La-Z-Boy Stock Today

LZB
 Stock
  

USD 24.44  0.33  1.33%   

Market Performance
0 of 100
Odds Of Distress
Less than 11
La-Z-Boy Incorporated is trading at 24.44 as of the 5th of December 2022, a -1.33 percent decrease since the beginning of the trading day. The stock's open price was 24.77. La-Z-Boy Incorporated has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for La-Z-Boy Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2022 and ending today, the 5th of December 2022. Click here to learn more.
CUSIP
505336107
Fiscal Year End
April
Business Domain
Consumer Durables & Apparel
IPO Date
5th of January 1988
Category
Consumer Cyclical
Classification
Consumer Discretionary
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan. The company has 43.04 M outstanding shares of which 3.28 M shares are now shorted by investors with about 9.56 days to cover. More on La-Z-Boy Incorporated

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+0.64BIGBig Lots Normal TradingPairCorr
Follow Valuation Options Odds of Bankruptcy
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La-Z-Boy Incorporated Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. La-Z-Boy Incorporated's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding La-Z-Boy Incorporated or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
La-Z-Boy Incorporated generated a negative expected return over the last 90 days
La-Z-Boy Incorporated has a poor financial position based on the latest SEC disclosures
Latest headline from news.google.com: Armchair Vs. Recliner Whats The Difference - House Digest
ChairmanKurt Darrow
Fama & French Classification
Average Analyst Recommendation
Analysts covering La-Z-Boy Incorporated report their recommendations after researching La-Z-Boy Incorporated's financial statements, talking to executives and customers, or listening in on La-Z-Boy Incorporated's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering La-Z-Boy Incorporated. The La-Z-Boy consensus assessment is calculated by taking the average forecast from all of the analysts covering La-Z-Boy Incorporated.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of La-Z-Boy Incorporated based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of La-Z-Boy Incorporated financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted52.2 M44.3 M
Fairly Up
Decreasing
Very volatile
Weighted Average Shares51.8 M44 M
Fairly Up
Decreasing
Very volatile
Return on Average Assets7.68.0689
Notably Down
Increasing
Slightly volatile
Net Cash Flow from Operations91 M79 M
Fairly Up
Decreasing
Stable
Current Liabilities729 M675.7 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities1.2 B1.1 B
Significantly Up
Increasing
Slightly volatile
Gross Margin35.8638.8648
Significantly Down
Increasing
Very volatile
Total Debt464.1 M430.1 M
Significantly Up
Increasing
Slightly volatile
Asset Turnover1.661.2471
Significantly Up
Decreasing
Very volatile
Current AssetsB951.8 M
Significantly Up
Increasing
Slightly volatile
Total Assets2.1 B1.9 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of La-Z-Boy Incorporated's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
La-Z-Boy Incorporated's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to La-Z-Boy Incorporated's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand La-Z-Boy Incorporated's financial leverage. It provides some insight into what part of La-Z-Boy Incorporated's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on La-Z-Boy Incorporated's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how La-Z-Boy Incorporated deploys its capital and how much of that capital is borrowed.
Liquidity
La-Z-Boy Incorporated cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 350 K in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. La-Z-Boy Incorporated has a current ratio of 1.41, which is typical for the industry and considered as normal. Debt can assist La-Z-Boy Incorporated until it has trouble settling it off, either with new capital or with free cash flow. So, La-Z-Boy Incorporated's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like La-Z-Boy Incorporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for La-Z-Boy to invest in growth at high rates of return. When we think about La-Z-Boy Incorporated's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

90.96 Million
La-Z-Boy Incorporated (LZB) is traded on New York Stock Exchange in USA and employs 12,800 people. La-Z-Boy Incorporated is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 1.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate La-Z-Boy Incorporated's market, we take the total number of its shares issued and multiply it by La-Z-Boy Incorporated's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. La-Z-Boy Incorporated runs under Household Durables sector within Consumer Discretionary industry. The entity has 43.04 M outstanding shares of which 3.28 M shares are now shorted by investors with about 9.56 days to cover. La-Z-Boy Incorporated has about 245.59 M in cash with 79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.91.
Check La-Z-Boy Incorporated Probability Of Bankruptcy
Ownership
La-Z-Boy Incorporated shows a total of 43.04 Million outstanding shares. The majority of La-Z-Boy Incorporated outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to shop for positions in La-Z-Boy Incorporated to benefit from reduced commissions. Thus, outside corporations are subject to a different set of regulations than regular investors in La-Z-Boy Incorporated. Please pay attention to any change in the institutional holdings of La-Z-Boy Incorporated as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check La-Z-Boy Ownership Details

