Assessing Lazard (LAZ) Valuation After Recent Share Price Drift and Mixed Momentum

Lazard (LAZ) has been treading water lately, with the stock roughly flat this year after a tougher past 3 months. That drift hides some interesting shifts in its underlying earnings power. See our latest analysis for Lazard. At around $50.73 per share, Lazard’s recent pullback, including a weaker 90 day share price return, contrasts with its much stronger three and five year total shareholder returns. This hints that momentum has cooled even as the longer term story remains constructive. If Lazard’s mixed momentum has you reassessing your options, this could be a good moment to broaden your search and explore fast growing stocks with high insider ownership. With earnings growing faster than revenue, an intrinsic value estimate suggesting upside, and the share price lagging its targets, is Lazard quietly undervalued right now or is the market already pricing in its next leg of growth? Most Popular Narrative Narrative: 12.8% Undervalued With Lazard closing at $50.73 versus a narrative fair value near $58, the gap rests on a detailed view of future growth and margins. The analysts have a consensus price target of $61.0 for Lazard based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $65.0, and the most bearish reporting a price target of $52.0. Read the complete narrative. Want to see what powers this confidence gap? The narrative leans on faster compounding revenues, higher margins, and a future earnings multiple that differs from industry norms. Result: Fair Value of $58.17 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Lazard’s growth push, from higher advisory hiring to Middle East and ETF expansion, could keep costs elevated and delay the expected margin uplift. Find out about the key risks to this Lazard narrative. Build Your Own Lazard Narrative If you see Lazard’s story differently or simply prefer to dig into the numbers yourself, you can craft a custom narrative in just a few minutes: Do it your way. A great starting point for your Lazard research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision. Looking for more investment ideas? Before you move on, consider using the Simply Wall St Screener to uncover stocks that match your goals instead of settling for the obvious. Capture potential bargains by targeting companies trading below their estimated value through these 904 undervalued stocks based on cash flows and position yourself ahead of a possible re rating. Explore technology-related opportunities by examining companies that may benefit from AI adoption with these 26 AI penny stocks. Strengthen your income stream by focusing on reliable payers through these 12 dividend stocks with yields > 3%, so you are not relying solely on price appreciation. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.Mobile Infrastructure for Defense and DisasterThe next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.Get the investor briefing before the next round of contractsSponsored On Behalf of CiTech