Media stories about La-Z-Boy (NYSE:LZB) have trended positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. La-Z-Boy earned a news impact score of 0.25 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.8818107514387 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of La-Z-Boy (NYSE LZB) opened at $27.40 on Friday. The company has a market cap of $1,306.73, a PE ratio of 15.82 and a beta of 0.97. La-Z-Boy has a 1-year low of $23.15 and a 1-year high of $34.10.

La-Z-Boy (NYSE:LZB) last released its quarterly earnings data on Tuesday, August 22nd. The company reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.05). The business had revenue of $357.10 million during the quarter, compared to analyst estimates of $359.34 million. La-Z-Boy had a net margin of 5.45% and a return on equity of 14.18%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.28 EPS. research analysts expect that La-Z-Boy will post 1.73 earnings per share for the current year.

LZB has been the subject of several research analyst reports. ValuEngine upgraded shares of La-Z-Boy from a “hold” rating to a “buy” rating in a research report on Wednesday, October 25th. BidaskClub downgraded shares of La-Z-Boy from a “hold” rating to a “sell” rating in a research report on Saturday, August 26th. Stifel Nicolaus reduced their price target on shares of La-Z-Boy from $30.00 to $27.00 and set a “hold” rating for the company in a research report on Thursday, August 24th. KeyCorp restated a “buy” rating and set a $36.00 price target on shares of La-Z-Boy in a research report on Friday, November 10th. Finally, Sidoti downgraded shares of La-Z-Boy from a “buy” rating to a “neutral” rating and set a $36.00 price objective for the company. in a report on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. La-Z-Boy presently has an average rating of “Hold” and an average target price of $33.00.

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About La-Z-Boy

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes and retails upholstery furniture products. The Company also imports, distributes and retails accessories and casegoods (wood) furniture products. The Company’s segments include the Upholstery segment, the Casegoods segment and the Retail segment.

Insider Buying and Selling by Quarter for La-Z-Boy (NYSE:LZB)

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