La-Z-Boy Inc (NYSE: LZB) has reported earnings for its second fiscal quarter (ending October 31) of $0.72 versus $0.63 for the same period a year ago — an increase of 14%. For the latest four quarters through October 31, E.P.S. were $2.93 versus $2.80 for the same period a year ago — an increase of 5%.
Recent Price Action
La-Z-Boy Inc (NYSE: LZB) stock declined modestly by -1.1% on 11/19/24. The stock closed at $42.31. Moreover, this decline was accompanied by above average trading volume at 131% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.0% during the last week.
Current PriceTarget Research Rating
La-Z-Boy has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. La-Z-Boy has a slightly positive Appreciation Score of 64 and a good Power Rating of 72, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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