Lazard Stock Buy Hold or Sell Recommendation
| LAZ Stock | USD 39.63 1.13 2.94% |
Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding Lazard is 'Strong Hold'. Macroaxis provides Lazard buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Lazard positions. The advice algorithm takes into account all of Lazard's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Lazard's buy or sell advice are summarized below:
Real Value 38.78 | Target Price 38 | Hype Value 39.63 | Market Value 39.63 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Lazard given historical horizon and risk tolerance towards Lazard. When Macroaxis issues a 'buy' or 'sell' recommendation for Lazard, the advice is generated through an automated system that utilizes algorithms and statistical models.
Lazard |
Execute Lazard Buy or Sell Advice
The Lazard recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Lazard. Macroaxis does not own or have any residual interests in Lazard or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Lazard's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Lazard Trading Alerts and Improvement Suggestions
| The company reported the last year's revenue of 2.56 B. Reported Net Loss for the year was (79.92 M) with profit before taxes, overhead, and interest of 2.49 B. | |
| Lazard has a strong financial position based on the latest SEC filings | |
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from streetinsider.com: Lazard and Elaia Partners Form Strategic Partnership, Including the Launch of Lazard Elaia Capital, a Technology Focused Private Equity Investment Platform |
Lazard Returns Distribution Density
The distribution of Lazard's historical returns is an attempt to chart the uncertainty of Lazard's future price movements. The chart of the probability distribution of Lazard daily returns describes the distribution of returns around its average expected value. We use Lazard price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Lazard returns is essential to provide solid investment advice for Lazard.
| Mean Return | 0.05 | Value At Risk | -2.99 | Potential Upside | 2.36 | Standard Deviation | 1.66 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Lazard historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Lazard Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Lazard is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Lazard backward and forwards among themselves. Lazard's institutional investor refers to the entity that pools money to purchase Lazard's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hsbc Holdings Plc | 2023-09-30 | 791.2 K | Royce & Associates, Lp | 2023-09-30 | 782 K | Southeastern Asset Management Inc | 2023-09-30 | 713.7 K | Invenomic Capital Management, Lp | 2023-09-30 | 617 K | Citigroup Inc | 2023-09-30 | 551.4 K | Northern Trust Corp | 2023-09-30 | 542.9 K | Federated Hermes Inc | 2023-09-30 | 524.9 K | Dimensional Fund Advisors, Inc. | 2023-09-30 | 507.4 K | Goldman Sachs Group Inc | 2023-09-30 | 475.7 K | Vanguard Group Inc | 2023-09-30 | 10.5 M | Fmr Inc | 2023-09-30 | 9.6 M |
Lazard Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 42.8M | 64.3M | 39.7M | 49.5M | 28.3M | 38.5M | |
| Net Income | 297.7M | 402.7M | 542.5M | 392.5M | (79.9M) | (75.9M) | |
| End Period Cash Flow | 2.5B | 2.6B | 3.4B | 2.6B | 1.0B | 1.5B | |
| Change In Cash | 163.7M | 113.3M | 861.2M | (790.6M) | (854.7M) | (812.0M) | |
| Free Cash Flow | 635.2M | 511.6M | 826.4M | 784.5M | 136.4M | 129.5M | |
| Depreciation | 55.0M | 36.9M | 38.4M | 42.4M | 106.7M | 112.1M | |
| Other Non Cash Items | 425.9M | 64.7M | 468.1M | 60.7M | 30.3M | 28.7M | |
| Dividends Paid | 254.9M | 196.6M | 195.9M | 181.9M | 173.1M | 209.2M | |
| Investments | (42.2M) | (62.9M) | (39.1M) | (56.4M) | (53.9M) | (51.2M) | |
| Change Receivables | 35.7M | (72.2M) | (81.6M) | 140.7M | 161.9M | 169.9M | |
| Change To Netincome | 31.4M | 47.1M | 205.0M | 42.7M | 49.1M | 51.6M |
Lazard Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Lazard or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Lazard's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Lazard stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 1.71 | |
σ | Overall volatility | 1.72 | |
Ir | Information ratio | -0.02 |
Lazard Volatility Alert
Lazard has relatively low volatility with skewness of 0.19 and kurtosis of 0.74. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Lazard's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Lazard's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Lazard Fundamentals Vs Peers
