USD 54.95
↓ -1.14 (-2.03%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| LAZ | -2.0 | -5.6 | 4.3 | 22.4 | 41.7 | 108.1 | 16.8 | 45.5 | 9.0 | 129.0 |
| S&P 500 | 0.0 | 0.1 | 2.9 | 10.1 | 14.6 | 35.7 | 27.8 | 93.4 | 193.5 | 33792.3 |
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| Attribute | Value |
|---|---|
| symbol | LAZ |
| name | Lazard Ltd |
| price | 54.95 |
| changes percentage | -2.03 |
| change | -1.14 |
| day low | 54.59 |
| day high | 56.64 |
| year high | 61.14 |
| year low | 26.25 |
| market cap | 4971313862 |
| price avg 50 | 51.12 |
| price avg 200 | 43.49 |
| exchange | NYSE |
| volume | 861461 |
| avg volume | 695818 |
| open | 56.29 |
| previous close | 56.09 |
| eps | 2.58 |
| pe | 21.30 |
| earnings announcement | 2025-01-30T13:30:00.000+0000 |
| shares outstanding | 90469770 |
| timestamp | 2024-11-13 21:00:02 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001311370 | |||
| revenue | 2558689000 | 2855093000 | -10.38 |
| gross profit | 2451950000 | 1117120000 | 119.49 |
| gross profit ratio | 0.96 | 0.39 | 144.91 |
| research and development expenses | -0.03 | 0.18 | -117.82 |
| operating expenses | 2616582000 | 600272000 | 335.90 |
| interest income | 42022000 | 29457000 | 42.66 |
| interest expense | 77673000 | 81522000 | -4.72 |
| ebitda | 40903000 | 640766000 | -93.62 |
| ebitdaratio | -0.02 | 0.18 | -112.50 |
| operating income | -164632000 | 516848000 | -131.85 |
| operating income ratio | -0.06 | 0.18 | -135.54 |
| net income | -79919000 | 357517000 | -122.35 |
| net income ratio | -0.03 | 0.13 | -124.94 |
| eps | -0.9 | 3.68 | -124.46 |
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001311370 | |||
| revenue | 807414000 | 715924000 | 12.78 |
| gross profit | 288219000 | 679610000 | -57.59 |
| gross profit ratio | 0.36 | 0.95 | -62.40 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 104484000 | 169081000 | -38.20 |
| interest income | 15005000 | 12854000 | 16.73 |
| interest expense | 22548000 | 22642000 | -0.42 |
| ebitda | 192753000 | 95535000 | 101.76 |
| ebitdaratio | 0.2 | 0.13 | 49.60 |
| operating income | 161187000 | 86335000 | 86.70 |
| operating income ratio | 0.2 | 0.12 | 65.54 |
| net income | 107938000 | 49909000 | 116.27 |
| net income ratio | 0.13 | 0.07 | 91.76 |
| eps | 1.15 | 0.53 | 116.98 |
Revenue Growth: revenue increased to 807 million in 2024Q3 from 716 million in 2024Q2 representing a change of 12.78%. This indicates a sales growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to 104 million in 2024Q3 from 169 million in 2024Q2 representing a change of -38.2%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
Earnings per Share (EPS): EPS increased to 1.15 in 2024Q3 from 1.15 in 2024Q2 representing a change of 116.98%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
Gross Profit: Gross Profit decreased to 288 million in 2024Q3 from 680 million in 2024Q2 representing a change of -57.59%. This indicates a sales profitability decline, which is a negative sign for the company.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 193 million in 2024Q3 from 96 million in 2024Q2 representing a change of 101.76%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to 161 million in 2024Q3 from 86 million in 2024Q2 representing a change of 86.7%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to 108 million in 2024Q3 from 50 million in 2024Q2 representing a change of 116.27%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001311370 | |||
| total assets | 4635781000 | 5852561000 | -20.79 |
| total liabilities | 4065919000 | 4593691000 | -11.49 |
| total equity | 569862000 | 1258870000 | -54.73 |
| cash and cash equivalents | 1005407000 | 1234773000 | -18.58 |
| short term investments | 219576000 | 779246000 | -71.82 |
| long term investments | 704753000 | 698977000 | 0.83 |
| total current assets | 2290426000 | 3292158000 | -30.43 |
| total non current assets | 2345355000 | 2560403000 | -8.40 |
| total current liabilities | 1032394000 | 921834000 | 11.99 |
| total non current liabilities | 3033525000 | 3671857000 | -17.38 |
| common stock | 1128000 | 1128000 | 0.00 |
| retained earnings | 1402636000 | 1676713000 | -16.35 |
| total debt | 2175391000 | 2201402000 | -1.18 |
Total Assets: Total Assets decreased to 4,636 million in 2023 from 5,853 million in 2022 representing a change of -20.79%. Suggesting a decrease in asset holdings.
