Market experts has given a mean price target of $43.61 to Lazard Ltd. (NYSE:LAZ) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $1.00 for the near-term quarter and $2.93 for this year.
The technical assessment of Lazard LTD. Lazard, LTD. Class pinpoints that the 50-day moving average of Lazard Ltd. (NYSE:LAZ) stock is $36.16, and is trading $-0.15 points away or -0.41% from 50-day moving average of $36.16. It is trading $0.78 or +2.22% off 200-day MA of $35.23.
The 52-week high of Lazard Ltd. (NYSE:LAZ) was $49.57 while $26.21 is the low point in the same period. Lazard LTD. Lazard, LTD. Class share price has to rise more than $-13.56 to register a high for 52-weeks or drop +37.39% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Lazard Ltd. (NYSE:LAZ) P/E ratio is 6.81 while PEG ratio is at -5.09. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Lazard LTD. Lazard, LTD. Class stock recorded a close of $36.01 in last trading session, which brings it market cap to $4.47B.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...