On Friday, Lazard Inc (NYSE: LAZ) was -5.44% drop from the session before settling in for the closing price of $50.02. A 52-week range for LAZ has been $35.56 – $61.14.
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Financial Sector giant saw their annual sales slid by -0.52% over the last five years. When this article was written, the company’s average yearly earnings per share was at 177.75%. With a float of $85.13 million, this company’s outstanding shares have now reached $90.47 million.
The firm has a total of 3291 workers. Let’s measure their productivity. In terms of profitability, gross margin is 80.68%, operating margin of 13.31%, and the pretax margin is 11.28%.
Lazard Inc (LAZ) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lazard Inc stocks. The insider ownership of Lazard Inc is 2.62%, while institutional ownership is 91.23%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 177.75% per share during the next fiscal year.
Lazard Inc (NYSE: LAZ) Trading Performance Indicators
You can see what Lazard Inc (LAZ) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 8.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.51, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 3.89 in one year’s time.
Technical Analysis of Lazard Inc (LAZ)
Analysing the last 5-days average volume posted by the [Lazard Inc, LAZ], we can find that recorded value of 1.07 million was better than the volume posted last year of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 26.13%. Additionally, its Average True Range was 1.67.
During the past 100 days, Lazard Inc’s (LAZ) raw stochastic average was set at 20.85%, which indicates a significant increase from 4.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.15% in the past 14 days, which was lower than the 36.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.11, while its 200-day Moving Average is $46.37. Now, the first resistance to watch is $48.52. This is followed by the second major resistance level at $49.73. The third major resistance level sits at $50.47. If the price goes on to break the first support level at $46.57, it is likely to go to the next support level at $45.83. Should the price break the second support level, the third support level stands at $44.62.
Lazard Inc (NYSE: LAZ) Key Stats
There are 112,766K outstanding shares of the company, which has a market capitalization of 4.28 billion. As of now, sales total 2,515 M while income totals -75,480 K. Its latest quarter income was 784,870 K while its last quarter net income were 107,940 K.