Total Equity: Total Equity decreased to 570 million in 2023 from 1,259 million in 2022 representing a change of -54.73%. This indicates a decrease in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 1,005 million in 2023 from 1,235 million in 2022 representing a change of -18.58%. This indicates a decrease in available liquid assets.
Short Term Investments: Short Term Investments decreased to 220 million in 2023 from 779 million in 2022 representing a change of -71.82%. This indicates a decrease in short-term investment holdings.
Total Current Assets: Total Current Assets decreased to 2,290 million in 2023 from 3,292 million in 2022 representing a change of -30.43%. This indicates a worsen liquidity position.
Total Current Liabilities: Total Current Liabilities increased to 1,032 million in 2023 from 922 million in 2022 representing a change of 11.99%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to 1,403 million in 2023 from 1,677 million in 2022 representing a change of -16.35%. This indicates an accumulated losses.
Total Liabilities: Total Liabilities decreased to 4,066 million in 2023 from 4,594 million in 2022 representing a change of -11.49%. This indicates a decrease in overall liabilities.
Total Debt: Total Debt decreased to 2,175 million in 2023 from 2,201 million in 2022 representing a change of -1.18%. This indicates a reduction in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001311370 | |||
| total assets | 4820004000 | 4527194000 | 6.47 |
| total liabilities | 4055549000 | 3932073000 | 3.14 |
| total equity | 708740000 | 595121000 | 19.09 |
| cash and cash equivalents | 1165718000 | 880644000 | 32.37 |
| short term investments | 313023000 | 203809000 | 53.59 |
| long term investments | 1530277000 | 629828000 | 142.97 |
| total current assets | 2160768000 | 1809941000 | 19.38 |
| total non current assets | 1371837000 | 2717253000 | -49.51 |
| total current liabilities | 868355000 | 466252000 | 86.24 |
| total non current liabilities | 3187194000 | 3465821000 | -8.04 |
| common stock | 1128000 | 1128000 | 0.00 |
| retained earnings | 1437698000 | 1382703000 | 3.98 |
| total debt | 521521000 | 2375013000 | -78.04 |
Total Assets: Total Assets increased to 4,820 million in 2024Q3 from 4,527 million in 2024Q2 representing a change of 6.47%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 709 million in 2024Q3 from 595 million in 2024Q2 representing a change of 19.09%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 1,166 million in 2024Q3 from 881 million in 2024Q2 representing a change of 32.37%. This indicates an increase in available liquid assets.
Short Term Investments: Short Term Investments increased to 313 million in 2024Q3 from 204 million in 2024Q2 representing a change of 53.59%. This indicates an increase in short-term investment holdings.
Total Current Assets: Total Current Assets increased to 2,161 million in 2024Q3 from 1,810 million in 2024Q2 representing a change of 19.38%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 1,438 million in 2024Q3 from 1,383 million in 2024Q2 representing a change of 3.98%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 522 million in 2024Q3 from 2,375 million in 2024Q2 representing a change of -78.04%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 4,056 million in 2024Q3 from 3,932 million in 2024Q2 representing a change of 3.14%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 868 million in 2024Q3 from 466 million in 2024Q2 representing a change of 86.24%. This indicates a higher short-term debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001311370 | |||
| net change in cash | -854747000 | -790614000 | -8.11 |
| operating cash flow | 164662000 | 833984000 | -80.26 |
| free cash flow | 136365000 | 784473000 | -82.62 |
| capital expenditure | -28297000 | -49511000 | 42.85 |
| depreciation and amortization | 106739000 | 42396000 | 151.77 |
| deferred income tax | -81068000 | 41500000 | -295.34 |
| stock based compensation | 250570000 | 240641000 | 4.13 |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | -10026000 | 573000 | -1,849.74 |
| investments in property plant and equipment | -28297000 | -49511000 | 42.85 |
