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The price of LegalZoom.com Inc. (NASDAQ: LZ) closed at $6.99 in the last session, up 1.01% from day before closing price of $6.92. In other words, the price has increased by $1.01 from its previous closing price. On the day, 0.73 million shares were traded. LZ stock price reached its highest trading level at $7.1199 during the session, while it also had its lowest trading level at $6.91.
Ratios:
We take a closer look at LZ’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
On July 31, 2024, Jefferies Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $8.
JP Morgan Downgraded its Overweight to Neutral on July 10, 2024, whereas the target price for the stock was revised from $14 to $9.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 13 ’24 when Wernikoff Daniel A bought 226,190 shares for $5.77 per share.
Miller Nicole sold 13,727 shares of LZ for $125,877 on May 17 ’24. The CHIEF LEGAL OFFICER now owns 338,956 shares after completing the transaction at $9.17 per share. On May 16 ’24, another insider, Watson Noel Bertram, who serves as the Chief Financial Officer of the company, sold 25,000 shares for $9.44 each. As a result, the insider received 236,000 and left with 748,912 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 1227527808 and an Enterprise Value of 1116617472. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.72, and their Forward P/E ratio for the next fiscal year is 12.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 20.26. Its current Enterprise Value per Revenue stands at 1.648 whereas that against EBITDA is 28.18.
Stock Price History:
Over the past 52 weeks, LZ has reached a high of $13.74, while it has fallen to a 52-week low of $5.33. The 50-Day Moving Average of the stock is 6.59%, while the 200-Day Moving Average is calculated to be -23.46%.
Shares Statistics:
According to the various share statistics, LZ traded on average about 1.36M shares per day over the past 3-months and 746230 shares per day over the past 10 days. A total of 188.54M shares are outstanding, with a floating share count of 112.88M. Insiders hold about 35.72% of the company’s shares, while institutions hold 57.21% stake in the company. Shares short for LZ as of 1727654400 were 3436530 with a Short Ratio of 2.53, compared to 1724976000 on 4277786. Therefore, it implies a Short% of Shares Outstanding of 3436530 and a Short% of Float of 2.7.
