Added to YB: 2024-06-11
Pitch date: 2024-03-31
LAZ [bullish]
Lazard, Inc.
+32.55%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$5.0B
Pitch Price
$38.55
Price Target
N/A
Dividend
3.82%
EV/EBITDA
N/A
P/E
24.11
EV/Sales
N/A
Sector
Capital Markets
Category
value
Show full summary:
Ariel Investments Small Cap Value Strategy Portfolio Holding: Lazard, Inc.
LAZ: Financial advisory & asset mgr beat on Q4 earnings. M&A pipeline improving but geopolitical uncertainty a headwind. Targets 2x firm rev by 2030 via double-digit annual growth. Cost savings showing early progress. Trades at discount to our private market value estimate.
Read full article (1 min)