Lazard Inc (NYSE:LAZ) shares, rose in value on Friday, February 14, with price up by 2.35% to the previous day’s close as strong demand from buyers drove the stock to $55.24.
Actively observing the price movement in the last trading, the stock closed the session at $53.97, falling within a range of $53.95 and $55.45. The value of beta (5-year monthly) was 1.395 whereas the PE ratio was 20.76 over 12-month period. Referring to stock’s 52-week performance, its high was $61.14, and the low was $35.56. On the whole, LAZ has fluctuated by 11.08% over the past month.
With the market capitalization of Lazard Inc currently standing at about $5.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 3.62%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.16B, with a low estimate of 660.16M and a high estimate of 754.93M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 709.27M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LAZ’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.63, with the price of LAZ currently trading nearly 3.41% and 5.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.55, while the 7-day volatility ratio is showing 2.84% which for the 30-day chart, stands at 3.32%. Furthermore, Lazard Inc (LAZ)’s beta value is 1.38, and its average true range (ATR) is 1.80.
A comparison of Lazard Inc (LAZ) with its peers suggests the former has fared considerably weaker in the market. LAZ showed an intraday change of 2.35% in last session, and over the past year, it grew by 48.69%%.
Data on historical trading for Lazard Inc (NYSE:LAZ) indicates that the trading volumes over the past 10 days have averaged 0.93 and over the past 3 months, they’ve averaged 879.58K. According to company’s latest data on outstanding shares, there are 87.41 million shares outstanding.
Nearly 2.66% of Lazard Inc’s shares belong to company insiders and institutional investors own 93.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.56 million shares as on 2025-01-31, resulting in a short ratio of 6.12. According to the data, the short interest in Lazard Inc (LAZ) stood at 752.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 4.65 million. The stock has risen by 7.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LAZ stock heading into the next quarter.
