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As of close of business last night, LegalZoom.com Inc.’s stock clocked out at $6.15, up 3.36% from its previous closing price of $5.95. In other words, the price has increased by $3.36 from its previous closing price. On the day, 4.77 million shares were traded. LZ stock price reached its highest trading level at $6.26 during the session, while it also had its lowest trading level at $5.93.
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 5.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on July 10, 2024, Downgraded its rating to Neutral and sets its target price to $9 from $14 previously.
Citigroup Downgraded its Buy to Neutral on July 10, 2024, whereas the target price for the stock was revised from $15 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 May 17 ’24 when Miller Nicole sold 13,727 shares for $9.17 per share. The transaction valued at 125,877 led to the insider holds 338,956 shares of the business.
Watson Noel Bertram sold 25,000 shares of LZ for $236,000 on May 16 ’24. The Chief Financial Officer now owns 748,912 shares after completing the transaction at $9.44 per share. On Mar 15 ’24, another insider, Preece Richard, who serves as the Chief Operating Officer of the company, sold 9,462 shares for $13.17 each. As a result, the insider received 124,615 and left with 498,519 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 1157405440 and an Enterprise Value of 937751360. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.89, and their Forward P/E ratio for the next fiscal year is 10.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 6.92. Its current Enterprise Value per Revenue stands at 1.402 whereas that against EBITDA is 23.259.
Stock Price History:
Over the past 52 weeks, LZ has reached a high of $15.68, while it has fallen to a 52-week low of $5.33. The 50-Day Moving Average of the stock is -30.86%, while the 200-Day Moving Average is calculated to be -42.81%.
Shares Statistics:
It appears that LZ traded 2.19M shares on average per day over the past three months and 3710990 shares per day over the past ten days. A total of 188.54M shares are outstanding, with a floating share count of 125.34M. Insiders hold about 30.23% of the company’s shares, while institutions hold 58.47% stake in the company. Shares short for LZ as of 1719532800 were 4361856 with a Short Ratio of 1.99, compared to 1717113600 on 3700934. Therefore, it implies a Short% of Shares Outstanding of 4361856 and a Short% of Float of 3.1199999999999997.
