How does 69Q's pe Ratio compare to its peers?

69Q is good value based on its Price-To-Earnings Ratio (17.7x) compared to the peer average (54.4x).

How does 69Q's pe Ratio compare vs other companies in the DE Capital Markets Industry?

69Q is good value based on its Price-To-Earnings Ratio (17.7x) compared to the German Capital Markets industry average (18.9x).

What is 69Q's pe Ratio compared to its Fair pe Ratio? This is the expected pe Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 69Q's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 69Q when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

69Q (€52.35) is trading below our estimate of [[fair value]] (€148.98)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Lazard (DUSE:69Q) - Stock Price, News & Analysis

69Q Stock Overview

Operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. More details

69Q fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 64.9% below our estimate of its fair value

Earnings are forecast to grow 9.82% per year

Became profitable this year

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Unstable dividend track record

Significant insider selling over the past 3 months

Community vs My Fair Value

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Lazard, Inc. Competitors

flatexDEGIRO

XTRA:FTK

€2.0b

Tradegate Wertpapierhandelsbank

DB:T2G

€2.1b

Berliner Effektengesellschaft

DB:BFV

€820.6m

JDC Group

XTRA:JDC

€311.0m

Price History & Performance

Summary of share price highs, lows and changes for Lazard
Historical stock prices
Current Share Price	US$52.35
52 Week High	US$52.45
52 Week Low	US$49.73
Beta	1.39
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	3.38%

Recent updates

Shareholder Returns

	69Q	DE Capital Markets	DE Market
7D	5.3%	3.3%	3.0%
1Y	n/a	39.0%	19.3%

Return vs Industry: Insufficient data to determine how 69Q performed against the German Capital Markets industry.

Return vs Market: Insufficient data to determine how 69Q performed against the German Market.

Price Volatility

Is 69Q's price volatile compared to industry and market?
69Q volatility
69Q Average Weekly Movement	n/a
Capital Markets Industry Average Movement	4.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.4%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: 69Q's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine 69Q's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1848	3,249	Peter Orszag	www.lazard.com

Lazard, Inc., together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services.

Lazard, Inc. Fundamentals Summary

How do Lazard's earnings and revenue compare to its market cap?
69Q fundamental statistics
Market cap	€4.78b
Earnings (TTM)	€267.96m
Revenue (TTM)	€2.92b

17.7x

P/E Ratio

1.6x

P/S Ratio

Is 69Q overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
69Q income statement (TTM)
Revenue	US$3.05b
Cost of Revenue	US$290.70m
Gross Profit	US$2.76b
Other Expenses	US$2.48b
Earnings	US$279.91m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.09
Gross Margin	90.47%
Net Profit Margin	9.17%
Debt/Equity Ratio	220.6%

How did 69Q perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

67%

Payout Ratio

Does 69Q pay a reliable dividends?

See 69Q dividend history and benchmarks

When do you need to buy 69Q by to receive an upcoming dividend?
Lazard dividend dates
Ex Dividend Date	Feb 10 2025
Dividend Pay Date	Feb 21 2025
Days until Ex dividend	10 days
Days until Dividend pay date	1 day

Does 69Q pay a reliable dividends?

See 69Q dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/18 20:40
End of Day Share Price	2025/02/18 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lazard, Inc. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Biggar	Argus Research Company
Michael Needham	BofA Global Research
James Mitchell	Buckingham Research Group Inc.

LazardDUSE:69Q Stock Report