On Tuesday, Lazard Inc (NYSE: LAZ) opened lower -3.23% from the last session, before settling in for the closing price of $57.96. Price fluctuations for LAZ have ranged from $25.82 to $61.14 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -1.55%. Company’s average yearly earnings per share was noted 189.75% at the time writing. With a float of $84.62 million, this company’s outstanding shares have now reached $87.43 million.
The extent of productivity of a business whose workforce counts for 3291 workers is very important to gauge. 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 and Institutional Ownership
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 89.52%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.66 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.41) by 0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.
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
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 1.65. Likewise, its price to free cash flow for the trailing twelve months is 9.85.
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)
The latest stats from [Lazard Inc, LAZ] show that its last 5-days average volume of 1.48 million was superior to 0.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 66.30%. Additionally, its Average True Range was 2.02.
During the past 100 days, Lazard Inc’s (LAZ) raw stochastic average was set at 80.26%, which indicates a significant increase from 53.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.08% in the past 14 days, which was higher than the 42.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.12, while its 200-day Moving Average is $43.49. Now, the first resistance to watch is $57.43. This is followed by the second major resistance level at $58.78. The third major resistance level sits at $59.53. If the price goes on to break the first support level at $55.33, it is likely to go to the next support level at $54.58. The third support level lies at $53.23 if the price breaches the second support level.
Lazard Inc (NYSE: LAZ) Key Stats
There are currently 112,766K shares outstanding in the company with a market cap of 5.07 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 784,870 K and its income totaled 107,940 K.
