While Lazard Inc. has underperformed by -1.31%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LAZ rose by 76.86%, with highs and lows ranging from $54.57 to $25.82, whereas the simple moving average jumped by 27.25% in the last 200 days.
On September 12, 2024, Wells Fargo started tracking Lazard Inc. (NYSE: LAZ) recommending Equal Weight. Wolfe Research also Upgraded LAZ shares as ‘Outperform’, setting a target price of $42 on the company’s shares in a report dated January 03, 2024. Goldman September 19, 2023d the rating to Sell on September 19, 2023, and set its price target from $37 to $32. Keefe Bruyette July 13, 2023d its ‘Underperform’ rating to ‘Mkt Perform’ for LAZ, as published in its report on July 13, 2023. Morgan Stanley’s report from July 12, 2023 suggests a price prediction of $43 for LAZ shares, giving the stock a ‘Overweight’ rating. Wolfe Research also rated the stock as ‘Peer Perform’.
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Analysis of Lazard Inc. (LAZ)
LAZ currently pays a dividend of $2.00 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 10.19%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Lazard Inc.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 37.05% is sufficient for you to turn a profit off your investment.
An average volume of 724.32K can be a very valuable indicator of volatility for LAZ stock. On a monthly basis, the volatility of the stock is set at 2.65%, whereas on a weekly basis, it is put at 3.00%, with a gain of 7.16% over the past seven days. Furthermore, long-term investors anticipate a median target price of $53.75, showing growth from the present price of $53.59, which can serve as yet another indication of whether LAZ is worth investing in or should be passed over.
How Do You Analyze Lazard Inc. Shares?
The USA based company Lazard Inc. (LAZ) is one of the biggest names in Capital Markets. When comparing Lazard Inc. shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 34.43, there is a growth in quarterly earnings of 134.80%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.20%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 88.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LAZ shares are owned by institutional investors to the tune of 88.04% at present.
