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 It operates through Wholesale, Retail, Corporate and Other segments.
LaZBoy orporated is a small cap stock with a total market cap of 1.20B.
They trade on the NYSE and had their IPO 50 years and 4 months
LaZBoy orporated currently employs 12800 people.
News Relating to $LZB
MarketBeat
La-Z-Boy Reclines To The Buy Zone As Industry Normalizes
Wednesday Jun 21 2023 at 10:45
La-Z-Boy NYSE: LZB and other furniture stocks have declined over the past year as bubble-infused expectations were returned to reality. The takeaway from La-Z-Boy’s Q4 results and guidance is that normalization is at hand, and growth in the core retail segment is back in the picture.
Proactive Investors
La-Z-Boy shares set to decline on downbeat guidance
Wednesday Jun 21 2023 at 09:27
La-Z-Boy (NYSE:LZB) shares fell in pre-market trading after the furniture maker delivered fourth-quarter earnings that beat expectations but issued a weaker-than-expected sales forecast for the current quarter. The company reported an 18% decline in consolidated sales to $561 million for the quarter ended April 29, 2023, above the $533 million expected by Wall Street.
Zacks Investment Research
La-Z-Boy (LZB) Surpasses Q4 Earnings and Revenue Estimates
Tuesday Jun 20 2023 at 19:18
La-Z-Boy (LZB) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $1.07 per share a year ago.
Market Watch
La-Z-Boy stock drops on weak outlook
Tuesday Jun 20 2023 at 16:30
La-Z-Boy Inc. LZB, +0.99% shares fell in the extended session Tuesday after the recliner and furniture maker’s poor outlook overshadowed its earnings beat. La-Z-Boy shares fell as much as 6% after hours, following a 1% gain in the regular session to close at $27.46.
Zacks Investment Research
4 Furniture Stocks Worth Watching in a Challenging Industry
Monday Jun 12 2023 at 10:58
Although macroeconomic uncertainty poses risks, focus on digitization and product innovation raise hope for WSC, LZB, AMWD and FLXS.
GlobeNewsWire
La-Z-Boy Announces Timing of Fiscal 2023 Fourth Quarter Earnings Release/ Conference Call
Thursday Jun 08 2023 at 10:36
MONROE, Mich., June 08, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2023 fourth quarter results after the close of trading on the New York Stock Exchange on Tuesday, June 20, 2023, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, June 21, 2023.
Zacks Investment Research
Are Investors Undervaluing LaZBoy (LZB) Right Now?
Tuesday Apr 18 2023 at 11:27
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Seeking Alpha
La-Z-Boy: A Strong Buy For Conservative Investors
Thursday Apr 13 2023 at 22:14
La-Z-Boy: A Strong Buy For Conservative Investors
Zacks Investment Research
Should Value Investors Buy LaZBoy (LZB) Stock?
Thursday Mar 30 2023 at 11:23
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
3 Furniture Stocks Worth Watching in a Challenging Industry
Tuesday Mar 21 2023 at 10:42
Although rising inflation, macroeconomic uncertainty and supply-chain disruptions pose risks, focus on digitization and product innovation raise hopes for WSC, LZB and FLXS.
Insider Trading
Data is unavailable for Insider Trading
Debt & Income Analysis
(Original Source: SEC.GOV)
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
$LZB’s Income Quality of 1.36 is greater than its Industry Group of 0.73 (86.3% greater)
$LZB’s Income Quality of 1.36 is greater than its Major Industry Group of 0.3 (353.3% greater)
$LZB’s Income Quality of 1.36 is greater than its Sector of 0.83 (63.9% greater)
(Original Source: SEC.GOV)
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
$LZB’s Current Ratio of 1.67 is in line with its Industry Group of 1.67
$LZB’s Current Ratio of 1.67 is in line with its Major Industry Group of 1.67
$LZB’s Current Ratio of 1.67 is lower than its Sector of 2.48 (-32.7% lower)
Value Analysis
(Original Source: SEC.GOV)
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Cannot compare a negative PE Ratio (7.94 & -4.43)
$LZB’s PE Ratio of 7.94 is greater than its Major Industry Group of 3.57 (122.4% greater)
Cannot compare a negative PE Ratio (7.94 & -0.12)
(Original Source: SEC.GOV)
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
$LZB’s PB Ratio of 1.33 is greater than its Industry Group of 0.77 (72.7% greater)
$LZB’s PB Ratio of 1.33 is greater than its Major Industry Group of 1.03 (29.1% greater)
$LZB’s PB Ratio of 1.33 is lower than its Sector of 1.7 (-21.8% lower)
Efficiency Analysis
(Original Source: SEC.GOV)
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
$LZB’s ROE of 0.17 is greater than its Industry Group of -0.02 (950.0% greater)
$LZB’s ROE of 0.17 is greater than its Major Industry Group of 0.04 (325.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
(Original Source: SEC.GOV)
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
$LZB’s ROCE of 0.16 is greater than its Industry Group of 0.03 (433.3% greater)
$LZB’s ROCE of 0.16 is greater than its Major Industry Group of 0.06 (166.7% greater)
$LZB’s ROCE of 0.16 is greater than its Sector of 0.01 (1500.0% greater)