Kurt Darrow - La Z Chairman
| LZB Stock | USD 34.04 0.35 1.02% |
Chairman
Mr. Kurt L. Darrow is the Chairman of the Board, President, Chief Executive Officer of the Company. He was director since 2003, and is currently chairman, president and chief executive officer . Since joining the company in 1979, he has served in positions of increased responsibility, including president of LaZBoy Residential, the company division. He is a member of the Business Leaders for Michigan, a nonprofit executive leadership organization, and serves on its executive committee. He served as chairman of the American Home Furnishings Alliance and continues to serves on its board. He is a member of the board of directors of the Mercy Memorial Hospital Corporation in Monroe, Michigan. He served as a Trustee of Adrian College for nine years, until May 2011. since 2021.
| Age | 65 |
| Tenure | 3 years |
| Address | One La-Z-Boy Drive, Monroe, MI, United States, 48162-5138 |
| Phone | 734 242 1444 |
| Web | https://www.la-z-boy.com |
La Z Management Efficiency
The company has Return on Asset of 0.0469 % which means that on every $100 spent on assets, it made $0.0469 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1249 %, implying that it generated $0.1249 on every 100 dollars invested. La Z's management efficiency ratios could be used to measure how well La Z manages its routine affairs as well as how well it operates its assets and liabilities. As of April 25, 2024, Return On Tangible Assets is expected to decline to 0.07. In addition to that, Return On Capital Employed is expected to decline to 0.14. At present, La Z's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.2 B, whereas Non Currrent Assets Other are forecasted to decline to about 47.9 M.Similar Executives
| Found 7 records | CHAIRMAN Age | ||
| Lynn Davis | Flexsteel Industries | 69 | |
| Paul Fulton | Bassett Furniture Industries | 82 | |
| Randall Chestnut | Crown Crafts | 69 | |
| Wayne Seabrook | MasterBrand | 52 | |
| Alfred Rankin | Hamilton Beach Brands | 79 | |
| J Davis | Flexsteel Industries | 68 | |
| Fred Elizalde | MasterBrand | 71 | |
Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0469 |
La Z Boy Leadership Team
Elected by the shareholders, the La Z's board of directors comprises two types of representatives: La Z inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LZB. The board's role is to monitor La Z's management team and ensure that shareholders' interests are well served. La Z's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, La Z's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Otis Sawyer, Senior Vice President and President - La-Z-Boy Portfolio Brands | ||
| Erika Alexander, Director | ||
| Terrence Linz, President Brands | ||
| Melinda Whittington, Chief Financial Officer, Senior Vice President | ||
| Jennifer McCurry, Chief Accounting Officer, Vice President Controller | ||
| Stephen Krull, Vice President General Counsel and Corporate Secretary | ||
| Bob Ireland, Head Initiatives | ||
| Katherine Vanderjagt, VP Officer | ||
| Darrell Edwards, Chief Operating Officer, Senior Vice President | ||
| Doug Collier, Chief Marketing Officer, Sr. VP and President of International | ||
| James Hackett, Independent Director | ||
| Richard Gabrys, Lead Independent Director | ||
| David Behen, CIO, Vice President | ||
| Robert II, President Officer | ||
| David Hehl, Independent Director | ||
| Mark Bacon, Senior Vice President and Presidentident - La-Z-Boy Branded Business | ||
| Warren McCollough, Lead Independent Director | ||
| George Levy, Independent Director | ||
| Robert Lucian, Chief Financial Officer, Senior Vice President | ||
| Mark Becks, Director Development | ||
| Alan McCollough, Independent Director | ||
| Kurt Darrow, Chairman of the Board, President, Chief Executive Officer | ||
| Rebecca OGrady, Independent Director | ||
| Robert Sundy, Senior Vice President Chief Commercial Officer | ||
| Janet Kerr, Independent Director | ||
| Nido Qubein, Independent Director | ||
| Sarah Gallagher, Independent Director | ||
| Keith Wilson, President - International | ||
| Michael Lawton, Independent Director | ||
| Lauren Peters, Independent Director | ||
| Raphael Richmond, Chief Compliance Officer, Vice President General Counsel | ||
| Carol Lee, VP Officer | ||
| Michael Leggett, Senior Officer | ||
| H Levy, Independent Director | ||
| Edwin Holman, Independent Director | ||
| Louis Riccio, CFO and Sr. VP | ||
| Douglas Collier, Senior Vice President Chief Commercial Officer and President - International | ||
| Kathy Liebmann, Director Communications | ||
| Katie Vanderjagt, Chief Human Resource Officer | ||
| Lindsay Barnes, Chief Accounting Officer, Vice President Controller, Treasurer |
LZB Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is La Z a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0469 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 1.6 B | ||||
| Shares Outstanding | 42.64 M | ||||
| Shares Owned By Insiders | 0.81 % | ||||
| Shares Owned By Institutions | 99.19 % | ||||
| Number Of Shares Shorted | 2.5 M | ||||
| Price To Earning | 17.21 X |
La Z Investors Sentiment
The influence of La Z's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in LZB. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to La Z's public news can be used to forecast risks associated with an investment in LZB. The trend in average sentiment can be used to explain how an investor holding LZB can time the market purely based on public headlines and social activities around La Z Boy Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
La Z's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for La Z's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average La Z's news discussions. The higher the estimated score, the more favorable is the investor's outlook on La Z.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards La Z in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, La Z's short interest history, or implied volatility extrapolated from La Z options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for LZB Stock analysis
When running La Z's price analysis, check to measure La Z'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 La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Is La Z'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 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 (0.10) | Dividend Share 0.745 | Earnings Share 2.7 | Revenue Per Share 47.71 | Quarterly Revenue Growth (0.13) |
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.