Lazard Inc (NYSE: LAZ) is -7.52% lower on its value in year-to-date trading and has touched a low of $35.56 and a high of $61.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LAZ stock was last observed hovering at around $48.39 in the last trading session, with the day’s loss setting it -0.78%.
Currently trading at $47.61, the stock is -6.93% and -7.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing -1.61% at the moment leaves the stock -2.09% off its SMA200. LAZ registered 19.62% gain for a year compared to 6-month gain of -1.33%.
The stock witnessed a -8.79% loss in the last 1 month and extending the period to 3 months gives it a -16.63%, and is -2.04% down 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 5.85% over the week and 3.94% over the month.
Lazard Inc (LAZ) has around 3263 employees, a market worth around $4.28B and $3.15B in sales. Current P/E ratio is 17.91 and Fwd P/E is 9.97. Profit margin for the company is 8.67%. Distance from 52-week low is 33.89% and -22.13% from its 52-week high. The company has generated returns on investments over the last 12 months (9.92%).
with sales reaching $705.7M over the same period.The EPS is expected to grow by 58.86% this year, but quarterly earnings will post 10.62% year-over-year. Quarterly sales are estimated to shrink -5.47% in year-over-year returns.
The shares outstanding are 90.30M, and float is at 87.55M with Short Float at 8.07%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.7 million shares valued at $408.64 million. The investor’s holdings represent 11.5226 of the LAZ Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 9.78 million shares valued at $373.41 million to account for 10.5292 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.52 million shares representing 7.1436 and valued at over $243.04 million, while ARIEL INVESTMENTS, LLC holds 6.5044 of the shares totaling 6.04 million with a market value of $230.67 million.
Lazard Inc (LAZ) Insider Activity
Lazard Inc disclosed in a document filed with the SEC on Feb 12 ’25 that Russo Evan L (CEO of Asset Management) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Feb 12 ’25 and was made at $53.40 per share for $2.67 million. Following the transaction, the insider now directly holds 34336.0 shares of the LAZ stock.
Still, SEC filings show that on Feb 12 ’25, Russo Evan L (CEO of Asset Management) disposed off 35,000 shares at an average price of $53.64 for $1.88 million. The insider now directly holds 188,448 shares of Lazard Inc (LAZ).
