Analytical Overview: CS Disco Inc (LAW)’s Ratios Tell a Financial Story

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As of close of business last night, CS Disco Inc’s stock clocked out at $6.76, down -0.59% from its previous closing price of $6.80. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 0.64 million shares were traded. LAW stock price reached its highest trading level at $6.96 during the session, while it also had its lowest trading level at $6.645.

Ratios:

To gain a deeper understanding of LAW’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.51 and its Current Ratio is at 10.51. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.

On September 14, 2023, MoffettNathanson Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $9.

Citigroup Downgraded its Buy to Neutral on January 12, 2023, whereas the target price for the stock was revised from $16 to $8.

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 Feb 28 ’24 when Lafair Michael sold 8,614 shares for $6.82 per share. The transaction valued at 58,747 led to the insider holds 826,345 shares of the business.

Smith Kevin Joseph sold 5,765 shares of LAW for $39,317 on Feb 28 ’24. The EVP, Chief Product Officer now owns 298,089 shares after completing the transaction at $6.82 per share. On Feb 28 ’24, another insider, Antoon Melanie, who serves as the EVP, Chief Customer Officer of the company, sold 2,006 shares for $6.82 each. As a result, the insider received 13,681 and left with 174,818 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, LAW now has a Market Capitalization of 405437760 and an Enterprise Value of 265632784. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.92 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 1.89 whereas that against EBITDA is -7.538.

Stock Price History:

The Beta on a monthly basis for LAW is 2.19, which has changed by 0.1555556 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, LAW has reached a high of $10.77, while it has fallen to a 52-week low of $5.07. The 50-Day Moving Average of the stock is -11.26%, while the 200-Day Moving Average is calculated to be -9.69%.

Shares Statistics:

It appears that LAW traded 313.53K shares on average per day over the past three months and 539260 shares per day over the past ten days. A total of 61.01M shares are outstanding, with a floating share count of 22.54M. Insiders hold about 62.84% of the company’s shares, while institutions hold 31.96% stake in the company. Shares short for LAW as of 1714435200 were 888318 with a Short Ratio of 2.83, compared to 1711584000 on 887485. Therefore, it implies a Short% of Shares Outstanding of 888318 and a Short% of Float of 2.53.

Earnings Estimates

Currently, 6.0 analysts are dedicated to thoroughly evaluating and rating the performance of CS Disco Inc (LAW) in the stock market.On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.11, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.06 and low estimates of -$0.1.

Analysts are recommending an EPS of between -$0.28 and -$0.4 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is -$0.2, with 5.0 analysts recommending between -$0.15 and -$0.27.

Revenue Estimates

In the current quarter, 6 analysts expect revenue to total $36M. It ranges from a high estimate of $36.98M to a low estimate of $35.5M. As of the current estimate, CS Disco Inc’s year-ago sales were $34.28MFor the next quarter, 6 analysts are estimating revenue of $37.11M. There is a high estimate of $37.78M for the next quarter, whereas the lowest estimate is $36M.

A total of 6 analysts have provided revenue estimates for LAW’s current fiscal year. The highest revenue estimate was $149.27M, while the lowest revenue estimate was $146.58M, resulting in an average revenue estimate of $147.34M. In the same quarter a year ago, actual revenue was $138.09MBased on 5 analysts’ estimates, the company’s revenue will be $161.47M in the next fiscal year. The high estimate is $164.7M and the low estimate is $159.06M.

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