News headlines about La-Z-Boy (NYSE:LZB) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. La-Z-Boy earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.4694045209378 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news headlines that may have effected Accern’s rankings:

Shares of La-Z-Boy (NYSE:LZB) remained flat at $$27.95 on Wednesday. 241,765 shares of the company’s stock traded hands, compared to its average volume of 459,485. The company has a market capitalization of $1,357.74, a price-to-earnings ratio of 16.44 and a beta of 0.97. La-Z-Boy has a fifty-two week low of $23.15 and a fifty-two week high of $34.10.

La-Z-Boy (NYSE:LZB) last issued its quarterly earnings results on Tuesday, August 22nd. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The business had revenue of $357.10 million for 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%. La-Z-Boy’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the business posted $0.28 earnings per share. analysts forecast that La-Z-Boy will post 1.73 EPS for the current year.

A number of equities research analysts have issued reports on the company. KeyCorp reiterated a “buy” rating and issued a $36.00 target price on shares of La-Z-Boy in a research note on Friday, November 10th. Zacks Investment Research upgraded La-Z-Boy from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 25th. ValuEngine upgraded La-Z-Boy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 25th. BidaskClub cut La-Z-Boy from a “hold” rating to a “sell” rating in a research note on Saturday, August 26th. Finally, Stifel Nicolaus cut their target price on La-Z-Boy from $30.00 to $27.00 and set a “hold” rating on the stock in a research note on Thursday, August 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.00.

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La-Z-Boy Company Profile

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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