On Tuesday, La-Z-Boy Inc (NYSE: LZB) opened lower -1.10% from the last session, before settling in for the closing price of $42.78. Price fluctuations for LZB have ranged from $30.76 to $45.23 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 4.42% over the past five years. Company’s average yearly earnings per share was noted -0.67% at the time writing. With a float of $41.30 million, this company’s outstanding shares have now reached $42.44 million.
Let’s look at the performance matrix of the company that is accounted for 10200 employees. In terms of profitability, gross margin is 43.15%, operating margin of 7.27%, and the pretax margin is 7.94%.
La-Z-Boy Inc (LZB) Insider Updates
A key investor’s attitude towards the stock of the Furnishings, Fixtures & Appliances industry is another important factor to consider. The insider ownership of La-Z-Boy Inc is 1.26%, while institutional ownership is 98.71%. The most recent insider transaction that took place on Sep 05 ’24, was worth 159,051. In this transaction Director of this company sold 3,890 shares at a rate of $40.89, taking the stock ownership to the 3,372 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Director proposed sale 3,890 for $40.39, making the entire transaction worth $157,131.
La-Z-Boy Inc (LZB) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 10/31/2024, the company posted 0.67 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.72) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 14.43% growth over the previous five years of trading.
La-Z-Boy Inc (NYSE: LZB) Trading Performance Indicators
Check out the current performance indicators for La-Z-Boy Inc (LZB). In the past quarter, the stock posted a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86. Likewise, its price to free cash flow for the trailing twelve months is 13.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.82, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.37 in one year’s time.
Technical Analysis of La-Z-Boy Inc (LZB)
La-Z-Boy Inc (NYSE: LZB) saw its 5-day average volume 0.43 million, a negative change from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 59.62%. Additionally, its Average True Range was 1.05.
During the past 100 days, La-Z-Boy Inc’s (LZB) raw stochastic average was set at 68.40%, which indicates a significant increase from 68.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.26% in the past 14 days, which was lower than the 30.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.12, while its 200-day Moving Average is $38.45. Nevertheless, the first resistance level for the watch stands at $42.71 in the near term. At $43.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.54. If the price goes on to break the first support level at $41.88, it is likely to go to the next support level at $41.45. Assuming the price breaks the second support level, the third support level stands at $41.05.
La-Z-Boy Inc (NYSE: LZB) Key Stats
There are currently 41,827K shares outstanding in the company with a market cap of 1.77 billion. Presently, the company’s annual sales total 2,047 M according to its annual income of 122,630 K. Last quarter, the company’s sales amounted to 495,530 K and its income totaled 26,160 K.
