On Friday, Lazard Inc. (NYSE: LAZ) opened lower -0.34% from the last session, before settling in for the closing price of $53.59. Price fluctuations for LAZ have ranged from $25.82 to $54.72 over the past 52 weeks.
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Annual sales at Financial sector company slipped by -1.55% over the past five years. Company’s average yearly earnings per share was noted 225.22% at the time writing. With a float of $84.62 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 Updates
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Lazard Inc. is 3.20%, while institutional ownership is 88.04%. The most recent insider transaction that took place on Sep 03 ’24, was worth 4,219,784. In this transaction Executive Chairman of this company sold 87,770 shares at a rate of $48.08, taking the stock ownership to the 1,553,225 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Executive Chairman sold 71,731 for $48.08, making the entire transaction worth $3,449,111. This insider now owns 204,279 shares in total.
Lazard Inc. (LAZ) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.1 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.16) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 225.22% per share during the next fiscal year.
Lazard Inc. (NYSE: LAZ) Trading Performance Indicators
Check out the current performance indicators for Lazard Inc. (LAZ). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64. Likewise, its price to free cash flow for the trailing twelve months is 20.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.56, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 3.95 in one year’s time.
Technical Analysis of Lazard Inc. (LAZ)
Lazard Inc. (NYSE: LAZ) saw its 5-day average volume 0.67 million, a negative change from its year-to-date volume of 0.95 million. As of the previous 9 days, the stock’s Stochastic %D was 86.84%. Additionally, its Average True Range was 1.44.
During the past 100 days, Lazard Inc.’s (LAZ) raw stochastic average was set at 93.14%, which indicates a significant increase from 80.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.93% in the past 14 days, which was lower than the 36.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.08, while its 200-day Moving Average is $42.19. Nevertheless, the first resistance level for the watch stands at $53.99 in the near term. At $54.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.08. If the price goes on to break the first support level at $52.90, it is likely to go to the next support level at $52.39. Assuming the price breaks the second support level, the third support level stands at $51.81.
Lazard Inc. (NYSE: LAZ) Key Stats
There are currently 112,766K shares outstanding in the company with a market cap of 4.67 billion. Presently, the company’s annual sales total 2,515 M according to its annual income of -75,480 K. Last quarter, the company’s sales amounted to 685,350 K and its income totaled 49,910 K.
