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Lazard (LAZ)
NYSE:LAZ
Holding LAZ?
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LAZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.82 - $50.26
Previous Close$45.57
Volume1.04M
Average Volume (3M)942.00K
Market Cap
$4.11B
Enterprise Value$6.62B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.38B
Price to Earnings (P/E)29.3
Beta1.33
Next Earnings
Oct 24, 2024EPS Estimate
$0.43Last Dividend Ex-Date
Aug 05, 2024Dividend Yield4.29%
Share Statistics
EPS (TTM)1.56
Shares Outstanding90,170,000
10 Day Avg. Volume666,705
30 Day Avg. Volume942,000
Standard Deviation0.10
R-Squared0.49
Alpha-0.00098
Financial Highlights & Ratios
Price to Book (P/B)9.06
Price to Sales (P/S)1.46
Price to Cash Flow (P/CF)5.80
P/FCF Ratio5.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.57
Enterprise Value/Gross Profit10.00T>
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$52.40Price Target Upside13.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Lazard News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLazard shares are up 9%+ on the 2Q24 beat and solid outlook.
Market Share GainsManagement believes the implied market share gains the firm has captured in recent quarters can be sustained as the M&A market recovery broadens out.
Revenue GrowthThe company delivered a better result, including a record first half of Advisory revenues against the challenging M&A backdrop.
Bears Say
Assets Under ManagementTotal assets under management are slightly below the consensus estimate for the end of the second quarter.
Net OutflowsMonthly net outflows accelerated to $3.6 billion.
Quarterly OutflowsQuarter-to-date net outflows of -$5.2 billion exceed the consensus estimate of -$4.4 billion.
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Ownership Overview
16.01% Insiders
40.31% Mutual Funds
40.78% Other Institutional Investors
2.91% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LAZ FAQ
What was Lazard’s price range in the past 12 months?
Lazard lowest stock price was $25.82 and its highest was $50.26 in the past 12 months.
What is Lazard’s market cap?
Currently, no data Available
When is Lazard’s upcoming earnings report date?
Lazard’s upcoming earnings report date is Oct 24, 2024 which is in 41 days.
How were Lazard’s earnings last quarter?
Lazard released its earnings results on Jul 25, 2024. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.348 by $0.172.
Is Lazard overvalued?
According to Wall Street analysts Lazard’s price is currently Undervalued.
Does Lazard pay dividends?
Lazard pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 4.29%. See more information on Lazard dividends here
What is Lazard’s EPS estimate?
Lazard’s EPS estimate is $0.43.
How many shares outstanding does Lazard have?
Lazard has 90,169,530 shares outstanding.
What happened to Lazard’s price movement after its last earnings report?
Lazard reported an EPS of $0.52 in its last earnings report, beating expectations of $0.348. Following the earnings report the stock price went up 11.934%.
Which hedge fund is a major shareholder of Lazard?
Among the largest hedge funds holding Lazard’s share is Ariel Investments LLC. It holds Lazard’s shares valued at 231M.
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Lazard Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$52.40 (13.67% Upside)
$52.40 (13.67% Upside)
Blogger Sentiment
Bullish
LAZ Sentiment 80%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 557.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 8.1%
Last 30 Days ▲ 8.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.41%
12-Months-Change
Fundamentals
Return on Equity
37.05%
Trailing 12-Months
Asset Growth
-1.65%
Trailing 12-Months
Company Description
Lazard
Lazard Ltd. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.
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LAZ Company Deck
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LAZ Earnings Call
Q2 2024
0:00 / 0:00
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LAZ Net revenue Breakdown
55.07% Financial Advisory
45.78% Asset management
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LAZ Stock 12 Month Forecast
Average Price Target
$52.40
▲(13.67% Upside)
Technical Analysis
Best Analysts Covering LAZ
1 Year
1 Year Success Rate
17/25 ratings generated profit
1 Year Average Return
+16.02%
reiterated a buy rating 2 months ago
Copying Devin Ryan's trades and holding each position for 1 Year would result in 68.00% of your transactions generating a profit, with an average return of +16.02% per trade.
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