La Z Net Worth

La Z Net Worth Breakdown

  LZB
The net worth of La Z Boy Incorporated is the difference between its total assets and liabilities. La Z's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of La Z's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. La Z's net worth can be used as a measure of its financial health and stability which can help investors to decide if La Z is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in La Z Boy Incorporated stock.

La Z Net Worth Analysis

La Z's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including La Z's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of La Z's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform La Z's net worth analysis. One common approach is to calculate La Z's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares La Z's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing La Z's net worth. This approach calculates the present value of La Z's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of La Z's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate La Z's net worth. This involves comparing La Z's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into La Z's net worth relative to its peers.

Enterprise Value

471.26 Million

To determine if La Z is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding La Z's net worth research are outlined below:
Over 99.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Are Consumer Discretionary Stocks Lagging LaZBoy This Year
La Z uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in La Z Boy Incorporated. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to La Z's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
20th of February 2024
Upcoming Quarterly Report
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18th of June 2024
Next Financial Report
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31st of January 2024
Next Fiscal Quarter End
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18th of June 2024
Next Fiscal Year End
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31st of October 2023
Last Quarter Report
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30th of April 2023
Last Financial Announcement
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Know La Z's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as La Z is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading La Z Boy Incorporated backward and forwards among themselves. La Z's institutional investor refers to the entity that pools money to purchase La Z's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
William Blair Investment Management, Llc2024-09-30
975.4 K
Fuller & Thaler Asset Management Inc2024-09-30
936.7 K
Schroder Investment Management Group2024-06-30
872.5 K
Charles Schwab Investment Management Inc2024-09-30
779 K
Brown Advisory Holdings Inc2024-09-30
724.1 K
Arrowstreet Capital Limited Partnership2024-06-30
579.4 K
Systematic Financial Management Lp2024-09-30
563.7 K
T. Rowe Price Investment Management,inc.2024-09-30
536.7 K
Bank Of New York Mellon Corp2024-06-30
500.8 K
Blackrock Inc2024-06-30
6.5 M
Vanguard Group Inc2024-09-30
M
Note, although La Z's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow La Z's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.88 B.

Market Cap

460.47 Million

Project La Z's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.09 
Return On Capital Employed 0.10  0.16 
Return On Assets 0.06  0.08 
Return On Equity 0.12  0.19 
The company has Net Profit Margin of 0.06 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.07 %, which entails that for every 100 dollars of revenue, it generated $0.07 of operating income.
When accessing La Z's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures La Z's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of La Z's profitability and make more informed investment decisions.
Please note, the presentation of La Z's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, La Z's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of La Z's management manipulating its earnings.

Evaluate La Z's management efficiency

La Z Boy has Return on Asset of 0.0521 % which means that on every $100 spent on assets, it made $0.0521 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1251 %, implying that it generated $0.1251 on every 100 dollars invested. La Z's management efficiency ratios could be used to measure how well La Z manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.09. The current year's Return On Capital Employed is expected to grow to 0.16. At present, La Z's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.1 B, whereas Non Currrent Assets Other are forecasted to decline to about 41.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 23.63  18.62 
Tangible Book Value Per Share 17.53  13.43 
Enterprise Value Over EBITDA 5.37  4.21 
Price Book Value Ratio 1.42  1.43 
Enterprise Value Multiple 5.37  4.21 
Price Fair Value 1.42  1.43 
Enterprise Value472.5 M471.3 M
Evaluating the management effectiveness of La Z allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The LZB Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Enterprise Value Revenue
0.9973
Revenue
2.1 B
Quarterly Revenue Growth
0.029
Revenue Per Share
48.399
Return On Equity
0.1251
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific La Z insiders, such as employees or executives, is commonly permitted as long as it does not rely on La Z's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases La Z insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

La Z Corporate Filings

8K
19th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
6th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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17th of July 2024
Other Reports
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31st of May 2024
Other Reports
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La Z time-series forecasting models is one of many La Z's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary La Z's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

La Z Earnings per Share Projection vs Actual

La Z Corporate Directors

James HackettIndependent DirectorProfile
Warren McColloughLead Independent DirectorProfile
Mark BecksDirector DevelopmentProfile
Rebecca OGradyIndependent DirectorProfile
When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of La Z. If investors know LZB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about La Z listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
2.9
Revenue Per Share
48.399
Quarterly Revenue Growth
0.029
Return On Assets
0.0521
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because La Z's market value can be influenced by many factors that don't directly affect La Z's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.