David Behen - La-Z-Boy Incorporated CIO, Vice President

LZB
 Stock
  

USD 24.44  0.26  1.08%   

  President
Mr. David B. Behen is Chief Information Officer, Vice President of the Company. Prior to joining LaZBoy, Behen led the IT organization for the State of Michigan as Chief Information Officer and Director of the Department of Technology, Management and Budget. While there, he was responsible for strategic planning initiatives and directed administrative operations for the state government agency, with 2, 800 employees, which provides business services to state agencies with 47, 000 employees and over 9.4 million citizens of Michigan. Before that, he was Vice PresidentChief Information Officer of GDI Infotech and CofounderChief Business Officer of Infoready Corporationrationration, a spinoff of GDI. Behen earned his Master degree in Public Administration from Eastern Michigan University, where he also received his Bachelor degree. He has served as a keynote speaker, expert panelist, and moderator for national and international audiences providing expertise on information technology, cyber security, data management, and leadership.
  President Since 2017      
734 242 1444  https://www.la-z-boy.com

La-Z-Boy Incorporated Management Efficiency

La-Z-Boy Incorporated has Return on Asset of 0.0785 % which means that on every $100 spent on asset, it made $0.0785 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (99999.99) %, meaning that it generated no profit with money invested by stockholders. La-Z-Boy Incorporated management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Sales is expected to grow to 0.09, whereas Return on Investment is forecasted to decline to 21.12. La-Z-Boy Incorporated Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 1.93 Billion. The current year Current Assets is expected to grow to about 1 B, whereas Assets Non Current are forecasted to decline to about 788.8 M.
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.

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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. La Z operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 12800 people. 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.

La-Z-Boy Incorporated Leadership Team

Elected by the shareholders, the La-Z-Boy Incorporated's board of directors comprises two types of representatives: La-Z-Boy Incorporated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of La-Z-Boy. The board's role is to monitor La-Z-Boy Incorporated's management team and ensure that shareholders' interests are well served. La-Z-Boy Incorporated's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, La-Z-Boy Incorporated's outside directors are responsible for providing unbiased perspectives on the board's policies.
Otis Sawyer, Senior Vice President and President - La-Z-Boy Portfolio Brands
Erika Alexander, Director
Terrence Linz, Pres Division
Melinda Whittington, Chief Financial Officer, Senior Vice President
Jennifer McCurry, Chief Accounting Officer, Vice President Controller
Stephen Krull, Vice President General Counsel and Corporate Secretary
Bob Ireland, Head Initiatives
Katherine Vanderjagt, VP Officer
Darrell Edwards, Chief Operating Officer, Senior Vice President
Doug Collier, Chief Marketing Officer, Sr. VP and President of International
James Hackett, Independent Director
Richard Gabrys, Lead Independent Director
David Behen, CIO, Vice President
David Hehl, Independent Director
Mark Bacon, Senior Vice President and Presidentident - La-Z-Boy Branded Business
Warren McCollough, Lead Independent Director
George Levy, Independent Director
Robert Lucian, Chief Financial Officer, Senior Vice President
Alan McCollough, Independent Director
Kurt Darrow, Chairman of the Board, President, Chief Executive Officer
Rebecca OGrady, Independent Director
Robert Sundy, Senior Vice President Chief Commercial Officer
Janet Kerr, Independent Director
Nido Qubein, Independent Director
Sarah Gallagher, Independent Director
Keith Wilson, President - International
Michael Lawton, Independent Director
Lauren Peters, Independent Director
Raphael Richmond, Chief Compliance Officer, Vice President General Counsel
Carol Lee, VP Officer
H Levy, Independent Director
Edwin Holman, Independent Director
Louis Riccio, CFO and Sr. VP
Douglas Collier, Senior Vice President Chief Commercial Officer and President - International
Kathy Liebmann, Director Communications
Katie Vanderjagt, Chief Human Resource Officer
Lindsay Barnes, Chief Accounting Officer, Vice President Controller, Treasurer

La-Z-Boy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is La-Z-Boy Incorporated a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

La-Z-Boy Incorporated Investors Sentiment

The influence of La-Z-Boy Incorporated's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in La-Z-Boy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to La-Z-Boy Incorporated's public news can be used to forecast risks associated with investment in La-Z-Boy. The trend in average sentiment can be used to explain how an investor holding La-Z-Boy can time the market purely based on public headlines and social activities around La-Z-Boy Incorporated. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
La-Z-Boy Incorporated's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for La-Z-Boy Incorporated's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average La-Z-Boy Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on La-Z-Boy Incorporated.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards La-Z-Boy Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, La-Z-Boy Incorporated's short interest history, or implied volatility extrapolated from La-Z-Boy Incorporated options trading.

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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for La-Z-Boy Stock analysis

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
0.201
Market Capitalization
B
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0785
Return On Equity
-100 K
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.