. (NYSE: LAZ) kicked off on Friday, up 3.04% from the previous trading day, before settling in for the closing price of $48.41. Over the past 52 weeks, LAZ has traded in a range of $25.82-$49.78.
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Annual sales at Financial sector company slipped by -1.55% over the past five years. While this was happening, its average annual earnings per share was recorded 235.48%. With a float of $84.18 million, this company’s outstanding shares have now reached $87.43 million.
Let’s look at the performance matrix of the company that is accounted for 3291 employees. In terms of profitability, gross margin is 84.4%, operating margin of 8.67%, and the pretax margin is 6.47%.
Lazard Inc. (LAZ) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Lazard Inc. is 3.70%, while institutional ownership is 91.69%. The most recent insider transaction that took place on Aug 23 ’24, was worth 161,081. Before that another transaction happened on Jul 16 ’24, when Company’s Executive Chairman sold 207,000 for $45.23, making the entire transaction worth $9,361,989. This insider now owns 1,729,722 shares in total.
Lazard Inc. (LAZ) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.1 earnings per share (EPS), lower than consensus estimate (set at 0.16) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 235.48% per share during the next fiscal year.
Lazard Inc. (NYSE: LAZ) Trading Performance Indicators
Take a look at Lazard Inc.’s (LAZ) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.53. Likewise, its price to free cash flow for the trailing twelve months is 19.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.56, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 3.98 in one year’s time.
Technical Analysis of Lazard Inc. (LAZ)
Lazard Inc. (NYSE: LAZ) saw its 5-day average volume 0.51 million, a negative change from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 93.86%. Additionally, its Average True Range was 1.45.
During the past 100 days, Lazard Inc.’s (LAZ) raw stochastic average was set at 98.29%, which indicates a significant increase from 96.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.13% in the past 14 days, which was lower than the 35.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.95, while its 200-day Moving Average is $38.59. Nevertheless, the first resistance level for the watch stands at $50.45 in the near term. At $51.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.92. If the price goes on to break the first support level at $48.98, it is likely to go to the next support level at $48.09. The third support level lies at $47.51 if the price breaches the second support level.
Lazard Inc. (NYSE: LAZ) Key Stats
The company with the Market Capitalisation of 4.36 billion has total of 112,766K Shares Outstanding. Its annual sales at the moment are 2,515 M in contrast with the sum of -75,480 K annual income. Company’s last quarter sales were recorded 685,350 K and last quarter income was 49,910 K.