| net cash used for investing activites | -36246000 | -56438000 | 35.78 |
| debt repayment | 0 | 0 | NaN |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -102051000 | -691705000 | 85.25 |
| dividends paid | -173075000 | -181880000 | 4.84 |
| net cash used provided by financing activities | -1573271000 | -1382035000 | -13.84 |
| cash at end of period | 1005407000 | 2639400000 | -61.91 |
| accounts receivables | -100501000 | 140745000 | -171.41 |
| cash at beginning of period | 1860154000 | 3430014000 | -45.77 |
Net Change in Cash: Net Change in Cash decreased to -855 million in 2023 from -791 million in 2022 representing a change of -8.11%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow decreased to 165 million in 2023 from 834 million in 2022 representing a change of -80.26%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to 136 million in 2023 from 784 million in 2022 representing a change of -82.62%. This indicates a decrease in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure increased to -28 million in 2023 from -50 million in 2022 representing a change of 42.85%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Stock-Based Compensation: Stock-Based Compensation increased to 251 million in 2023 from 241 million in 2022 representing a change of 4.13%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Receivables: Accounts Receivables decreased to -101 million in 2023 from 141 million in 2022 representing a change of -171.41%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Dividends Paid: Dividends Paid increased to -173 million in 2023 from -182 million in 2022 representing a change of 4.84%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001311370 | |||
| operating cash flow | 383735000 | 148433000 | 158.52 |
| free cash flow | 396796000 | 141991000 | 179.45 |
| capital expenditure | 13061000 | -6442000 | 302.75 |
| depreciation and amortization | 8935000 | 9200000 | -2.88 |
| deferred income tax | -19534000 | -1839000 | -962.21 |
| stock based compensation | 217521000 | 89347000 | 143.46 |
| accounts receivables | -31521000 | 24827000 | -226.96 |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | -1928000 | 1916000 | -200.63 |
| investments in property plant and equipment | 13061000 | -6442000 | 302.75 |
| net cash used for investing activites | 209066000 | -102825000 | 303.32 |
| debt repayment | 0 | 10000 | -100.00 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -3112000 | -18811000 | 83.46 |
| dividends paid | -45092000 | -45016000 | -0.17 |
| net cash used provided by financing activities | -111439000 | -192663000 | 42.16 |
| net change in cash | 519302000 | -76161000 | 781.85 |
| cash at end of period | 1399946000 | 880644000 | 58.97 |
| cash at beginning of period | 880644000 | 956805000 | -7.96 |
Net Change in Cash: Net Change in Cash increased to 519 million in 2024Q3 from -76 million in 2024Q2 representing a change of 781.85%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 384 million in 2024Q3 from 148 million in 2024Q2 representing a change of 158.52%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 397 million in 2024Q3 from 142 million in 2024Q2 representing a change of 179.45%. This indicates an increase in cash generated after accounting for capital expenditures.
Accounts Receivables: Accounts Receivables decreased to -32 million in 2024Q3 from 25 million in 2024Q2 representing a change of -226.96%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Capital Expenditure: Capital Expenditure increased to 13 million in 2024Q3 from -6 million in 2024Q2 representing a change of 302.75%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Stock-Based Compensation: Stock-Based Compensation increased to 218 million in 2024Q3 from 89 million in 2024Q2 representing a change of 143.46%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Dividends Paid: Dividends Paid decreased to -45 million in 2024Q3 from -45 million in 2024Q2 representing a change of -0.17%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 28.75 | 29.84 | -3.66 |
| net income per share | -0.9 | 3.74 | -124.03 |
| operating cash flow per share | 1.85 | 8.72 | -78.78 |
| free cash flow per share | 1.53 | 8.2 | -81.31 |
