La-Z-Boy (LZB) Falls: Stock Goes Down 8.1% - Tale of the Tape - La-Z-Boy (NYSE:LZB), Leggett & Platt (NYSE:LEG)

La-Z-Boy Incorporated LZB saw a big move last session, as the company's shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $23.63 to $26.40 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the furniture company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

LZB currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the same sector include Leggett & Platt, Incorporated LEG, Stanley Furniture Co. Inc. STLY and Skechers USA Inc. SKX. All these stocks hold a Zacks Rank #2 (Buy).

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LA-Z-BOY INC LZB: Free Stock Analysis Report

LEGGETT & PLATT LEG: Free Stock Analysis Report

STANLEY FURN CO STLY: Free Stock Analysis Report

SKECHERS USA-A SKX: Free Stock Analysis Report

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