La Z Boy Incorporated Stock Today
| LZB Stock | USD 43.45 0.47 1.07% |
Performance10 of 100
| Odds Of DistressLess than 5
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La Z is trading at 43.45 as of the 23rd of September 2024, a 1.07 percent decrease since the beginning of the trading day. The stock's open price was 43.92. La Z has under 5 % chance of experiencing financial distress over the next 2 years and had a ok performance during the last 90 days. Note, on August 15, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of La Z Boy's common stock.
Business Domain Consumer Durables & Apparel | IPO Date 5th of January 1988 | Category Consumer Cyclical | Classification Consumer Discretionary |
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 41.83 M outstanding shares of which 2.55 M shares are now shorted by investors with about 5.0 days to cover. More on La Z Boy Incorporated
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LZB Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Kurt Darrow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Consumer Goods (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Household Durables, Furnishings, Fixtures & Appliances, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Consumer Goods, Consumer Discretionary, Household Durables, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsLa Z can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand La Z's financial leverage. It provides some insight into what part of La Z's total assets is financed by creditors.
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La Z Boy Incorporated (LZB) is traded on New York Stock Exchange in USA. It is located in One La-Z-Boy Drive, Monroe, MI, United States, 48162-5138 and employs 10,200 people. La Z is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.82 B. La Z Boy runs under Household Durables sector within Consumer Discretionary industry. The entity has 41.83 M outstanding shares of which 2.55 M shares are now shorted by investors with about 5.0 days to cover.
La Z Boy Incorporated has about 343.37 M in cash with 158.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.91.
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Ownership AllocationThe 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 Incorporated to benefit from reduced commissions. Therefore, 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 is about to change at the company. Please note that on August 15, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of La Z Boy's common stock.
Check LZB Ownership Details
LZB Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Schroder Investment Management Group | 2024-06-30 | 872.5 K | |
| Brown Advisory Holdings Inc | 2024-06-30 | 857.1 K | |
| Charles Schwab Investment Management Inc | 2024-06-30 | 777.1 K | |
| T. Rowe Price Investment Management,inc. | 2024-06-30 | 591.7 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 590.5 K | |
| Arrowstreet Capital Limited Partnership | 2024-06-30 | 579.4 K | |
| Systematic Financial Management Lp | 2024-06-30 | 515.4 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 500.8 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 475.7 K | |
| Blackrock Inc | 2024-06-30 | 6.5 M | |
| Vanguard Group Inc | 2024-06-30 | 5 M |
La Z Historical Income Statement
LZB Stock Against Markets
La Z Corporate Directors
| James Hackett | Independent Director | Profile | |
| Warren McCollough | Lead Independent Director | Profile | |
| Mark Becks | Director Development | Profile | |
| Rebecca OGrady | Independent Director | Profile |
Additional Information and Resources on Investing in LZB Stock
When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Household Durables space 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 LZB 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 (0.03) | Dividend Share 0.782 | Earnings Share 2.81 | Revenue Per Share 48.399 | Quarterly Revenue Growth 0.029 |
The market value of La Z Boy is measured differently than its book value, which is the value of LZB 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 if La Z is a good investment 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.