| cash per share | 13.76 | 21.05 | -34.62 |
| book value per share | 6.4 | 13.16 | -51.34 |
| tangible book value per share | 1.97 | 9.21 | -78.67 |
| shareholders equity per share | 4.76 | 5.82 | -18.14 |
| interest debt per share | 19.87 | 18.49 | 7.41 |
| market cap | 3096990678.0 | 3316675352.43 | -6.62 |
| enterprise value | 4266974678.0 | 4283304352.43 | -0.38 |
| pe ratio | -38.75 | 9.28 | -517.72 |
| price to sales ratio | 1.21 | 1.16 | 4.19 |
| pocfratio | 18.81 | 3.98 | 372.93 |
| pfcf ratio | 22.71 | 4.23 | 437.17 |
| pb ratio | 7.31 | 5.96 | 22.62 |
| ptb ratio | 7.31 | 5.96 | 22.62 |
| ev to sales | 1.67 | 1.5 | 11.16 |
| enterprise value over ebitda | 104.32 | 6.68 | 1,460.58 |
| ev to operating cash flow | 25.91 | 5.14 | 404.55 |
| ev to free cash flow | 31.29 | 5.46 | 473.08 |
| earnings yield | -0.03 | 0.11 | -123.94 |
| free cash flow yield | 0.04 | 0.24 | -81.38 |
| debt to equity | 3.99 | 3.03 | 31.51 |
| debt to assets | 0.36 | 0.29 | 26.43 |
| net debt to ebitda | 28.6 | 1.51 | 1,796.11 |
| current ratio | 2.22 | 3.57 | -37.88 |
| interest coverage | -2.12 | 6.34 | -133.43 |
| income quality | -2.06 | 2.12 | -196.96 |
| dividend yield | 0.06 | 0.05 | 1.91 |
| payout ratio | -2.17 | 0.51 | -525.69 |
| sales general and administrative to revenue | 0.09 | 0.07 | 28.25 |
| research and ddevelopement to revenue | -0.0 | 0.0 | -119.89 |
| intangibles to total assets | 0.09 | 0.06 | 32.14 |
| capex to operating cash flow | 0.17 | 0.06 | 189.47 |
| capex to revenue | 0.01 | 0.02 | -36.23 |
| capex to depreciation | 0.27 | 1.17 | -77.30 |
| stock based compensation to revenue | 0.1 | 0.08 | 16.19 |
| graham number | 9.81 | 22.12 | -55.65 |
| roic | -0.06 | 0.17 | -131.92 |
| return on tangible assets | -0.02 | 0.07 | -128.86 |
| graham net net | -24.91 | -22.99 | -8.37 |
| working capital | 1258032000 | 2370324000 | -46.93 |
| tangible asset value | 174934000 | 881540000 | -80.16 |
| net current asset value | -1775493000 | -1301533000 | -36.42 |
| invested capital | 2292689000 | 3429335000 | -33.14 |
| average receivables | 742388500 | 753922500 | -1.53 |
| average payables | 0 | 0 | NaN |
| average inventory | -108920500 | 1668582000 | -106.53 |
| days sales outstanding | 118.69 | 83.45 | 42.23 |
| days payables outstanding | 0 | 0 | NaN |
| days of inventory on hand | 0 | -45.75 | 100.00 |
| receivables turnover | 3.08 | 4.37 | -29.69 |
| payables turnover | 0 | 0 | NaN |
| inventory turnover | 0 | -7.98 | 100.00 |
| roe | -0.19 | 0.64 | -129.35 |
| capex per share | 0.32 | 0.52 | -38.56 |
ROE: Return on Equity (ROE) decreased to -0.19 on 2023-12-31 from 0.64 on 2022-12-31, representing a change of -129.35%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -38.75 on 2023-12-31 from 9.28 on 2022-12-31, representing a change of -517.72%. Indicating a decrease in the relative valuation of the company's stock.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 3.99 on 2023-12-31 from 3.03 on 2022-12-31, representing a change of 31.51%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. A ratio of 2.0 or higher is usually considered risky.
Current Ratio: Current Ratio decreased to 2.22 on 2023-12-31 from 3.57 on 2022-12-31, representing a change of -37.88%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| LAZ | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 8.62 | 7.71 | 11.89 |
| net income per share | 1.15 | 0.54 | 114.56 |
| operating cash flow per share | 4.1 | 1.6 | 156.48 |
| free cash flow per share | 4.24 | 1.53 | 177.24 |
| cash per share | 15.79 | 11.68 | 35.28 |
| book value per share | 8.16 | 6.41 | 27.44 |
| tangible book value per share | 3.95 | 2.17 | 82.42 |
| shareholders equity per share | 6.67 | 4.94 | 35.03 |
| interest debt per share | 0.24 | 18.42 | -98.69 |
| market cap | 4716952240.88 | 3600275468.64 | 31.02 |
| enterprise value | 4072755240.88 | 5094644468.64 | -20.06 |
| pe ratio | 10.93 | 18.03 | -39.42 |
| price to sales ratio | 5.84 | 5.03 | 16.17 |
| pocfratio | 12.29 | 24.26 | -49.32 |
| pfcf ratio | 11.89 | 25.36 | -53.12 |
| pb ratio | 7.56 | 7.85 | -3.74 |
| ptb ratio | 7.56 | 7.85 | -3.74 |
| ev to sales | 5.04 | 7.12 | -29.12 |
| enterprise value over ebitda | 21.13 | 53.33 | -60.38 |
