Lazard Story

<div class='circular--portrait' style='background:#347AFC;color: #ffffff;font-size:3em;'>LAZ</div>
LAZ -- USA Stock  

USD 34.41  0.43  1.27%

Lazard Earnings per Diluted Share are fairly stable at the moment as compared to the past year. Lazard reported Earnings per Diluted Share of 2.44 in 2019. Enterprise Value over EBIT is likely to grow to 16.18 in 2020, whereas Average Assets are likely to drop slightly above 5.1 B in 2020. If you are looking to grow your portfolio over time, you may want to break down all of the essential basic indicators of your selected equities before buying their shares. In this article, we will break down Lazard. We will evaluate if Lazard shares are reasonably priced going into August. Lazard LTD Lazard probability of distress is under 41 percent. Will Lazard investors continue to purchase in August?
Published over a month ago
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Does Lazard (NYSE:LAZ) has strong basic indicators based on the current rise?
Lazard appears to be very steady, given 1 month investment horizon. Lazard LTD Lazard has Sharpe Ratio of 0.0916, which conveys that the firm had 0.0916% of return per unit of risk over the last month. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Lazard, which you can use to evaluate future volatility of the firm. Please exercise Lazard LTD Lazard Mean Deviation of 2.66, downside deviation of 3.75, and Risk Adjusted Performance of 0.0793 to check out if our risk estimates are consistent with your expectations.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Lazard income statement, its balance sheet, and the statement of cash flows. Potential Lazard investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Lazard investors may use each financial statement separately, they are all related. The changes in Lazard's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lazard's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages. The goal of Lazard fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Lazard performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Lazard shares is the value that is considered the true value of the share. If the intrinsic value Lazard is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Lazard. Please read more on our fundamental analysis page.

What is Lazard Asset Breakdown?

Lazard LTD Lazard reports assets on its Balance Sheet. It represents the amount of Lazard resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Lazard volatility, please check the breakdown of all its fundamentals

Are Lazard Earnings Expected to grow?

The future earnings power of Lazard involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Lazard factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Lazard stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Lazard expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Lazard earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Lazard dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Lazard one year expected dividend income is about $1.4 per share.
Payment of Dividends and Other Cash Distributions is likely to drop to about (275 M) in 2020. Dividend Yield is likely to drop to 0.05 in 2020.
Last ReportedProjected for 2020
Payment of Dividends and Other Cash Distributions-254.9 M-275 M
Dividend Yield 0.06  0.05 
Dividends per Basic Common Share 2.35  2.05 
Investing in dividend-paying stocks, such as Lazard LTD Lazard is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Lazard must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Lazard. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

Lazard Gross Profit

Lazard Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Lazard previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Lazard Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

Acquisition by Soto Alexandra of 2218 shares of Lazard subject to Rule 16b-3

Legal trades by Lazard insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Lazard insider trading alert for grant of restricted stock units by Soto Alexandra, Exec Human Capital & Workplace, on 25th of August 2020. This event was filed by Lazard Ltd with SEC on 2020-08-25. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

A Deeper Perspective

Institutional investors typically avoid acquiring a high percentage of Lazard stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Lazard is distributed among investors.

Ownership Allocation

Lazard LTD Lazard maintains a total of one hundred four million seven hundred thirty thousand outstanding shares. The majority of Lazard outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lazard LTD Lazard to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lazard LTD Lazard. Please pay attention to any change in the institutional holdings of Lazard as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Retail Investors
21.11%
Institutions
75.65%
Retail Investors21.11
Insiders3.24
Institutions75.65

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Lazard has an asset utilization ratio of 55.38 percent. This suggests that the company is making $0.55 for each dollar of assets. An increasing asset utilization means that Lazard LTD Lazard is more efficient with each dollar of assets it utilizes for everyday operations.

Goodwill
408.5 M
Tax Assets
704.4 M
Goodwill408.51 Million36.7
Tax Assets704.45 Million63.3

Lazard implied volatility may change after the rise

Potential upside is down to 5.33. It may suggest a possible volatility slide. Lazard LTD Lazard shows above-average downside volatility for the selected time horizon. We advise investors to inspect Lazard LTD Lazard further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Lazard future alpha.

The Current Takeaway on Lazard Investment

While many of the other players under the capital markets industry are still a bit expensive, Lazard may offer a potential longer-term growth to investors. The inconsistency in the assessment between current Lazard valuation and our trade advice on Lazard is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Lazard.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Lazard LTD Lazard. Please refer to our Terms of Use for any information regarding our disclosure principles.

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