How to buy La-Z-Boy Incorporated stock - 19 April

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How to buy La-Z-Boy Incorporated stock

Own La-Z-Boy Incorporated stock in just a few minutes.

La-Z-Boy Incorporated is a furnishings, fixtures & appliances business based in the US. La-Z-Boy Incorporated shares (LZB) are listed on the NYSE and all prices are listed in US Dollars. La-Z-Boy Incorporated employs 9,500 staff and has a trailing 12-month revenue of around USD0.00.

How to buy shares in La-Z-Boy Incorporated

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for La-Z-Boy Incorporated. Find the stock by name or ticker symbol: LZB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until La-Z-Boy Incorporated reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of La-Z-Boy Incorporated, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of La-Z-Boy Incorporated. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

La-Z-Boy Incorporated share price

Use our graph to track the performance of LZB stocks over time.

La-Z-Boy Incorporated shares at a glance

Information last updated 2021-04-15.
52-week rangeUSD$19.15 - USD$46.17
50-day moving average USD$42.89
200-day moving average USD$39.45
Wall St. target priceUSD$50.00
PE ratio 28.066
Dividend yield USD$0.35 (0.82%)
Earnings per share (TTM) USD$1.55

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy La-Z-Boy Incorporated stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is La-Z-Boy Incorporated under- or over-valued?

Valuing La-Z-Boy Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of La-Z-Boy Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

La-Z-Boy Incorporated's P/E ratio

La-Z-Boy Incorporated's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, La-Z-Boy Incorporated shares trade at around 28x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

La-Z-Boy Incorporated's PEG ratio

La-Z-Boy Incorporated's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.01. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into La-Z-Boy Incorporated's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

La-Z-Boy Incorporated's EBITDA

La-Z-Boy Incorporated's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$201.8 million.

The EBITDA is a measure of a La-Z-Boy Incorporated's overall financial performance and is widely used to measure a its profitability.

La-Z-Boy Incorporated financials

Revenue TTM USD$1.6 billion
Operating margin TTM 10.69%
Gross profit TTM USD$737.7 million
Return on assets TTM 6.64%
Return on equity TTM 9.61%
Profit margin 4.5%
Book value $16.83
Market capitalisation USD$2 billion

TTM: trailing 12 months

Shorting La-Z-Boy Incorporated shares

There are currently 2.5 million La-Z-Boy Incorporated shares held short by investors – that's known as La-Z-Boy Incorporated's "short interest". This figure is 2.3% down from 2.6 million last month.

There are a few different ways that this level of interest in shorting La-Z-Boy Incorporated shares can be evaluated.

La-Z-Boy Incorporated's "short interest ratio" (SIR)

La-Z-Boy Incorporated's "short interest ratio" (SIR) is the quantity of La-Z-Boy Incorporated shares currently shorted divided by the average quantity of La-Z-Boy Incorporated shares traded daily (recently around 483625.67049808). La-Z-Boy Incorporated's SIR currently stands at 5.22. In other words for every 100,000 La-Z-Boy Incorporated shares traded daily on the market, roughly 5220 shares are currently held short.

However La-Z-Boy Incorporated's short interest can also be evaluated against the total number of La-Z-Boy Incorporated shares, or, against the total number of tradable La-Z-Boy Incorporated shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case La-Z-Boy Incorporated's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 La-Z-Boy Incorporated shares in existence, roughly 50 shares are currently held short) or 0.0751% of the tradable shares (for every 100,000 tradable La-Z-Boy Incorporated shares, roughly 75 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against La-Z-Boy Incorporated.

Find out more about how you can short La-Z-Boy Incorporated stock.

La-Z-Boy Incorporated share dividends

16%

Dividend payout ratio: 16.14% of net profits

Recently La-Z-Boy Incorporated has paid out, on average, around 16.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.4% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), La-Z-Boy Incorporated shareholders could enjoy a 1.4% return on their shares, in the form of dividend payments. In La-Z-Boy Incorporated's case, that would currently equate to about $0.35 per share.

While La-Z-Boy Incorporated's payout ratio might seem low, this can signify that La-Z-Boy Incorporated is investing more in its future growth.

La-Z-Boy Incorporated's most recent dividend payout was on 14 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 2 March 2021 (the "ex-dividend date").

Have La-Z-Boy Incorporated's shares ever split?

La-Z-Boy Incorporated's shares were split on a 3:1 basis on 14 September 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your La-Z-Boy Incorporated shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for La-Z-Boy Incorporated shares which in turn could have impacted La-Z-Boy Incorporated's share price.

La-Z-Boy Incorporated share price volatility

Over the last 12 months, La-Z-Boy Incorporated's shares have ranged in value from as little as $19.1466 up to $46.1715. A popular way to gauge a stock's volatility is its "beta".

LZB.US volatility(beta: 1.13)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while La-Z-Boy Incorporated's is 1.128. This would suggest that La-Z-Boy Incorporated's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

La-Z-Boy Incorporated overview

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 Upholstery, Casegoods, and Retail segments. The Upholstery segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas. It sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Casegoods segment imports, markets, and distributes casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces, as well as manufactures upholstered furniture. This segment sells its products to dealers, La-Z-Boy Furniture Galleries stores, and other independent retailers under the American Drew, Hammary, and Kincaid brands. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network.

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