| ev to operating cash flow | 10.61 | 34.32 | -69.08 |
| ev to free cash flow | 10.26 | 35.88 | -71.39 |
| earnings yield | 0.02 | 0.01 | 65.07 |
| free cash flow yield | 0.08 | 0.04 | 113.30 |
| debt to equity | 0 | 3.68 | -100.00 |
| debt to assets | 0 | 0.37 | -100.00 |
| net debt to ebitda | -3.34 | 15.64 | -121.37 |
| current ratio | 2.49 | 3.88 | -35.90 |
| interest coverage | 7.15 | 3.81 | 87.48 |
| income quality | 3.07 | 3.03 | 1.50 |
| dividend yield | 0.01 | 0.01 | -23.54 |
| payout ratio | 0.42 | 0.9 | -53.68 |
| sales general and administrative to revenue | 0 | 0.12 | -100.00 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.08 | 0.09 | -5.93 |
| capex to operating cash flow | 0.03 | 0.04 | -21.57 |
| capex to revenue | 0.02 | 0.01 | 79.77 |
| capex to depreciation | 1.46 | 0.7 | 108.76 |
| stock based compensation to revenue | 0.27 | 0.12 | 115.87 |
| graham number | 13.15 | 7.73 | 70.21 |
| roic | 0.18 | 0.03 | 453.75 |
| return on tangible assets | 0.02 | 0.01 | 101.99 |
| graham net net | -10.33 | -24.8 | 58.34 |
| working capital | 1292413000 | 1343689000 | -3.82 |
| tangible asset value | 369880000 | 201154000 | 83.88 |
| net current asset value | -1894781000 | -2122132000 | 10.71 |
| invested capital | 2137450000 | 2410026000 | -11.31 |
| average receivables | 703757500 | 737985500 | -4.64 |
| average payables | 0 | 0 | NaN |
| average inventory | 1097883000 | 0 | NaN |
| days sales outstanding | 76.02 | 91.2 | -16.64 |
| days payables outstanding | 0 | 0 | NaN |
| days of inventory on hand | 380.63 | 0 | NaN |
| receivables turnover | 1.18 | 0.99 | 19.97 |
| payables turnover | 0 | 0 | NaN |
| inventory turnover | 0.24 | 0 | NaN |
| roe | 0.17 | 0.11 | 58.89 |
| capex per share | 0.14 | 0.07 | 101.14 |
ROE: Return on Equity (ROE) increased to 0.17 on 2024-09-30 Q3 from 0.11 on 2024-06-30 Q2, representing a change of 58.89%. Suggesting the company has been generating high returns for its shareholders.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-09-30 Q3 from 3.68 on 2024-06-30 Q2, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 10.93 on 2024-09-30 Q3 from 18.03 on 2024-06-30 Q2, representing a change of -39.42%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 2.49 on 2024-09-30 Q3 from 3.88 on 2024-06-30 Q2, representing a change of -35.90%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.
Positive Sentiment: Discounted Cash Flow value is 69.99 which is higher than current price 54.95, indicates the company may be undervalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Negative
Publish Date: 2024-11-13 12:56:06
LAZ's preliminary AUM balance for October 2024 declines 4.8% on a sequential basis due to an unfavorable market.
Sentiment: Positive
Publish Date: 2024-11-12 06:45:00
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of October 31, 2024 totaled approximately $235.8 billion. The month's AUM included market depreciation of $4.4 billion, foreign exchange depreciation of $4.2 billion and net outflows of $3.3 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: October 31, September 30, 20241 2024 Equity $182,101 $191,532 Fixed Income 45,514 47.
Sentiment: Neutral
Publish Date: 2024-11-11 13:36:09
Lazard CEO Peter Orszag joins ‘Squawk Box' to discuss President-elect Trump's election victory, impact on the markets and the economy, state of M&A, regulatory outlook, rooting out government waste, the Fed's independence, and more.
Sentiment: Neutral
Publish Date: 2024-11-11 09:14:43
Lazard CEO Peter Orszag joins 'Squawk Box' to discuss President-elect Trump's election victory, impact on the markets and the economy, state of M&A, regulatory outlook, rooting out government waste, the Fed's independence, and more.
Sentiment: Positive
Publish Date: 2024-11-01 09:39:17
Lazard has been hiring more aggressively than peers, and it's helped them bag a leading quarter. The private capital advisory business is performing well, not so much on transaction volume from PE but from activity in newfound markets like secondary fund-stake deals. Other than that, overall M&A has been strong, they say, particularly in Europe, and restructuring has also been delivering very robust results.
