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 | 6 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 5.73M, so 6.55% of the outstanding shares have been sold short.
| Short Interest | 5.73M |
| Short % of Shares Out | 6.55% |
| Short % of Float | 6.73% |
| Short Ratio (days to cover) | 5.91 |
Valuation Ratios
The PE ratio is undefined and the forward PE ratio is 14.2. Lazard Ltd's PEG ratio is undefined.
| PE Ratio | undefined |
| Forward PE | 14.2 |
| PS Ratio | 1.55 |
| Forward PS | 1 |
| PB Ratio | 7.54 |
| P/FCF Ratio | undefined |
| PEG Ratio | undefined |
Enterprise Valuation
Lazard Ltd has an Enterprise Value (EV) of 4.27B.
| EV / Earnings | 15.24 |
| EV / Sales | 1.38 |
| EV / EBITDA | 8.35 |
| EV / EBIT | 11.04 |
| EV / FCF | 5.74 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of undefined.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | undefined |
| Total Debt / Capitalization | - |
| Cash Flow / Debt | null |
| Interest Coverage | undefined |
Financial Efficiency
Return on equity (ROE) is null% and return on capital (ROIC) is 10.07%.
| Return on Equity (ROE) | null% |
| Return on Assets (ROA) | null% |
| Return on Capital (ROIC) | 10.07% |
| Revenue Per Employee | $945,847.38 |
| Profits Per Employee | $85,783.63 |
| Employee Count | 3,263 |
| Asset Turnover | 0.64 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 99.76M |
| Effective Tax Rate | 0.26 |
Stock Price Statistics
The stock price has increased by 8.81% in the last 52 weeks. The beta is 1.39, so Lazard Ltd's price volatility has been higher than the market average.
| Beta | 1.39 |
| 52-Week Price Change | 8.81% |
| 50-Day Moving Average | 49.72 |
| 200-Day Moving Average | 49.14 |
| Relative Strength Index (RSI) | 37.5 |
| Average Volume (20 Days) | 1.12M |
Income Statement
In the last 12 months, Lazard Ltd had revenue of 3.09B and earned 279.91M in profits. Earnings per share was 3.07.
| Revenue | 3.09B |
| Gross Profit | 975.91M |
| Operating Income | 386.47M |
| Net Income | 279.91M |
| EBITDA | 510.82M |
| EBIT | 386.47M |
| Earnings Per Share (EPS) | 3.07 |
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 | 1.25B |
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 | 7% |
| FCF Yield | 18.84% |
Analyst Forecast
The average price target for LAZ is $56, which is 27.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $56 |
| Price Target Difference | 27.7% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 2.32 |
| Piotroski F-Score | 7 |