La Z Z Score

LZB
 Stock
  

USD 26.45  0.06  0.23%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Additionally, see La Z Piotroski F Score and La Z Valuation analysis.
  
La Z Market Capitalization is projected to decrease significantly based on the last few years of reporting. The past year's Market Capitalization was at 1.14 Billion. The current year Working Capital is expected to grow to about 280.3 M, whereas Capital Expenditure is forecasted to decline to (78.6 M). La Z 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.

La Z Z Score Analysis

La Z's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2010 2021 2022 (projected)
Consolidated Income107.53 M152.33 M128.75 M
Direct Expenses804.49 M1.44 B1.16 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current La Z Z Score

    
  4.2  
Most of La Z's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, La-Z-Boy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

La Z Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for La Z is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since La Z's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of La Z's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of La Z's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, La-Z-Boy has a Z Score of 4.2. This is 30.03% higher than that of the Consumer Cyclical sector and significantly higher than that of the Furnishings, Fixtures & Appliances industry. The z score for all United States stocks is 51.83% higher than that of the company.

La Z Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses La Z's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of La Z could also be used in its relative valuation, which is a method of valuing La Z by comparing valuation metrics of similar companies.
La Z is currently under evaluation in z score category among related companies.

La Z Institutional Holders

Institutional Holdings refers to the ownership stake in La Z that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of La Z'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's value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K129 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K143 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K197 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K175 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K201 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K231 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K216 K

La Z Fundamentals

About La Z Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze La-Z-Boy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of La Z using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of La-Z-Boy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Investors Sentiment

The influence of La Z'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. 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's public news can be used to forecast risks associated with investment in La Z. The trend in average sentiment can be used to explain how an investor holding La Z can time the market purely based on public headlines and social activities around La-Z-Boy. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
La Z'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'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's news discussions. The higher the estimated score, the more favorable is the investor's outlook on La Z.
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 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's short interest history, or implied volatility extrapolated from La Z options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as La-Z-Boy using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see La Z Piotroski F Score and La Z Valuation analysis. Note that the La-Z-Boy information on this page should be used as a complementary analysis to other La Z'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for La Z Stock analysis

When running La-Z-Boy price analysis, check to measure La Z'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 is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z'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's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
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Is La Z'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. If investors know La Z 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 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 is measured differently than its book value, which is the value of La Z that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z'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's market value can be influenced by many factors that don't directly affect La Z'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's value and its price as these two are different measures arrived at by different means. Investors typically determine La Z value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z'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.