Lazard Ltd (LAZ)
Lazard Ltd Statistics
Share Statistics
Lazard Ltd has 89.9M shares outstanding. The number of shares has increased by 2.84% in one year.
| Shares Outstanding | 89.9M |
| Shares Change (YoY) | 2.84% |
| Shares Change (QoQ) | 2.84% |
| Owned by Institutions (%) | 87.08% |
| Shares Floating | 87.33M |
| Failed to Deliver (FTD) Shares | 2.81K |
| FTD / Avg. Volume | 0.22% |
Short Selling Information
The latest short interest is 5.45M, so 6.06% of the outstanding shares have been sold short.
| Short Interest | 5.45M |
| Short % of Shares Out | 6.06% |
| Short % of Float | 6.22% |
| Short Ratio (days to cover) | 6.19 |
Valuation Ratios
The PE ratio is 17.13 and the forward PE ratio is 7.61. Lazard Ltd's PEG ratio is -0.04.
| PE Ratio | 17.13 |
| Forward PE | 7.61 |
| PS Ratio | 1.55 |
| Forward PS | 0.8 |
| PB Ratio | 7.54 |
| P/FCF Ratio | 6.45 |
| PEG Ratio | -0.04 |
Enterprise Valuation
Lazard Ltd has an Enterprise Value (EV) of 5.68B.
| EV / Sales | 1.84 |
| EV / EBITDA | 11.12 |
| EV / EBIT | 7.65 |
| EV / FCF | 7.65 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 3.45.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 3.45 |
| Debt / EBITDA | 4.29 |
| Debt / FCF | 2.95 |
| Interest Coverage | 4.39 |
Financial Efficiency
Return on Equity is 43.99% and Return on Invested Capital is 22.24%.
| Return on Equity | 43.99% |
| Return on Assets | 5.84% |
| Return on Invested Capital | 22.24% |
| Revenue Per Employee | $945.85K |
| Profits Per Employee | $85.78K |
| Employee Count | 3,263 |
| Asset Turnover | 0.64 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 99.76M |
| Effective Tax Rate | 26.28% |
Stock Price Statistics
The stock price has increased by -10.47% in the last 52 weeks. The beta is 1.25, so Lazard Ltd's price volatility has been higher than the market average.
| Beta | 1.25 |
| 52-Week Price Change | -10.47% |
| 50-Day Moving Average | 45.21 |
| 200-Day Moving Average | 49.07 |
| Relative Strength Index (RSI) | 34.88 |
| Average Volume (20 Days) | 1.28M |
Income Statement
In the last 12 months, Lazard Ltd had revenue of 3.09B and earned 279.91M in profits. Earnings per share was 2.93.
| Revenue | 3.09B |
| Gross Profit | 975.91M |
| Operating Income | 386.47M |
| Net Income | 279.91M |
| EBITDA | 510.82M |
| EBIT | 474.54M |
| Earnings Per Share (EPS) | 2.93 |
Balance Sheet
The company has 1.31B in cash and 2.19B in debt, giving a net cash position of -884.32M.
| Cash & Cash Equivalents | 1.31B |
| Total Debt | 2.19B |
| Net Cash | -884.32M |
| Retained Earnings | 1.47B |
| Total Assets | 4.79B |
| Working Capital | 1.8B |
Cash Flow
In the last 12 months, operating cash flow was 742.83M and capital expenditures 0, giving a free cash flow of 742.83M.
| Operating Cash Flow | 742.83M |
| Capital Expenditures | 0 |
| Free Cash Flow | 742.83M |
| FCF Per Share | 7.98 |
Margins
Gross margin is 31.62%, with operating and profit margins of 12.52% and 9.07%.
| Gross Margin | 31.62% |
| Operating Margin | 12.52% |
| Pretax Margin | 12.3% |
| Profit Margin | 9.07% |
| EBITDA Margin | 16.55% |
| EBIT Margin | 12.52% |
| FCF Margin | 24.07% |
Dividends & Yields
LAZ pays an annual dividend of $2.5, which amounts to a dividend yield of 3.83%.
| Dividend Per Share | $2.50 |
| Dividend Yield | 3.83% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 93.28% |
| Earnings Yield | 5.84% |
| FCF Yield | 15.49% |
Analyst Forecast
The average price target for LAZ is $49, which is 42.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $49 |
| Price Target Difference | 42.2% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 2.33 |
| Piotroski F-Score | 7 |