Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Analyst sentiments on Lazard (NYSE:LAZ) in the past quarter:
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 4 | 1 | 0 | 1 |
Last 30D | 0 | 0 | 0 | 0 | 1 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 0 | 3 | 1 | 0 | 0 |
In the last 3 months, 6 analysts have offered 12-month price targets for Lazard. The company has an average price target of $40.17 with a high of $50.00 and a low of $31.00.
Explore a summary of how these 6 analysts have rated Lazard in the last 3 months. More bullish ratings indicate a positive sentiment, while more bearish ratings signify a negative outlook.
A negative shift in sentiment is evident as analysts have decreased the average price target by 1.62%.
Delve into the insights of financial experts and analysts as we provide a comprehensive breakdown of their recent evaluations for Lazard. Our Ratings Table below offers a detailed overview of the decisions made by key analysts, their current ratings, and price targets. Understanding how these experts perceive the company can yield valuable insights into potential market trends and investor sentiment.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Richard Ramsden | Goldman Sachs | Raises | Sell | $31.00 | $28.00 |
Ryan Kenny | Morgan Stanley | Raises | Overweight | $45.00 | $41.00 |
Ryan Kenny | Morgan Stanley | Lowers | Overweight | $41.00 | $42.00 |
Devin Ryan | JMP Securities | Lowers | Market Outperform | $50.00 | $53.00 |
Brennan Hawken | UBS | Lowers | Neutral | $32.00 | $37.00 |
Ryan Kenny | Morgan Stanley | Lowers | Overweight | $42.00 | $44.00 |
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Lazard's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Lazard analyst ratings.
Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Lazard's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -27.99% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Lazard's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 1.15%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.69%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.14%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 6.04, caution is advised due to increased financial risk.
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: LAZ