LZB's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 149.23 -- higher than 80.67% of US-listed equities with positive expected earnings growth.
LZB's went public 32.93 years ago, making it older than 89.53% of listed US stocks we're tracking.
Of note is the ratio of La-Z-Boy Inc's sales and general administrative expense to its total operating expenses; 81% of US stocks have a lower such ratio.
Stocks with similar financial metrics, market capitalization, and price volatility to La-Z-Boy Inc are STC, HNI, KBAL, SAFT, and VPG.
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:
We started the process of determining a valid price forecast for La-Z-Boy Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that La-Z-Boy Inc ranked in the 86th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1018.33% on a DCF basis. The most interesting components of our discounted cash flow analysis for La-Z-Boy Inc ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is 77.82; that's higher than 95.56% of US stocks in the Consumer Cyclical sector that have positive free cash flow.
La-Z-Boy Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 20.72% of tickers in our DCF set.
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 just 20.72% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GTN, SUP, WINA, DKS, and LIVE 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.
BACOLOD CITY ---- At least 12 new COVID-19 fatalities were recorded in Bacolod City and Negros Occidental on Tuesday. The Department of Health said Bacolod City had 10 new deaths, bringing its death toll to 61. Negros Occidental, on the other hand, has two new COVID deaths on Tuesday. The province now has 36 fatalities. Bacolod also has the most number of COVID-19 cases in Western Visayas with 3,419. Negros Occidental had 2,582 cases. LZB… Keep on reading: 12 dead from COVID-19 in Bacolod City, Negros Occidental
LUCENA CITY ---- The deaths from coronavirus disease (COVID-19) in Quezon province rose to 41 after another patient died in San Antonio town on Monday, authorities reported. Records from the Integrated Provincial Health Office shows that the COVID-19 fatality was the second in San Antonio, which is located in the boundary of Quezon and Batangas provinces. The authorities gave no added details on the latest victim. Quezon, which reverted to modified general community quarantine status, has recorded 1,284 COVID-19 cases since early March. The province logged 708 recoveries but still has 443 active virus carriers. LZB… Keep on reading: Quezon records 41st COVID-19 death
LEGAZPI CITY ---- Two suspected drug personalities were arrested in a buy-bust operation in Naga City in Camarines Sur province Monday night. Police Master Sergeant Tobias Bongon, Naga City police spokesperson, said Edmund Aydalla, 30, and Rosita Alegre, 35, were arrested in Barangay San Felipe at 11:50 p.m. Recovered from the suspects were three sachets or 1.6 grams of shabu (crystal meth) worth P10,000. Bongon said Alegre was the main target of the operation. LZB… Keep on reading: 2 drug suspects held in Naga City buy-bust
LEGAZPI CITY ---- An alleged high-value target (HVT) drug suspect was arrested Monday night by police anti-narcotics operatives in a drug sting in Daet town in Camarines Norte province, a police report said. Jonathan Otto Matabang, 21, resident of Barangay Borabod, was caught selling shabu (crystal meth) at the compound of Jamaica Subdivision, Barangay Magang, around 10 p.m., Police Major Maria Luisa Calubaquib, Bicol police spokesperson, said. Seized from the suspect were 10 sachets of shabu and P500 marked money. The suspect, who is in the drug watch list, is facing charges for illegal drug possession and trading. LZB… Keep on reading: Suspected drug pusher nabbed in Camarines Norte