How to Buy Lazard Stock
Lazard Inc
Lazard is a capital market company located in Bermuda, which is part of the Financial Services sector, and is traded under the ticker LAZ on the NYSE exchange.
Lazard stock last closed at $38.99, up 0.26% from the previous day, and has increased 20.34% in one year. It has underperformed other stocks in the Capital Markets industry by 0.01 percentage points. Lazard stock is currently +51.01% from its 52-week low of $25.82, and -7.69% from its 52-week high of $42.24.
At the moment, there are 112.77M shares of LAZ outstanding. The market capitalization of LAZ is $4.40B. In the last 24 hours, 798,402 LAZ shares were traded.
How to Buy Lazard Stock
Wondering how to invest in Lazard stock? Here's how.
- Choose where to buy Lazard stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Lazard stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Research Lazard stock: The Lazard ticker symbol is LAZ. Is Lazard stock a good investment? Should you buy shares of LAZ? How do LAZ's underlying business fundamentals look? Do top analysts think Lazard is a good buy? Why has LAZ's stock price moved recently? (Hint: Our stock research website can help you understand if LAZ is a good stock to buy).
- Execute your LAZ purchase: Decide if you will purchase LAZ shares at the current market price or use a limit order to purchase LAZ shares at a specific price.
- Get notifications regarding your LAZ position: Create a watchlist to monitor your new investment in Lazard shares.
Step 1: Choose where to buy Lazard stock
You need an online brokerage account in order to access the NYSE market and buy LAZ shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you can buy LAZ today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on the best stock trading app for beginners, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your new brokerage account.
Step 4: Research Lazard stock
Once you have chosen the best place to buy Lazard stock, it's very important to evaluate their stock before you buy, so you truly understand the risk and opportunity.
Lazard quick stats
Fundamentals of Lazard
WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on LAZ's stock page.
Is LAZ stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LAZ's intrinsic value.
Using relative valuations ratios:
- LAZ may be overvalued based on its P/B ratio of 11.2x, relative to Capital Markets industry P/B ratio of 1.87x
You can access more valuation analysis on LAZ's stock here.
LAZ Financial Health
Signs that LAZ is financially healthy:
- LAZ's operating cash flow of $486.09M allows it to safely service it's debt of $2.32B.
Signs that LAZ is not financially healthy:
- Total LAZ debt is higher than 5 years ago, relative to shareholder equity.
- LAZ earnings of -$4.14M is not sufficient to cover its interest payments.
- LAZ has a relatively high debt to equity ratio of 10.31.
- LAZ profit margin has gone down from 8.4% to -0.6% in the past year.
Is it a good time to buy Lazard stock, according to analysts?
Out of 6 Wall Street analysts who research LAZ, the consensus analyst rating on Lazard is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent LAZ Analyst Forecasts
Richard Ramsden, a top 17% analyst from Goldman Sachs maintains LAZ with a strong sell rating and raises their LAZ price target from $28.00 to $31.00, on Dec 19, 2023.
You can dive deeper into what analysts are forecasting on the Lazard stock forecast page.
LAZ Technical Indicators
Is LAZ Making Money?
Last year, LAZ revenue was $2.74B. In the past five year, LAZ's revenue has grown by 0.17% per year. This was slower than the Capital Markets industry average of 13.65%.
You can analyze LAZ's earnings and revenue performance here.
What are LAZ executives and large shareholders up to?
In the past 12 months, insiders at LAZ have sold more shares than they have bought.
Evan L. Russo, CEO of Asset Management of LAZ, was the latest LAZ insider to sell. They sold $2,951,250.00 worth of LAZ shares on Mar 13, 2024.
Dig into more about who owns LAZ shares here.
Can I rely on LAZ as an income stream?
No, Lazard doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your LAZ purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your LAZ position
Now that you own some LAZ stock, you'll want to keep up with your investment.
Create a watchlist to monitor your LAZ stock.
LAZ Feed
How to Buy Stock in Lazard
To summarize, here are the 6 steps you need to take to buy Lazard stock right now:
- Choose where to buy Lazard stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Lazard stock
- Execute your LAZ purchase
- Get notifications regarding your LAZ position
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Lazard, click the button below.
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