Sentiment: Positive
Publish Date: 2024-11-01 09:15:22
A rise in LAZ's operating expenses hurt its third-quarter 2024 results. Improvement in AUM balances offers support.
Sentiment: Positive
Publish Date: 2024-10-31 14:18:20
Lazard, Inc. (NYSE:LAZ ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Alexandra Deignan - Head of IR, Treasury & Corporate Sustainability Peter Orszag - CEO Mary Ann Betsch - CFO Evan Russo - CEO, Asset Management Conference Call Participants Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Ryan Kenny - Morgan Stanley James Yaro - Goldman Sachs Devin Ryan - Citizens JMP Mike Brown - Wells Fargo Securities Aidan Hall - KBW Operator Good morning and welcome to Lazard's Third Quarter and First Nine Months 2024 Earnings Conference Call. This call is being recorded.
Sentiment: Neutral
Publish Date: 2024-10-31 12:22:19
Peter Orszag, Lazard CEO, joins CNBC's 'Money Movers' to discuss Lazard earnings, inflation, the economy, and more.
Sentiment: Positive
Publish Date: 2024-10-31 11:01:21
While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sentiment: Positive
Publish Date: 2024-10-31 08:46:17
Lazard (LAZ) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.10 per share a year ago.
Sentiment: Positive
Publish Date: 2024-10-31 06:41:31
Investment bank Lazard's profit surged in the third quarter, driven by an industry-wide recovery in dealmaking.
Sentiment: Positive
Publish Date: 2024-10-31 06:30:00
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $785 million and adjusted net revenue1 of $646 million for the quarter ended September 30, 2024. For the first nine months of 2024, Lazard reported net revenue of $2,235 million and adjusted net revenue1 of $2,077 million. On a U.S. GAAP basis, Lazard reported third-quarter 2024 net income of $108 million or $1.02 per share, diluted. For the first nine months of 2024, net income was $194 million or $1.88 per share.
Sentiment: Positive
Publish Date: 2024-10-30 19:25:00
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on November 15, 2024, to stockholders of record on November 8, 2024. About Lazard Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard pr.
Sentiment: Positive
Publish Date: 2024-10-30 16:15:00
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) will redeem all of the issued and outstanding 3.750% Senior Notes due February 13, 2025 (the “Notes”) on December 12, 2024 (the “Redemption Date”). The Notes were issued pursuant to the Indenture, dated as of May 10, 2005 (as amended, the “Indenture”), between Lazard Group and The Bank of New York Mellon, as trustee, and have an aggregate principal amount outstanding of $164.
Sentiment: Positive
Publish Date: 2024-10-30 14:17:00
NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Lazard, Inc. (NYSE: LAZ) on behalf of the company's shareholders. The investigation seeks to determine whether Lazard's directors breached their fiduciary duties in connection with recent corporate actions.
Sentiment: Positive
Publish Date: 2024-10-24 11:06:10
Lazard (LAZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sentiment: Positive
Publish Date: 2024-10-22 16:30:00
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on November 22, 2024 to shareholders of record on November 12, 2024. The ex-dividend date is November 12, 2024. The Fund will pay a previously declared distribution tod.
Sentiment: Negative
Publish Date: 2024-10-21 02:00:00
LONDON & PARIS--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Fabien Antignac is joining the firm on 4th November 2024 as Managing Director and Co-Head of European Debt Advisory and Capital Solutions. Alongside existing Co-Heads of European Debt Advisory and Capital Solutions François Guichot-Pérère and Tom Howard, Mr. Antignac will co-lead the European Debt Advisory and Capital Solutions team. He will work with our country, sector and product teams across Europe as Lazard cont.
Sentiment: Positive
Publish Date: 2024-10-15 02:00:00
LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Will Thompson is joining the firm on 4th November 2024 as Managing Director, Healthcare. Based in London, he will join Lazard's financial advisory practice for Europe, headed by Cyrus Kapadia and Jean-Louis Girodolle, and its global healthcare group, led by David Gluckman. With his focus on Healthcare Services, Mr. Thompson's appointment further reinforces the leading position of Lazard's global franchise. Mr. Thompson's app.
Sentiment: Neutral
Publish Date: 2024-10-11 08:00:00
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its third-quarter and nine-month 2024 financial results in a press release to be issued Thursday morning, October 31, 2024. The press release will be available in the News & Announcements section of Lazard's website at www.lazard.com. Lazard will host a conference call at 8:00 a.m. ET on October 31, 2024, to discuss the company's financial results for the third quarter and first nine months of 2024. The conference call can be.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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