LZB - La-Z-Boy Incorporated

NYSE - NYSE Delayed Price. Currency in USD
27.03
-0.11 (-0.41%)
At close: 4:00PM EDT
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Commodity Channel Index

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close27.14
Open27.57
Bid26.96 x 2200
Ask26.97 x 1200
Day's Range26.84 - 27.74
52 Week Range15.61 - 37.48
Volume224,871
Avg. Volume349,403
Market Cap1.24B
Beta (5Y Monthly)1.10
PE Ratio (TTM)16.28
EPS (TTM)1.66
Earnings DateAug 18, 2020 - Aug 24, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMar 06, 2020
1y Target Est32.67
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Near Fair Value
-3% Est. Return
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    Is La-Z-Boy (LZB) a Great Value Stock Right Now?

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    Wednesday Morning Market Highlights

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  • La-Z-Boy (LZB) Q4 Earnings Top Estimates
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    La-Z-Boy (LZB) Q4 Earnings Top Estimates

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  • GlobeNewswire

    La-Z-Boy Reports Fiscal 2020 Fourth-Quarter and Year-End Results

    MONROE, Mich., June 23, 2020 -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported its operating results for the fiscal 2020 fourth.

  • Benzinga

    A Peek Into La-Z-Boy's P/E Ratio

    Looking into the current session, La-Z-Boy Inc. (NYSE: LZB) shares are trading at $27.86, after a 1.27% increase. Moreover, over the past month, the stock increased by 9.99%, but in the past year, decreased by 7.96%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently above from its 52 week low by 78.48%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Furnishings Fixtures & Appliances stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Depending on the particular phase of a business cycle, some industries will perform better than others.La-Z-Boy Inc. has a better P/E ratio of 17.0 than the aggregate P/E ratio of 8.49 of the Furnishings Fixtures & Appliances industry. Ideally, one might believe that La-Z-Boy Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued.P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Morning Market Stats in 5 Minutes * Earnings Scheduled For June 23, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • GlobeNewswire

    La-Z-Boy Announces Passing of Steve Kincaid

    MONROE, Mich., June 22, 2020 -- With great sadness, La-Z-Boy Incorporated (NYSE: LZB) today announced that Steve Kincaid passed away over the weekend. A veteran of the.

  • Hedge Funds Standing By La-Z-Boy Incorporated (LZB)
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  • GlobeNewswire

    La-Z-Boy Announces Fiscal 2020 Fourth-Quarter and Full-Year Conference Call

    MONROE, Mich., June 10, 2020 -- La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2020 fourth-quarter and full-year results after the close of trading on the New York.

  • La-Z-Boy Southeast Recognized as No. 91 in Furniture Today's 37th Annual "Top 100 U.S. Furniture Stores 2020"
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    La-Z-Boy Southeast Recognized as No. 91 in Furniture Today's 37th Annual "Top 100 U.S. Furniture Stores 2020"

    Tipperary Sales, d.b.a. La-Z-Boy Southeast, is recognized as No. 91 in Furniture Today's 37th annual "Top 100 U.S. Furniture Stores" exclusive list with annual sales of $55.3M, up $5.5M from 2019.

  • La-Z-Boy Terminating 10% of Its Workforce
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    La-Z-Boy Terminating 10% of Its Workforce

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  • MarketWatch

    La-Z-Boy to lay off 850 people, close Mississippi plant

    La-Z-Boy Inc. said late Thursday it will lay off about 10% of its workforce, or 850 employees, across its business and including an upholstery factory in Mississippi. Production will be shifted to available capacity at the company's plants in Tennessee, Missouri, and Arkansas, La-Z-Boy said. The Mississippi plant, built in 1960, employs about 300 people and accounts for about 10% of the company's upholstery production as well as making the company's recliners and other furniture. The coronavirus pandemic "has had a far-reaching impact," Chief Executive Kurt L. Darrow said in a statement. The company "responded quickly" and as a result "we are confident we will emerge from the crisis with strength and remain a leader in the industry," Darrow said. " Since restarting production at the majority of our plants at the end of April, we have steadily increased production and continue to bring back more employees to meet demand." It is appropriate, however, to "right size" the business, Darrow said. "Still, these are difficult decisions to make and we deeply regret the impact they will have on those employees who are affected." La-Z-Boy expects to spend about $5 million to $7 million in fiscal 2021 in pre-tax charges related to these moves. The company is slated to report fiscal 2020 fourth-quarter and full-year results on June 23 after the bell.

  • GlobeNewswire

    La-Z-Boy Announces Moves to Strengthen and Re-Align Business

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  • La-Z-Boy Launches One Million Thanks For Healthcare Workers
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    La-Z-Boy Launches One Million Thanks For Healthcare Workers

    La-Z-Boy, one of the most recognized brands in the furniture industry, is launching a new campaign called "One Million Thanks" that honors the sacrifices of frontline healthcare workers throughout the COVID-19 pandemic. With support from brand ambassador Kristen Bell, La-Z-Boy is rallying the collective creativity of the internet community to create one million different ways to say "thank you" to healthcare workers. By tagging pictures and videos with OneMillionThanks, the campaign aims to create an overwhelming online show of support for healthcare workers.

  • Was The Smart Money Right About La-Z-Boy Incorporated (LZB)?
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  • GlobeNewswire

    La-Z-Boy Provides COVID-19 Manufacturing and Retail Update

    La-Z-Boy Incorporated (LZB), a global leader in residential furniture, today announced it will begin to resume operations at partial production capacity at several U.S.-based plants on April 27, 2020, following the temporary closure of its manufacturing facilities and company-owned La-Z-Boy Furniture Galleries® stores in response to the COVID-19 pandemic. The company is resuming production to work through its existing backlog and to be able to service expected demand. Additionally, over the past week, based on various applicable state guidelines, the company opened several retail locations across the U.S. on a reduced schedule and expects to open additional stores in the coming weeks.

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  • GlobeNewswire

    LA-Z-BOY PROVIDES UPDATE ON OPERATIONS

    MONROE, Mich., April 09, 2020 -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today provided an update to its COVID-19 action plan.  With a.

  • Reuters

    LA-Z-Boy puts most staff on furlough, cancels June dividend amid coronavirus

    La-Z-Boy Inc said on Sunday it was putting 6,800 employees on furlough, cutting workers' pay, scrapping its June dividend and ending its share repurchase plan indefinitely to conserve cash as it deals with the fallout from the coronavirus. The furniture maker, which said the furlough affected 70% of its workers, added that it was cutting senior management pay by 50% and dropping salaried workers' pay by 25% until further notice. Monroe, Michigan-based La-Z-Boy said it was temporarily closing its U.S. manufacturing facilities effective immediately and would re-evaluate the decision on April 13.

  • GlobeNewswire

    LA-Z-BOY ANNOUNCES COVID-19 ACTION PLAN

    La-Z-Boy Incorporated (LZB), a global leader in residential furniture, today announced its response to the COVID-19 crisis. Throughout this period, La-Z-Boy has followed all government regulations and recommendations and implemented best-practice health and safety protocols.

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    What Is La-Z-Boy's (NYSE:LZB) P/E Ratio After Its Share Price Tanked?

    Unfortunately for some shareholders, the La-Z-Boy (NYSE:LZB) share price has dived 37% in the last thirty days. That...