La-Z-Boy Inc (NYSE: LZB) has reported E.P.S. of $0.62 for its first fiscal quarter (ending July 31) versus $0.64 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $2.84 compared to $3.24 a year ago.
Recent Price Action
On 8/20/24, La-Z-Boy Inc (NYSE: LZB) stock declined by -2.4%, closing at $41.87. Trading volume in this decline was normal. Relative to the market the stock has been strong over the last nine months and has risen 2.7% during the last week.
Current PriceTarget Research Rating
LZB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
La-Z-Boy has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. La-Z-Boy has a slightly positive Appreciation Score of 61 and a slightly positive Power Rating of 69, and the Positive Value Trend Rating results.
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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