La-Z-Boy Inc.

LZB-N

NYSE:LZB

32.76
0.26 (0.80%)
La-Z-Boy Inc. is an American furniture manufacturer based in Monroe, Michigan, USA, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.
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Analysis and Opinions about LZB-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
August 27, 2019
Their products include other brands that have great online presence. Trades at 13 times earnings. He believes the multiple will return to historic levels. An iconic brand to buy and hold here. Yield 1.7% (Analysts’ price target is $34.67)
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La-Z-Boy Inc. (LZB-N)
August 27, 2019
Their products include other brands that have great online presence. Trades at 13 times earnings. He believes the multiple will return to historic levels. An iconic brand to buy and hold here. Yield 1.7% (Analysts’ price target is $34.67)
COMMENT
COMMENT
July 20, 2017

Chart shows this is trying to get through its high of December. It has a great little trend underneath that. Has been pretty volatile. Indicators are sort of turning up. This could possibly come back to $28 still, which is where the long-term trend is, but he doesn’t expect that to happen. There is a good level at around $30 you could look at, or you could wait for the breakout above $33. Take a half position, because a lot of times breakouts have to come back to get retested.

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La-Z-Boy Inc. (LZB-N)
July 20, 2017

Chart shows this is trying to get through its high of December. It has a great little trend underneath that. Has been pretty volatile. Indicators are sort of turning up. This could possibly come back to $28 still, which is where the long-term trend is, but he doesn’t expect that to happen. There is a good level at around $30 you could look at, or you could wait for the breakout above $33. Take a half position, because a lot of times breakouts have to come back to get retested.

STRONG BUY
STRONG BUY
December 19, 2016

He likes it from a macro point of view. From a company specific point of view they are doing good things. They want to grow their business by 400 stores in 5 years. Their margins are improving from 2.5% to 5% and he thinks they are on the way to 7%.

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La-Z-Boy Inc. (LZB-N)
December 19, 2016

He likes it from a macro point of view. From a company specific point of view they are doing good things. They want to grow their business by 400 stores in 5 years. Their margins are improving from 2.5% to 5% and he thinks they are on the way to 7%.

PAST TOP PICK
PAST TOP PICK
August 3, 2016

(A Top Pick Aug 26/15. Up 10.69%.) This is really a story about the housing market. There needs to be a lot more household formations to satisfy the population growth. 5 years ago, net margins were about 2%, last year they were 5%, and by the end of the decade he thinks they will be over 7%.

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La-Z-Boy Inc. (LZB-N)
August 3, 2016

(A Top Pick Aug 26/15. Up 10.69%.) This is really a story about the housing market. There needs to be a lot more household formations to satisfy the population growth. 5 years ago, net margins were about 2%, last year they were 5%, and by the end of the decade he thinks they will be over 7%.

HOLD
HOLD
June 15, 2016

This is a play on the housing recovery, which is very, very nascent. Household formations are still well below historic levels. This company is going to be a beneficiary of that. Very, very well-managed. You are going to see a higher beta on a stock like this, and he would suggest that you stay with this over the long-term, and not be too sensitive to the ups and downs. Thinks it will pay you over time.

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La-Z-Boy Inc. (LZB-N)
June 15, 2016

This is a play on the housing recovery, which is very, very nascent. Household formations are still well below historic levels. This company is going to be a beneficiary of that. Very, very well-managed. You are going to see a higher beta on a stock like this, and he would suggest that you stay with this over the long-term, and not be too sensitive to the ups and downs. Thinks it will pay you over time.

TOP PICK
TOP PICK
August 26, 2015

A derivative play on the housing recovery. This company does well when the housing market does well. They are managing their business very well. Not only growing revenue, but are expanding margin. He is expecting about a 250 basis point expansion and margin over the next few years, which will go straight to profits, because it is operating leverage. Dividend yield of 1.17%.

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La-Z-Boy Inc. (LZB-N)
August 26, 2015

A derivative play on the housing recovery. This company does well when the housing market does well. They are managing their business very well. Not only growing revenue, but are expanding margin. He is expecting about a 250 basis point expansion and margin over the next few years, which will go straight to profits, because it is operating leverage. Dividend yield of 1.17%.

PAST TOP PICK
PAST TOP PICK
May 5, 2015

(A Top Pick April 30/14. Up 10.58%.) Bought this basically on the back of what he expected and still expects, i.e. a long term secular move in terms of the housing market and household formation. Looking at statistics, household formation in the US right now is running somewhere around $1 million a year, and the run rate of $1.5 million a year is needed to keep up with the immigration and population growth. Well-managed and produce a good product. Have done well and thinks they will do better.

Show full opinionHide full opinion

(A Top Pick April 30/14. Up 10.58%.) Bought this basically on the back of what he expected and still expects, i.e. a long term secular move in terms of the housing market and household formation. Looking at statistics, household formation in the US right now is running somewhere around $1 million a year, and the run rate of $1.5 million a year is needed to keep up with the immigration and population growth. Well-managed and produce a good product. Have done well and thinks they will do better.

TOP PICK
TOP PICK
April 30, 2014

A bit of a play on the household formation theme. As you have people forming households, they are buying furniture. This has been a well managed company. They are working to reinvent themselves a little. Sold their Bauhaus division and have brought Brooke Shields into their ads which he sees as an attempt to take the old man’s chair and revitalize it a little. It is certainly working. Has about a 5% free cash flow yield and earnings growth is pretty robust. Yield of 1%.

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La-Z-Boy Inc. (LZB-N)
April 30, 2014

A bit of a play on the household formation theme. As you have people forming households, they are buying furniture. This has been a well managed company. They are working to reinvent themselves a little. Sold their Bauhaus division and have brought Brooke Shields into their ads which he sees as an attempt to take the old man’s chair and revitalize it a little. It is certainly working. Has about a 5% free cash flow yield and earnings growth is pretty robust. Yield of 1%.

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La-Z-Boy Inc.(LZB-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for La-Z-Boy Inc. is calculated according to the stock expert’s signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

La-Z-Boy Inc.(LZB-N) Frequently Asked Questions

What is La-Z-Boy Inc. stock symbol?

La-Z-Boy Inc. is a American stock, trading under the symbol LZB-N on the New York Stock Exchange (LZB). It is usually referred to as NYSE:LZB or LZB-N

Is La-Z-Boy Inc. a buy or a sell?

In the last 1 year, there was no coverage of La-Z-Boy Inc. published on Stockchase.

Is La-Z-Boy Inc. a good investment or a top pick?

La-Z-Boy Inc. was recommended as a Top Pick by Don Lato on 2019-08-27. Read the latest stock experts ratings for La-Z-Boy Inc..

Why is La-Z-Boy Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is La-Z-Boy Inc. worth watching?

In the last 1 year, there was no coverage of La-Z-Boy Inc. published on Stockchase.

What is La-Z-Boy Inc. stock price?

On 2020-02-19, La-Z-Boy Inc. (LZB-N) stock closed at a price of $32.76.