Lazard Ltd Intrinsic Value Calculation – Lazard Promotes from Within, Appoints New CEO

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Lazard Ltd ($NYSE:LAZ), a global financial advisory and asset management firm, has recently announced the appointment of Kenneth Jacobs as its new Chief Executive Officer. This appointment is in line with the company’s long-standing practice of selecting its leaders from within the ranks of its own employees. Jacobs’ wealth of experience as a leader in the financial services industry makes him a great fit for the role of CEO at Lazard. Over his career, he has been involved in numerous high-profile transactions, including advising on the acquisitions of Bank of America, Global Crossing, and more recently, Dell Technologies.

Additionally, Jacobs has been instrumental in helping to oversee and complete some of the largest restructurings in the world including those of United Airlines and General Motors. Jacobs’ appointment is a testament to Lazard’s commitment to promote from within and develop its leadership talent. The company has a long history of success and its unique approach to financial advice has enabled it to become a leader in its field. With Jacobs at the helm, Lazard is sure to continue its legacy of success for many more years to come.

Stock Price

On Friday, LAZARD LTD announced the appointment of a new CEO, promoting from within the company. The news of the appointment sent the company’s stock up by 2.2 percent from its previous closing price of $28.2 to its current level of $28.8. This marks an increase in the company’s stock by almost seventy cents, suggesting that investors are confident in the new CEO and the direction of the company as a whole. The new CEO brings years of experience to the company’s top position, and has already shown dedication and commitment to bettering the organization. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Lazard Ltd. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Lazard Ltd. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Lazard Ltd. More…

Key Ratios Snapshot

Some of the financial key ratios for Lazard Ltd are shown below. More…

Analysis – Lazard Ltd Intrinsic Value Calculation

At GoodWhale, we have conducted a thorough analysis of the fundamentals of LAZARD LTD. Our proprietary Valuation Line has calculated the fair value of LAZARD LTD’s share to be around $39.4. Currently, the stock is trading at $28.8, meaning that it is undervalued by 26.9%. As an investor, this could be a great opportunity for you to get in and reap the rewards of an undervalued stock. More…

Peers

The company operates in two segments: Financial Advisory and Asset Management. The Financial Advisory segment provides financial advice on mergers and acquisitions, restructurings, capital raising, and other strategic matters. The Asset Management segment offers investment management, research, and investment advisory services to institutional and individual clients. Lazard Ltd competes with Rothschild & Co SCA, Asia-Pac Financial Investment Co Ltd, and Advenis SA in the financial advisory and asset management industries.

– Rothschild & Co SCA ($LTS:0FPB)

Rothschild & Co SCA is a French multinational investment bank and financial services company founded in 1811. The company is headquartered in Paris and has offices in 40 countries across Europe, the Americas, Asia, Africa, and the Middle East. Rothschild & Co SCA provides a wide range of services, including mergers and acquisitions, strategic advisory, capital markets, private equity, asset management, and wealth management. The company has a market cap of 2.54B as of 2022 and a Return on Equity of 20.39%.

– Asia-Pac Financial Investment Co Ltd ($SEHK:08193)

Asia-Pac Financial Investment Co Ltd is a company that operates in the financial sector. It has a market cap of 62.96M as of 2022 and a Return on Equity of -28.99%. The company offers a range of financial services, including investment banking, asset management, and insurance.

Summary

Lazard Ltd is an investment management and financial advisory firm with a long history of success. Analysts believe that its strong financial performance and steady growth potential make it a good investment for those looking to diversify their portfolio. Additionally, they have a diversified revenue stream, with strong performance in equity investments, fixed income investments and mergers and acquisitions. As such, analysts consider Lazard Ltd to be a solid long-term investment option.