Stocks News Update: Lazard Ltd. (NYSE:LAZ) & Ocean Rig UDW Inc. (NASDAQ:ORIG)

Lazard Ltd. (NYSE:LAZ)

Lazard is a preeminent international financial advisory and asset management firm that has long specialized in crafting solutions to the complex financial and strategic challenges of their clients. They serve a diverse set of clients around the world, including corporations, partnerships, institutions, governments and high-net-worth individuals.

Lazard Ltd. (NYSE:LAZ)’s Financial Overview

Lazard Ltd. (NYSE) surged 0.52% yesterday to close its trading session at $39.01. The company has 1 year Price Target of $45.5. Lazard Ltd. has 52-Week high of $57.37 and 52-Week Low of $33.54. The stock touched its 52-Week High on 57.37 and 52-Week Low on 33.54. The stock traded with the volume of 664603 shares yesterday. The firm shows the market capitalization of $5.09 Billion.

Lazard Ltd. (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.86/share against the analyst consensus estimate of $0.93/share. The difference between the actual and expected EPS is $-0.07 a share with a surprise factor of -7.5%.

The firm is trading with SMA20 of 0.12 Percent, SMA50 of 3.29 Percent and SMA200 of -14.88 percent. Lazard Ltd. has P/S value of 1.76 while its P/B value stands at 4.37. Similarly, the company has Return on Assets of 7 percent, Return on Equity of 30.8 percent and Return on Investment of 28.4 Percent. The company shows Gross Margin and Operating Margin of 93.4 percent and 30.8 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.4 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 9 analysts offering 12-month price forecasts for Lazard Ltd have a median target of 48.00, with a high estimate of 58.00 and a low estimate of 37.00. The median estimate represents a +23.05% increase from the last price of 39.01.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Ocean Rig UDW Inc. (NASDAQ:ORIG)

Ocean Rig UDW Inc. (NASDAQ:ORIG)’s Financial Outlook

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.