La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. The company was founded in 1927 and is based in Monroe, Michigan.
LZB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for La-Z-Boy Inc. To summarize, we found that La-Z-Boy Inc ranked in the 72th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 217.83% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of La-Z-Boy Inc, consider:
The company's balance sheet shows it gets 95% of its capital from equity, and 5% of its capital from debt. Its equity weight surpasses that of 94.21% of free cash flow generating stocks in the Consumer Cyclical sector.
The business' balance sheet reveals debt to be 5% of the company's capital (with equity being the remaining amount). Approximately merely 13.54% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
LZB's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 49.86% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DISH, GEF, THRM, FLXS, and LKQ can be thought of as valuation peers to LZB, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
La-Z-Boy (LZB) says it will reduce its global workforce by about 10% or approximately 850 employees.The jobs cuts are being made across the company's manufacturing, retail and corporate locations, including the closure of its Newton, Mississippi upholstery manufacturing facility.LZB -0.18% after hours to $28.02.Source: Press Release...
La-Z-Boy (LZB) to cut its global workforce by about 10%, or approximately 850 employees; production will be shifted to available capacity at the company’s Tennessee, Missouri, and Arkansas plants.The company’s Newton upholstery plant, employs about 300 people; the Newton-based integrated internal supply functions will remain in operation and ~170 individuals work across these areas and will remain with the...
La-Z-Boy, one of the most recognized brands in the furniture industry, is launching a new campaign called "One Million Thanks" that honors the sacrifices of frontline healthcare workers throughout the COVID-19 pandemic. With support from brand ambassador Kristen Bell, La-Z-Boy is rallying the collective creativity of the internet community to create one million different ways to say "thank you" to healthcare workers. By tagging pictures and videos with OneMillionThanks, the campaign aims to create an overwhelming online show of support for healthcare workers.
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