Lazard Inc (NYSE: LAZ) is -25.33% lower on its value in year-to-date trading and has touched a low of $31.97 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 $33.41 in the last trading session, with the day’s gains setting it 5.03%.
Currently trading at $38.44, the stock is -10.64% and -19.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.58 million and changing 15.06% at the moment leaves the stock -21.79% off its SMA200. LAZ registered -6.77% loss for a year compared to 6-month loss of -20.71%. The firm has a 50-day simple moving average (SMA 50) of $47.8044 and a 200-day simple moving average (SMA200) of $49.1473.
The stock witnessed a -16.42% gain in the last 1 month and extending the period to 3 months gives it a -23.43%, and is -15.48% 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 12.64% over the week and 6.11% over the month.
Lazard Inc (LAZ) has around 3263 employees, a market worth around $3.46B and $3.15B in sales. Current P/E ratio is 14.46 and Fwd P/E is 9.86. Profit margin for the company is 8.67%. Distance from 52-week low is 20.24% and -37.13% from its 52-week high. The company has generated returns on investments over the last 12 months (9.92%).
with sales reaching $672.09M over the same period.The EPS is expected to grow by 13.63% this year, but quarterly earnings will post 3.75% year-over-year. Quarterly sales are estimated to shrink -9.98% in year-over-year returns.
386.0 institutions hold shares in Lazard Inc (LAZ), with institutional investors hold 93.93% of the company’s shares. The shares outstanding are 90.30M, and float is at 87.33M with Short Float at 7.51%. Institutions hold 91.27% of the Float.
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 7.86 million shares representing 8.4632 and valued at over $300.14 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
The most recent transaction is an insider sale by Orszag Peter Richard, the company’s CEO & Chairman. SEC filings show that Orszag Peter Richard sold 64,539 shares of the company’s common stock on Mar 17 ’25 at a price of $45.56 per share for a total of $2.94 million. Following the sale, the insider now owns 0.17 million shares.
Lazard Inc disclosed in a document filed with the SEC on Mar 14 ’25 that Orszag Peter Richard (CEO & Chairman) sold a total of 64,539 shares of the company’s common stock. The trade occurred on Mar 14 ’25 and was made at $45.24 per share for $2.92 million. Following the transaction, the insider now directly holds 0.23 million shares of the LAZ stock.
Still, SEC filings show that on Mar 17 ’25, Orszag Peter Richard (Officer) Proposed Sale 64,539 shares at an average price of $45.12 for $2.91 million. The insider now directly holds shares of Lazard Inc (LAZ).
