Lazard Price To Earning vs. Current Valuation

LAZ Stock  USD 56.68  0.04  0.07%   
Based on the measurements of profitability obtained from Lazard's financial statements, Lazard may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Lazard's ability to earn profits and add value for shareholders. At this time, Lazard's Price To Sales Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to rise to 120.14 in 2024, whereas EV To Sales is likely to drop 1.47 in 2024. At this time, Lazard's Total Other Income Expense Net is fairly stable compared to the past year. Interest Income is likely to rise to about 53.1 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (275.5 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.270.2372
Fairly Up
Pretty Stable
For Lazard profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lazard to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lazard utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lazard's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lazard over time as well as its relative position and ranking within its peers.
  

Lazard's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.
Is Investment Banking & Brokerage 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 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
16.045
Dividend Share
2
Earnings Share
2.58
Revenue Per Share
33.125
Quarterly Revenue Growth
0.506
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.

Lazard Current Valuation vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Lazard's current stock value. Our valuation model uses many indicators to compare Lazard value to that of its competitors to determine the firm's financial worth.
Lazard is rated third overall in price to earning category among its peers. It is rated second overall in current valuation category among its peers reporting about  745,028,596  of Current Valuation per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lazard's earnings, one of the primary drivers of an investment's value.

Lazard Current Valuation vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Lazard

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
8.08 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Lazard

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
6.02 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Lazard Current Valuation vs Competition

Lazard is rated second overall in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is now estimated at about 24.03 Billion. Lazard totals roughly 6.02 Billion in current valuation claiming about 25% of equities under Financials industry.

Lazard Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Lazard, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lazard will eventually generate negative long term returns. The profitability progress is the general direction of Lazard's change in net profit over the period of time. It can combine multiple indicators of Lazard, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-289.9 M-275.5 M
Operating Income-80 M-76 M
Income Before Tax-80 M-76 M
Total Other Income Expense Net84.7 M88.9 M
Net Loss-79.9 M-75.9 M
Income Tax Expense-22.6 M-21.5 M
Net Income Applicable To Common Shares404.6 M327.1 M
Net Loss-71.7 M-68.1 M
Net Interest Income-26.8 M-28.2 M
Interest Income50.6 M53.1 M
Change To Netincome49.1 M51.6 M
Net Loss(0.85)(0.81)
Income Quality(2.06)(1.96)
Net Income Per E B T 0.94  0.99 

Lazard Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Lazard. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lazard position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lazard's important profitability drivers and their relationship over time.

Use Lazard in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lazard position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lazard will appreciate offsetting losses from the drop in the long position's value.

Lazard Pair Trading

Lazard Pair Trading Analysis

The ability to find closely correlated positions to Lazard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lazard when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lazard - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lazard to buy it.
The correlation of Lazard is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lazard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lazard moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lazard can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Lazard position

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.

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Obamacare Repeal
Obamacare Repeal Theme
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 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 Obamacare Repeal Theme or any other thematic opportunities.
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Additional 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.