On Tuesday, Lazard Inc (NYSE: LAZ) opened lower -0.04% from the last session, before settling in for the closing price of $52.25. Price fluctuations for LAZ have ranged from $35.56 to $61.14 over the past 52 weeks.
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Annual sales at Financial sector company grew by 4.13% over the past five years. Company’s average yearly earnings per share was noted 58.59% at the time writing. With a float of $85.09 million, this company’s outstanding shares have now reached $87.41 million.
Let’s look at the performance matrix of the company that is accounted for 3291 employees. In terms of profitability, gross margin is 63.25%, operating margin of 13.75%, and the pretax margin is 12.62%.
Lazard Inc (LAZ) Insider Updates
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 2.66%, while institutional ownership is 93.58%. 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
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 58.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 33.17% during the next five years compared to 1.01% growth over the previous five years of trading.
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 1.51. Likewise, its price to free cash flow for the trailing twelve months is 9.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.66, a number that is poised to hit 0.67 in the next quarter and is forecasted to reach 4.76 in one year’s time.
Technical Analysis of Lazard Inc (LAZ)
Lazard Inc (NYSE: LAZ) saw its 5-day average volume 0.82 million, a negative change from its year-to-date volume of 1.03 million. As of the previous 9 days, the stock’s Stochastic %D was 13.88%. Additionally, its Average True Range was 1.86.
During the past 100 days, Lazard Inc’s (LAZ) raw stochastic average was set at 43.39%, which indicates a significant increase from 14.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.87% in the past 14 days, which was lower than the 39.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.67, while its 200-day Moving Average is $47.70. Nevertheless, the first resistance level for the watch stands at $52.64 in the near term. At $53.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.74. If the price goes on to break the first support level at $51.54, it is likely to go to the next support level at $50.86. Assuming the price breaks the second support level, the third support level stands at $50.44.
Lazard Inc (NYSE: LAZ) Key Stats
There are currently 112,766K shares outstanding in the company with a market cap of 4.73 billion. Presently, the company’s annual sales total 3,052 M according to its annual income of 279,910 K. Last quarter, the company’s sales amounted to 816,870 K and its income totaled 86,310 K.