La-Z-Boy Stock Price Odds Analysis

What are La-Z-Boy Incorporated's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of La-Z-Boy Incorporated jumping above the current price in 90 days from now is about 55.8%. The La-Z-Boy Incorporated probability density function shows the probability of La-Z-Boy Incorporated stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4127. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, La-Z-Boy Incorporated will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. La-Z-Boy Incorporated is significantly underperforming NYSE Composite.
  Odds Below 24.44HorizonTargetOdds Above 24.44
43.99%90 days
 24.44 
55.80%
Based on a normal probability distribution, the odds of La-Z-Boy Incorporated to move above the current price in 90 days from now is about 55.8 (This La-Z-Boy Incorporated probability density function shows the probability of La-Z-Boy Stock to fall within a particular range of prices over 90 days) .

La-Z-Boy Stock Institutional Holders

Institutional Holdings refers to the ownership stake in La-Z-Boy Incorporated that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of La-Z-Boy Incorporated's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing La-Z-Boy Incorporated's value.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K123 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K129 K
View La-Z-Boy Incorporated Diagnostics

La-Z-Boy Incorporated Historical Income Statement

La-Z-Boy Incorporated Income Statement is one of the three primary financial statements used for reporting La-Z-Boy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of La-Z-Boy Incorporated revenue and expense. La-Z-Boy Incorporated Income Statement primarily focuses on the company's revenues and expenses during a particular period.
La-Z-Boy Incorporated Net Income is projected to increase significantly based on the last few years of reporting. The past year's Net Income was at 150.02 Million. The current year Operating Income is expected to grow to about 223.1 M, whereas Direct Expenses is forecasted to decline to about 1.2 B. View More Fundamentals

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La-Z-Boy Incorporated Corporate Directors

La-Z-Boy Incorporated corporate directors refer to members of a La-Z-Boy Incorporated board of directors. The board of directors generally takes responsibility for the La-Z-Boy Incorporated's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of La-Z-Boy Incorporated's board members must vote for the resolution. The La-Z-Boy Incorporated board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
James Hackett - Independent DirectorProfile
Richard Gabrys - Lead Independent DirectorProfile
David Hehl - Independent DirectorProfile
Warren McCollough - Lead Independent DirectorProfile

Invested in La-Z-Boy Incorporated?

The danger of trading La-Z-Boy Incorporated is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of La-Z-Boy Incorporated is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than La-Z-Boy Incorporated. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile La-Z-Boy Incorporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the La-Z-Boy Incorporated information on this page should be used as a complementary analysis to other La-Z-Boy Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running La-Z-Boy Incorporated price analysis, check to measure La-Z-Boy Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy La-Z-Boy Incorporated is operating at the current time. Most of La-Z-Boy Incorporated's value examination focuses on studying past and present price action to predict the probability of La-Z-Boy Incorporated's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move La-Z-Boy Incorporated's price. Additionally, you may evaluate how the addition of La-Z-Boy Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is La-Z-Boy Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of La-Z-Boy Incorporated. If investors know La-Z-Boy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about La-Z-Boy Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.65
Market Capitalization
1.1 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0757
Return On Equity
0.21
The market value of La-Z-Boy Incorporated is measured differently than its book value, which is the value of La-Z-Boy that is recorded on the company's balance sheet. Investors also form their own opinion of La-Z-Boy Incorporated's value that differs from its market value or its book value, called intrinsic value, which is La-Z-Boy Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because La-Z-Boy Incorporated's market value can be influenced by many factors that don't directly affect La-Z-Boy Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between La-Z-Boy Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine La-Z-Boy Incorporated value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La-Z-Boy Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.