La Z Stock Quote Today

LZB
 Stock
  

USD 23.17  0.45  1.91%   

Market Performance
0 of 100
Odds Of Distress
Less than 20
La Z is trading at 23.17 as of the 25th of September 2022, a -1.91 percent decrease since the beginning of the trading day. The stock's open price was 23.62. La Z has about a 20 % chance of experiencing some form of 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 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2021 and ending today, the 25th of September 2022. Click here to learn more.
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 43.91 M outstanding shares of which 3.37 M shares are now shorted by investors with about 4.82 days to cover. More on La-Z-Boy

Moving together with La Z

+0.71WFCWells Fargo Fiscal Year End 13th of January 2023 PairCorr
Follow Valuation Odds of Bankruptcy
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La Z 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's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding La Z or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
La-Z-Boy generated a negative expected return over the last 90 days
On 15th of September 2022 La Z paid $ 0.165 per share dividend to its current shareholders
Latest headline from www.detroitnews.com: Dow hits 2022 low as markets sell off on recession fears - Detroit News
ChairmanKurt Darrow
Average Analyst Recommendation
Analysts covering La Z report their recommendations after researching La Z's financial statements, talking to executives and customers, or listening in on La Z's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering La-Z-Boy. The La Z consensus assessment is calculated by taking the average forecast from all of the analysts covering La Z.
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's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
La-Z-Boy (LZB) is traded on New York Stock Exchange in USA and employs 12,800 people. The company currently falls under 'Mid-Cap' category with total capitalization of 1.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate La Z's market, we take the total number of its shares issued and multiply it by La Z'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 runs under Consumer Cyclical sector within Furnishings, Fixtures & Appliances industry. The entity has 43.91 M outstanding shares of which 3.37 M shares are now shorted by investors with about 4.82 days to cover. La-Z-Boy has about 262.95 M in cash with 79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.1.
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Ownership
La-Z-Boy secures a total of fourty-three million nine hundred ten thousand outstanding shares. The majority of La-Z-Boy 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 to benefit from reduced commissions. Thus, outside corporations are subject to a different set of regulations than regular investors in La-Z-Boy. Please pay attention to any change in the institutional holdings of La Z as this could imply that something significant has changed or about to change at the company. Also note that almost four hundred thirty-nine thousand one hundred invesors are currently shorting La Z expressing very little confidence in its future performance.

Ownership Allocation (%)

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La Z Stock Price Odds Analysis

What are La Z's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of La Z jumping above the current price in 90 days from now is roughly 97.0%. The La-Z-Boy probability density function shows the probability of La Z 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 1.3039. 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 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 is significantly underperforming DOW.
  Odds Below 23.17HorizonTargetOdds Above 23.17
3.15%90 days
 23.17 
96.81%
Based on a normal probability distribution, the odds of La Z to move above the current price in 90 days from now is roughly 97.0 (This La-Z-Boy probability density function shows the probability of La Z Stock to fall within a particular range of prices over 90 days) .

La Z Stock 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.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares6.9 M164.2 M
Vanguard Group IncCommon SharesM118.2 M
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La-Z-Boy Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. La Z market risk premium is the additional return an investor will receive from holding La Z long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in La Z. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although La Z's alpha and beta are two of the key measurements used to evaluate La Z's performance over the market, the standard measures of volatility play an important role as well.

La Z Stock Against Markets

Picking the right benchmark for La Z stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in La Z stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for La Z is critical whether you are bullish or bearish towards La-Z-Boy at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in La Z without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Portfolio Volatility

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La Z Corporate Directors

La Z corporate directors refer to members of a La Z board of directors. The board of directors generally takes responsibility for the La Z'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's board members must vote for the resolution. The La Z 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?

The danger of trading La-Z-Boy 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 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. 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 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 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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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.
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.