La-Z-Boy Reports First Quarter Fiscal 2024 Results - GlobeNewswire
LAZ Stock | EUR 42.00 1.20 2.94% |
Roughly 55% of La-Z-Boy Incorporated's stockholders are presently thinking to get in. The analysis of current outlook of investing in La Z Boy Incorporated suggests that some traders are interested regarding La-Z-Boy Incorporated's prospects. The current market sentiment, together with La-Z-Boy Incorporated's historical and current headlines, can help investors time the market. In addition, many technical investors use La-Z-Boy Incorporated stock news signals to limit their universe of possible portfolio assets.
La-Z-Boy Incorporated stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of La-Z-Boy daily returns and investor perception about the current price of La Z Boy Incorporated as well as its diversification or hedging effects on your existing portfolios.
La-Z-Boy |
La-Z-Boy Reports First Quarter Fiscal 2024 Results GlobeNewswire
Read at news.google.com
La-Z-Boy Incorporated Fundamental Analysis
We analyze La-Z-Boy Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of La-Z-Boy Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of La-Z-Boy Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
La Z is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
La-Z-Boy Incorporated Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with La-Z-Boy Incorporated stock to make a market-neutral strategy. Peer analysis of La-Z-Boy Incorporated could also be used in its relative valuation, which is a method of valuing La-Z-Boy Incorporated by comparing valuation metrics with similar companies.
Peers
La-Z-Boy Incorporated Related Equities
SMG | Magnachip Semiconductor | 7.03 | ||||
ELG | Elmos Semiconductor | 3.60 | ||||
55O1 | Apollo Investment | 1.56 | ||||
HKT | HK Electric | 1.56 | ||||
8PM | PennyMac Mortgage | 0.00 | ||||
TOW | Tower Semiconductor | 0.00 | ||||
1G3 | Gladstone Investment | 0.23 | ||||
DNN | Strategic Investments | 6.67 |
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