La-Z-Boy Inc (LZB) Stock AnalysisLZBLa-Z-Boy Inc

La-Z-Boy Incorporated is a vertically integrated retailer and manufacturer of custom furniture. The Company is engaged in retail, manufacturing, design, distribution and after-service care. Its Joybird brand is an omnichannel retailer and manufacturer of modern, custom upholstered furniture, operating over 15 United States stores. Its segments include Wholesale Segment, Retail Segment, Corporate and Other. The Wholesale segment consists primarily of four operating segments: La-Z-Boy, an England subsidiary; Casegoods operating segment that sells furniture under the brand Hammary; and the international operating segment, which includes international La-Z-Boy wholesale and manufacturing businesses. The Retail segment consists of one operating segment comprised of 226 company-owned La-Z-Boy Stores. It sells upholstered furniture, in addition to some casegoods and other home furnishings and accessories, to end consumers through the stores. It operates in the Consumer Cyclicals sector (HOUSEHOLD FURNITURE industry).

La-Z-Boy Inc is not a strong buy right now due to its current price of $29.22, which is significantly below its historical SMA of $35.92. Additionally, the RSI is at 30.105, indicating that the stock is oversold, but the recent insider selling raises concerns. The forward P/E ratio of 11.76 suggests potential value, but the stock has a year-to-date change of -21.66%, indicating ongoing struggles.

4 analysts cover LZB: 1 rate it Buy, 3 Hold and 0 Sell. The average price target is 42.50.