LAZ
Lazard, Inc. Financial Services - Capital Markets Investor Relations →
Lazard, Inc. (LAZ) closed at $56.80 as of 2026-02-02, trading 48.7% above its 200-week moving average of $38.20. The stock moved further from the line this week, up from 41.2% last week. The 14-week RSI sits at 66, indicating neutral momentum.
Over the past 1035 weeks of data, LAZ has crossed below its 200-week moving average 21 times. On average, these episodes lasted 19 weeks. Historically, investors who bought LAZ at the start of these episodes saw an average one-year return of +6.9%.
With a market cap of $5.4 billion, LAZ is a mid-cap stock. Return on equity stands at 28.6%, indicating strong profitability. The stock trades at 6.4x book value.
The company has been aggressively buying back shares, reducing its share count by 10.3% over the past three years.
Over the past 19.9 years, a hypothetical investment of $100 in LAZ would have grown to $278, compared to $758 for the S&P 500. LAZ has returned 5.3% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -5.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: LAZ vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LAZ Crosses Below the Line?
Across 21 historical episodes, buying LAZ when it crossed below its 200-week moving average produced an average return of +8.3% after 12 months (median +7.0%), compared to +9.8% for the S&P 500 over the same periods. 65% of those episodes were profitable after one year. After 24 months, the average return was +10.2% vs +22.8% for the index.
Each line shows $100 invested at the moment LAZ crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
LAZ has crossed below its 200-week MA 21 times with an average 1-year return of +6.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2007 | Jul 2007 | 1 | 3.6% | +5.3% | +229.4% |
| Aug 2007 | Aug 2007 | 1 | 0.5% | +12.1% | +219.0% |
| Dec 2007 | Jul 2008 | 29 | 18.2% | -21.1% | +219.1% |
| Sep 2008 | Sep 2008 | 2 | 1.4% | +1.9% | +218.0% |
| Oct 2008 | Aug 2009 | 43 | 42.5% | +15.7% | +228.5% |
| Sep 2009 | Sep 2009 | 2 | 2.8% | -1.6% | +221.8% |
| Oct 2009 | Nov 2009 | 2 | 1.5% | -0.9% | +215.1% |
| Nov 2009 | Jan 2010 | 6 | 4.6% | -4.4% | +211.0% |
| Feb 2010 | Apr 2010 | 9 | 6.0% | +22.5% | +218.3% |
| May 2010 | Oct 2010 | 25 | 29.5% | +17.1% | +241.7% |
| Nov 2010 | Nov 2010 | 1 | 1.3% | -36.1% | +225.2% |
| Jul 2011 | Dec 2012 | 77 | 38.3% | -23.9% | +244.0% |
| Jan 2016 | Mar 2016 | 9 | 20.2% | +18.4% | +167.1% |
| Apr 2016 | Nov 2016 | 32 | 22.4% | +40.1% | +175.0% |
| Oct 2018 | Nov 2019 | 54 | 18.8% | +5.0% | +117.4% |
| Feb 2020 | Nov 2020 | 37 | 40.6% | +14.4% | +112.0% |
| Feb 2022 | Jul 2022 | 22 | 11.6% | +10.6% | +91.3% |
| Sep 2022 | Oct 2022 | 5 | 8.2% | -0.3% | +100.1% |
| Mar 2023 | Jul 2023 | 18 | 16.8% | +22.7% | +90.0% |
| Jul 2023 | Dec 2023 | 19 | 18.7% | +39.8% | +90.7% |
| Mar 2025 | Apr 2025 | 3 | 4.8% | N/A | +66.5% |
| Average | 19 | — | +6.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02