A new trading day began on Tuesday, with Lazard Inc (NYSE: LAZ) stock price up 0.04% from the previous day of trading, before settling in for the closing price of $54.98. LAZ’s price has ranged from $26.25 to $61.14 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales slided by -1.55%. Meanwhile, its annual earnings per share averaged 189.75%. With a float of $85.09 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 11.23%.
Lazard Inc (LAZ) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Lazard Inc is 2.66%, while institutional ownership is 91.42%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.66 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are Lazard Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62. Likewise, its price to free cash flow for the trailing twelve months is 9.66.
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 0.56 million was inferior to 0.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 15.95%. Additionally, its Average True Range was 1.87.
During the past 100 days, Lazard Inc’s (LAZ) raw stochastic average was set at 73.23%, which indicates a significant increase from 43.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.95% in the past 14 days, which was higher than the 42.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.89, while its 200-day Moving Average is $43.87. Now, the first resistance to watch is $56.01. This is followed by the second major resistance level at $57.01. The third major resistance level sits at $57.82. If the price goes on to break the first support level at $54.20, it is likely to go to the next support level at $53.39. Assuming the price breaks the second support level, the third support level stands at $52.39.
Lazard Inc (NYSE: LAZ) Key Stats
With a market capitalization of 4.98 billion, the company has a total of 112,766K Shares Outstanding. Currently, annual sales are 2,515 M while annual income is -75,480 K. The company’s previous quarter sales were 784,870 K while its latest quarter income was 107,940 K.