Comparing Lazard's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Lazard's direct or indirect competition across all of the common fundamentals between Lazard and the related equities. This way, we can detect undervalued stocks with similar characteristics as Lazard or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Lazard's fundamental indicators could also be used in its relative valuation, which is a method of valuing Lazard by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Lazard to competition |
| Fundamentals | Lazard | Peer Average |
| Return On Equity | -0.0627 | -0.31 |
| Return On Asset | -0.0109 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 5.03 B | 16.62 B |
| Shares Outstanding | 87.43 M | 571.82 M |
| Shares Owned By Insiders | 3.46 % | 10.09 % |
| Shares Owned By Institutions | 55.45 % | 39.21 % |
| Number Of Shares Shorted | 2.12 M | 4.71 M |
| Price To Earning | 8.08 X | 28.72 X |
| Price To Book | 7.92 X | 9.51 X |
| Price To Sales | 1.33 X | 11.42 X |
| Revenue | 2.56 B | 9.43 B |
| Gross Profit | 2.49 B | 27.38 B |
| EBITDA | (57.89 M) | 3.9 B |
| Net Income | (79.92 M) | 570.98 M |
| Cash And Equivalents | 2.01 B | 2.7 B |
| Cash Per Share | 9.99 X | 5.01 X |
| Total Debt | 2.18 B | 5.32 B |
| Debt To Equity | 1.82 % | 48.70 % |
| Current Ratio | 7.36 X | 2.16 X |
| Book Value Per Share | 4.85 X | 1.93 K |
| Cash Flow From Operations | 164.66 M | 971.22 M |
| Short Ratio | 1.64 X | 4.00 X |
| Earnings Per Share | (0.90) X | 3.12 X |
| Price To Earnings To Growth | 1.02 X | 4.89 X |
| Target Price | 49.0 | |
| Number Of Employees | 3.29 K | 18.84 K |
| Beta | 1.46 | -0.15 |
| Market Capitalization | 3.37 B | 19.03 B |
| Total Asset | 4.64 B | 29.47 B |
| Retained Earnings | 1.4 B | 9.33 B |
| Working Capital | 1.26 B | 1.48 B |
Note: Disposition of 1685 shares by Evan Russo of Lazard subject to Rule 16b-3 [view details]
Lazard Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Lazard . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 25122.77 | |||
| Daily Balance Of Power | 0.8188 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 39.29 | |||
| Day Typical Price | 39.4 | |||
| Price Action Indicator | 0.91 | |||
| Period Momentum Indicator | 1.13 |
About Lazard Buy or Sell Advice
When is the right time to buy or sell Lazard? Buying financial instruments such as Lazard Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 975.2M | 556.5M | 423.8M | 631.2M | Total Assets | 7.1B | 5.9B | 4.6B | 4.4B |
Use Investing Ideas to Build Portfolios
In addition to having Lazard in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Funds Theme or any other thematic opportunities.
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Check out Lazard Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.Note that the Lazard information on this page should be used as a complementary analysis to other Lazard's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Lazard Stock analysis
When running Lazard's price analysis, check to measure Lazard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lazard is operating at the current time. Most of Lazard's value examination focuses on studying past and present price action to predict the probability of Lazard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazard's price. Additionally, you may evaluate how the addition of Lazard to your portfolios can decrease your overall portfolio volatility.
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Is Lazard's industry 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 Lazard. If investors know Lazard 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 Lazard 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 0.466 | Dividend Share 2 | Earnings Share (0.90) | Revenue Per Share 28.328 | Quarterly Revenue Growth 0.124 |
The market value of Lazard is measured differently than its book value, which is the value of Lazard that is recorded on the company's balance sheet. Investors also form their own opinion of Lazard's value that differs from its market value or its book value, called intrinsic value, which is Lazard'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 Lazard's market value can be influenced by many factors that don't directly affect Lazard'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 Lazard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard'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.