$0.64 EPS Expected for La-Z-Boy Incorporated (LZB)

May 17, 2018 - By Eva Godbolt

La-Z-Boy Incorporated (NYSE:LZB) LogoInvestors sentiment increased to 1.08 in Q4 2017. Its up 0.23, from 0.85 in 2017Q3. It increased, as 18 investors sold La-Z-Boy Incorporated shares while 62 reduced holdings. 36 funds opened positions while 50 raised stakes. 39.83 million shares or 0.74% less from 40.13 million shares in 2017Q3 were reported.
Victory Mngmt Inc holds 0% of its portfolio in La-Z-Boy Incorporated (NYSE:LZB) for 5,062 shares. Art Limited holds 17,520 shares or 0.02% of its portfolio. Moreover, Citadel Lc has 0% invested in La-Z-Boy Incorporated (NYSE:LZB). United Kingdom-based Gsa Cap Prns Llp has invested 0.02% in La-Z-Boy Incorporated (NYSE:LZB). Metropolitan Life Communication has invested 0.01% in La-Z-Boy Incorporated (NYSE:LZB). Piermont Cap Management Incorporated stated it has 0.44% of its portfolio in La-Z-Boy Incorporated (NYSE:LZB). Qs Investors Limited Liability Company reported 98,290 shares. Canada Pension Plan Investment Board accumulated 36,100 shares. Aperio Group Llc holds 10,666 shares or 0% of its portfolio. 4,586 are held by Riverhead Cap Management Limited Com. Howe And Rusling Incorporated accumulated 0% or 140 shares. 31,717 are owned by Price T Rowe Associate Md. Pub Employees Retirement Association Of Colorado holds 11,287 shares. Engineers Gate Manager Limited Partnership holds 0.06% or 26,387 shares. Los Angeles Cap Mgmt And Equity holds 42,817 shares or 0.01% of its portfolio.

Since February 22, 2018, it had 0 insider buys, and 1 insider sale for $2.09 million activity.

Analysts expect La-Z-Boy Incorporated (NYSE:LZB) to report $0.64 EPS on June, 19.They anticipate $0.07 EPS change or 12.28 % from last quarter’s $0.57 EPS. LZB’s profit would be $30.12 million giving it 11.84 P/E if the $0.64 EPS is correct. After having $0.45 EPS previously, La-Z-Boy Incorporated’s analysts see 42.22 % EPS growth. The stock increased 2.36% or $0.7 during the last trading session, reaching $30.3. About 276,927 shares traded. La-Z-Boy Incorporated (NYSE:LZB) has risen 8.12% since May 17, 2017 and is uptrending. It has underperformed by 3.43% the S&P500.

La-Z-Boy Incorporated (NYSE:LZB) Ratings Coverage

Among 2 analysts covering La-Z-Boy Inc (NYSE:LZB), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. La-Z-Boy Inc had 2 analyst reports since November 30, 2017 according to SRatingsIntel. The stock of La-Z-Boy Incorporated (NYSE:LZB) has “Hold” rating given on Thursday, November 30 by Stifel Nicolaus.

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. The company has market cap of $1.43 billion. It operates through Upholstery, Casegoods, and Retail divisions. It has a 19.75 P/E ratio. The Upholstery segment makes and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas.

More news for La-Z-Boy Incorporated (NYSE:LZB) were recently published by: Globenewswire.com, which released: “La-Z-Boy Declares Quarterly Dividend” on May 01, 2018. Bizjournals.com‘s article titled: “La-Z-Boy distribution on the move to Bowie with a full-building lease” and published on April 17, 2018 is yet another important article.

La-Z-Boy Incorporated (NYSE:LZB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.