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La-Z-Boy (LZB) Is Up 11.99% in One Week: What You Should Know
La-Z-BoyLa-Z-Boy(US:LZB) ZACKSยท2024-07-16 17:05

Group 1 - La-Z-Boy (LZB) currently has a Momentum Style Score of B, indicating a positive momentum trend for the stock [2][13] - Over the past week, LZB shares have increased by 11.99%, outperforming the Zacks Furniture industry, which rose by 6.84% during the same period [4] - The stock has shown a monthly price change of 19.13%, significantly higher than the industry's performance of 0.94% [4] Group 2 - LZB's average 20-day trading volume is 656,463 shares, which serves as a bullish indicator when combined with rising stock prices [5] - Recent earnings estimate revisions have been positive, with the consensus estimate increasing from $2.80 to $3.13 over the past 60 days [12] - In the last quarter, LZB shares have increased by 20.58%, and over the past year, they have gained 39.12%, compared to the S&P 500's increases of 11.69% and 26.6%, respectively [11] Group 3 - The Zacks Rank for LZB is 1 (Strong Buy), suggesting strong potential for outperformance in the market [9][13] - The stock's performance metrics indicate that it is well-positioned to continue its upward trend, making it a promising pick for investors [10][13]