Analyst Ratings for La-Z-Boy Inc. (LZB)

Updated: 2017-07-27

Shares of La-Z-Boy Inc. (NYSE:LZB) have received a consensus rating of Overweight from Wall Street analysts. Last month, LZB received an average rating of Overweight.

2 analysts declared LZB a buy, 0 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for LZB. The most optimistic price target was 36, which equates to a potential upside of 8.27 percent. The most pessimistic price target was 30, implying a possible loss of -9.77 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -12.04 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.21 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

LZB has an estimated earnings growth rate of 6.82 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of LZB is 2.8.

LZB has traded between a high of 33.45 and a low of 22.09 over the past year. Today's price is 50.52 percent above the 52-week low, and 0.6 percent lower than its 52-week high. LZB has a P/E ratio of 19.11. Investors typically compare the P/E ratio to a company's peers in the industry. The LZB value stock report compares LZB to some of its peers using value stock charts. The market cap of LZB is $1.6 billion. LZB will post this quarters earnings in days, on 0000-00-00.