Consensus estimates for LegalZoom.com Inc. (LZ) stock’s next quarter

As of close of business last night, LegalZoom.com Inc.’s stock clocked out at $10.75, down -2.18% from its previous closing price of $10.99. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 2792920 shares were traded. LZ stock price reached its highest trading level at $10.94 during the session, while it also had its lowest trading level at $10.39.

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Ratios:

To gain a deeper understanding of LZ’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 when Wernikoff Daniel A sold 39,558 shares for $8.62 per share. The transaction valued at 340,871 led to the insider holds 364,623 shares of the business.

Watson Noel Bertram sold 38,893 shares of LZ for $327,362 on Mar 03. The Chief Financial Officer now owns 516,973 shares after completing the transaction at $8.42 per share. On Mar 03, another insider, Wernikoff Daniel A, who serves as the Chief Executive Officer of the company, sold 4,243 shares for $8.42 each. As a result, the insider received 35,713 and left with 404,181 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LZ now has a Market Capitalization of 1.98B and an Enterprise Value of 1.78B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 13.78. Its current Enterprise Value per Revenue stands at 2.83 whereas that against EBITDA is 252.53.

Stock Price History:

Over the past 52 weeks, LZ has reached a high of $14.62, while it has fallen to a 52-week low of $6.89. The 50-Day Moving Average of the stock is 9.31, while the 200-Day Moving Average is calculated to be 9.09.

Shares Statistics:

It appears that LZ traded 1.00M shares on average per day over the past three months and 2.21M shares per day over the past ten days. A total of 191.29M shares are outstanding, with a floating share count of 142.69M. Insiders hold about 1.10% of the company’s shares, while institutions hold 65.40% stake in the company. Shares short for LZ as of Apr 27, 2023 were 7.96M with a Short Ratio of 7.96M, compared to 8.03M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.16% and a Short% of Float of 6.77%.

Earnings Estimates

As of right now, 8 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.09, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.09, with high estimates of $0.11 and low estimates of $0.09.

Analysts are recommending an EPS of between $0.42 and $0.33 for the fiscal current year, implying an average EPS of $0.37. EPS for the following year is $0.48, with 8 analysts recommending between $0.62 and $0.38.

Revenue Estimates

In the current quarter, 8 analysts expect revenue to total $166.9M. It ranges from a high estimate of $167.21M to a low estimate of $166.5M. As of the current estimate, LegalZoom.com Inc.’s year-ago sales were $163.87M, an estimated increase of 1.90% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $158.94M, an increase of 2.90% over than the figure of $1.90% in the same quarter last year. There is a high estimate of $163M for the next quarter, whereas the lowest estimate is $153.87M.

A total of 10 analysts have provided revenue estimates for LZ’s current fiscal year. The highest revenue estimate was $649.8M, while the lowest revenue estimate was $640M, resulting in an average revenue estimate of $643.82M. In the same quarter a year ago, actual revenue was $619.98M, up 3.80% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $714.24M in the next fiscal year. The high estimate is $756M and the low estimate is $670.3M. The average revenue growth estimate for next year is up 10.90% from the average revenue estimate for this year.