US Bancorp DE cut its stake in shares of La-Z-Boy Incorporated (NYSE:LZB) by 31.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,643 shares of the company’s stock after selling 3,464 shares during the period. US Bancorp DE’s holdings in La-Z-Boy were worth $173,000 as of its most recent SEC filing.
State of Alaska Department of Revenue lessened its position in La-Z-Boy Incorporated (NYSE:LZB) by 8.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,056 shares of the company’s stock after selling 2,639 shares during the period. State of Alaska Department of Revenue owned approximately 0.07% of La-Z-Boy worth $678,000 at the end of the most recent reporting period.
Versor Investments LP acquired a new stake in shares of La-Z-Boy Incorporated (NYSE:LZB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,861 shares of the company’s stock, valued at approximately $200,000.
How far off is La-Z-Boy Incorporated (NYSE:LZB) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by estimating the company’s future cash flows and discounting them to their present value. This will be done using the Discounted Cash Flow (DCF) model. Before you think you won’t be able to understand it, just read on! It’s actually much less complex than you’d imagine.
We generally believe that a company’s value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model.
MONROE, Mich., Dec. 08, 2022 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced the planned retirement of Otis Sawyer, President, La-Z-Boy Portfolio Brands. Tj Linz, President, La-Z-Boy Retail, will assume Sawyer’s responsibilities at the end of April 2023, the start of the company’s fiscal 2024 year. Sawyer will remain with the company through June 2023 to ensure a seamless transition.
MONROE, Mich. — La-Z-Boy Inc. announced the planned retirement of Otis Sawyer, president of La-Z-Boy Portfolio Brands. T.J. Linz, president of La-Z-Boy Retail, will assume Sawyer’s responsibilities at the end of April 2023, the start of the company’s fiscal 2024 year. Sawyer will remain with the company through June 2023 to ensure a seamless transition.
La-Z-Boy Incorporated (NYSE:LZB) Q2 2023 Earnings Call Transcript December 1, 2022
La-Z-Boy Incorporated beats earnings expectations. Reported EPS is $1.05, expectations were $0.85.
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