La-Z-Boy Incorporated (NYSE:LZB) has posted year over year net profit growth of -0.01177. The net profit number is the nuts and bolts of a firm’s financial health. Healthy and consistent net profit growth provide investors with confidence that the firm will continue to be profitable and result in the share price moving in a positive direction. On the other hand, consistent negative numbers could raise serious red flags for shareholders or potential shareholders.
Stock market investors are typically searching for solid quality companies to help boost the portfolio. There are plenty of quality companies out there, the tricky part may be determining what constitutes as quality. Many investors look for companies that are solid sales leaders within a market that is growing. Going further, investors may be studying a company’s proven track record and gauging the competence of current management. Adding other factors such as brand recognition and prospects for steady growth, investors may eventually find a company that is worth taking the risk for future returns.
When looking to find solid stocks with smooth upward momentum, investors can take a look at the 125/250 day adjusted slope indicator. At the time of writing La-Z-Boy Incorporated (NYSE:LZB) have a current value of -7.91559. The point of this calculation is to calculate a longer term average adjusted slope value that smooths out large stock price movements by using the average of the timeframe. This indicator is useful in helping find stocks that have been on an even upward trend over the past 6 months to a year.
La-Z-Boy Incorporated (NYSE:LZB) of the Household Goods & Home Construction sector closed the recent session at 29.970000 with a market value of $1403599.
La-Z-Boy Incorporated (NYSE:LZB) has a current suggested portfolio rate of 0.03380 (as a decimal) ownership. Target weight is the volatility adjusted recommended position size for a stock in your portfolio. The maximum target weight is 7% for any given stock. The indicator is based off of the 100 day volatility reading and calculates a target weight accordingly. The more recent volatility of a stock, the lower the target weight will be. The 3-month volatility stands at 36.600200 (decimal). This is the normal returns and standard deviation of the stock price over three months annualized.
Successful investors are usually adept at expecting and reacting to sudden change. Things may be all roses when the markets are riding the bulls higher, but environments shift and can leave investors suddenly in the lurch. When times are good, investors may be well served by maintaining a watchful eye on the portfolio. Becoming complacent when everything seems to be working can become a disaster very quickly without the proper attention. Setting up a plan for different market scenarios can greatly benefit the investor. Routinely studying portfolio contents may help when the need to release some underperformers comes. Keeping close tabs on the portfolio may also help fend off a personal panic if events take a dramatic turn for the worse.
In looking at some Debt ratios, La-Z-Boy Incorporated (NYSE:LZB) has a debt to equity ratio of 0.05553 and a Free Cash Flow to Debt ratio of 1.804764. This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at -0.44319. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. La-Z-Boy Incorporated’s ND to MV current stands at -0.041722. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.
In looking at some key ratios we note that the Piotroski F Score stands at 4 (1 to 10 scale) and the ERP5 rank holds steady at 3326. The Q.I. Value of La-Z-Boy Incorporated (NYSE:LZB) currently reads 23.00000 on the Quant scale. The Free Cash Flow score of 0.318741 is also swinging some momentum at investors. The United States of America based firm is currently valued at 10677.
One way to completely avoid market mistakes is to not invest at all. Of course, that could end up to be the greatest mistake of all. Investors will occasionally make some mistakes, as that comes with the territory. The key as with most things in life is to figure out how to learn from past mistakes and use that knowledge to make better decisions going forward. Pinpointing exactly what went wrong may help shed some light on what needs improvement. Sometimes, investors will suffer losses and become discouraged right out of the gate. The tendency is to then try to recoup losses by taking even bigger risks which can lead to complete disaster. One of the biggest differences between successful investors and failed investors is the willingness and ability to learn from past personal mistakes.
Some other notable ratios include the Accrual Ratio of 0.171829, the Altman Z score of 5.148577, a Montier C-Score of 3.00000 and a Value Composite rank of 32. La-Z-Boy Incorporated (NYSE:LZB) has Return on Invested Capital of 0.238883, with a 5-year average of 0.258803 and an ROIC quality score of 9.901035. Why is ROIC important? It’s one of the most fundamental metrics in determining the value of a given stock. It helps potential investors determine if the firm is using it’s invested capital to return profits.
With the stock market trading at current levels, investors may be tossing around ideas about how to trade the next few quarters. As we slip further into the second half of the year, investors may be assessing the latest earnings reports and trying to calculate the future prospects of certain stocks. Finding bargain stocks at current levels may be much harder than spotting hidden gems when markets are down. Plowing through the fundamentals may help sort out some of the questions that investors may have that come along with trading at these levels. Investors may have to do a little more homework in order to identify that next great trade, but the rewards may be well worth the extra time and effort.