Lazard Inc (NYSE: LAZ) on Tuesday, soared 1.39% from the previous trading day, before settling in for the closing price of $52.45. Within the past 52 weeks, LAZ’s price has moved between $25.82 and $54.72.
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A company in the Financial sector has dropped its sales by -1.55% annually for the last half of the decade. The company achieved an average annual earnings per share of 189.75%. With a float of $84.62 million, this company’s outstanding shares have now reached $87.43 million.
In an organization with 3291 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 80.77%, operating margin of 13.25%, and the pretax margin is 10.97%.
Lazard Inc (LAZ) Insider Updates
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Lazard Inc is 3.20%, while institutional ownership is 88.45%. 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
According to the Wall Street analysts, stocks earnings will be around 189.75% per share during the next fiscal year.
Lazard Inc (NYSE: LAZ) Trading Performance Indicators
Lazard Inc (LAZ) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57. Likewise, its price to free cash flow for the trailing twelve months is 9.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.51, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 4.06 in one year’s time.
Technical Analysis of Lazard Inc (LAZ)
Let’s dig in a bit further. During the last 5-days, its volume was 1.06 million. That was better than the volume of 0.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 68.65%. Additionally, its Average True Range was 1.50.
During the past 100 days, Lazard Inc’s (LAZ) raw stochastic average was set at 91.94%, which indicates a significant increase from 64.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.63% in the past 14 days, which was lower than the 37.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.19, while its 200-day Moving Average is $43.02. However, in the short run, Lazard Inc’s stock first resistance to watch stands at $53.69. Second resistance stands at $54.21. The third major resistance level sits at $55.01. If the price goes on to break the first support level at $52.37, it is likely to go to the next support level at $51.57. Assuming the price breaks the second support level, the third support level stands at $51.05.
Lazard Inc (NYSE: LAZ) Key Stats
Market capitalization of the company is 4.81 billion based on 112,766K outstanding shares. Right now, sales total 2,515 M and income totals -75,480 K. The company made 807,410 K in profit during its latest quarter, and 107,940 K in sales during its previous quarter.
