La-Z-Boy Inc. (NYSE: LZB) is 17.69% higher on its value in year-to-date trading and has touched a low of $27.92 and a high of $45.23 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LZB stock was last observed hovering at around $43.92 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $43.45, the stock is 6.02% and 4.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.72 million and changing -1.07% at the moment leaves the stock 16.13% off its SMA200. LZB registered 37.94% gain for a year compared to 6-month gain of 16.80%.
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The stock witnessed a 7.52% loss in the last 1 month and extending the period to 3 months gives it a 14.67%, and is 2.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.37% over the week and 2.83% over the month.
La-Z-Boy Inc. (LZB) has around 10200 employees, a market worth around $1.82B and $2.06B in sales. Current P/E ratio is 15.41 and Fwd P/E is 12.88. Profit margin for the company is 5.89%. Distance from 52-week low is 55.62% and -3.94% from its 52-week high. The company has generated returns on investments over the last 12 months (8.63%).
The EPS is expected to shrink by -0.67% this year.
La-Z-Boy Inc. (LZB) Top Institutional Holders
331.0 institutions hold shares in La-Z-Boy Inc. (LZB), with institutional investors hold 103.29% of the company’s shares. The shares outstanding are 42.44M, and float is at 41.30M with Short Float at 6.18%. Institutions hold 102.57% of the Float.
La-Z-Boy Inc. (LZB) Insider Activity
The most recent transaction is an insider sale by KERR JANET, the company’s Director. SEC filings show that KERR JANET sold 3,890 shares of the company’s common stock on Sep 05 ’24 at a price of $40.89 per share for a total of $0.16 million. Following the sale, the insider now owns 3372.0 shares.
Still, SEC filings show that on Aug 26 ’24, McCurry Jennifer Lynn (Chief Accounting Officer) disposed off 4,414 shares at an average price of $41.31 for $0.18 million. The insider now directly holds 13,236 shares of La-Z-Boy Inc. (LZB).
