La Z Boy Incorporated Stock Chance of Future Stock Price Finishing Over 35.2

LZB Stock  USD 45.47  0.29  0.64%   
La Z's future price is the expected price of La Z instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of La Z Boy Incorporated performance during a given time horizon utilizing its historical volatility. Check out La Z Backtesting, La Z Valuation, La Z Correlation, La Z Hype Analysis, La Z Volatility, La Z History as well as La Z Performance.
  
At present, La Z's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.16, whereas Price To Sales Ratio is forecasted to decline to 0.49. Please specify La Z's target price for which you would like La Z odds to be computed.

La Z Target Price Odds to finish over 35.2

The tendency of LZB Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 35.20  in 90 days
 45.47 90 days 35.20 
close to 99
Based on a normal probability distribution, the odds of La Z to stay above $ 35.20  in 90 days from now is close to 99 (This La Z Boy Incorporated probability density function shows the probability of LZB Stock to fall within a particular range of prices over 90 days) . Probability of La Z Boy price to stay between $ 35.20  and its current price of $45.47 at the end of the 90-day period is over 95.74 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.29 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, La Z will likely underperform. Additionally La Z Boy Incorporated has an alpha of 0.1116, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   La Z Price Density   
       Price  

Predictive Modules for La Z

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as La Z Boy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
43.6045.2846.96
Details
Intrinsic
Valuation
LowRealHigh
42.6944.3746.05
Details
Naive
Forecast
LowNextHigh
42.6644.3446.02
Details
3 Analysts
Consensus
LowTargetHigh
39.1343.0047.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as La Z. Your research has to be compared to or analyzed against La Z's peers to derive any actionable benefits. When done correctly, La Z's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in La Z Boy.

La Z Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. La Z is not an exception. The market had few large corrections towards the La Z's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold La Z Boy Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of La Z within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.11
β
Beta against Dow Jones1.29
σ
Overall volatility
2.19
Ir
Information ratio 0.09

La Z Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of La Z for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for La Z Boy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 99.0% of the company shares are owned by institutional investors
Latest headline from forbes.com: Reclining Into La-Z-Boy Buy Write With Dividend This Thursday

La Z Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of LZB Stock often depends not only on the future outlook of the current and potential La Z's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. La Z's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding43.3 M
Cash And Short Term Investments347.9 M

La Z Technical Analysis

La Z's future price can be derived by breaking down and analyzing its technical indicators over time. LZB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of La Z Boy Incorporated. In general, you should focus on analyzing LZB Stock price patterns and their correlations with different microeconomic environments and drivers.

La Z Predictive Forecast Models

La Z's time-series forecasting models is one of many La Z's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary La Z's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about La Z Boy

Checking the ongoing alerts about La Z for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for La Z Boy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 99.0% of the company shares are owned by institutional investors
Latest headline from forbes.com: Reclining Into La-Z-Boy Buy Write With Dividend This Thursday
When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out La Z Backtesting, La Z Valuation, La Z Correlation, La Z Hype Analysis, La Z Volatility, La Z History as well as La Z Performance.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of La Z. If investors know LZB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about La Z listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
2.9
Revenue Per Share
48.399
Quarterly Revenue Growth
0.029
Return On Assets
0.0521
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because La Z's market value can be influenced by many factors that don't directly affect La Z's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.