LegalZoom.com Inc. (NASDAQ: LZ) closed the day trading at $13.21 down -1.78% from the previous closing price of $13.45. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 1518187 shares were traded.
Ratios:
For a better understanding of LZ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when Preece Richard sold 9,462 shares for $13.17 per share. The transaction valued at 124,615 led to the insider holds 498,519 shares of the business.
Murphy John Francis sold 10,000 shares of LZ for $124,740 on Mar 01 ’24. The Director now owns 40,507 shares after completing the transaction at $12.47 per share. On Feb 22 ’24, another insider, Miller Nicole, who serves as the EVP and General Counsel of the company, sold 24,557 shares for $9.75 each. As a result, the insider received 239,431 and left with 208,641 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 2.48B and an Enterprise Value of 2.27B. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 185.27, and their Forward P/E ratio for the next fiscal year is 20.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.76 while its Price-to-Book (P/B) ratio in mrq is 14.75. Its current Enterprise Value per Revenue stands at 3.43 whereas that against EBITDA is 37.73.
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 $6.89. The 50-Day Moving Average of the stock is 11.46, while the 200-Day Moving Average is calculated to be 11.59.
Shares Statistics:
Over the past 3-months, LZ traded about 1.27M shares per day on average, while over the past 10 days, LZ traded about 1.17M shares per day. A total of 188.54M shares are outstanding, with a floating share count of 122.65M. Insiders hold about 34.74% of the company’s shares, while institutions hold 57.56% stake in the company. Shares short for LZ as of Feb 29, 2024 were 4.16M with a Short Ratio of 3.26, compared to 3.91M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.21% and a Short% of Float of 3.64%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.12 and a low estimate of $0.09, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.12, with high estimates of $0.16 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.59 and $0.47 for the fiscal current year, implying an average EPS of $0.53. EPS for the following year is $0.66, with 6 analysts recommending between $0.72 and $0.56.
Revenue Estimates
6 analysts predict $174.31M in revenue for the current quarter. It ranges from a high estimate of $175.32M to a low estimate of $173M. As of the current estimate, LegalZoom.com Inc.’s year-ago sales were $155.21M, an estimated increase of 12.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $177.11M, an increase of 6.00% less than the figure of $12.30% in the same quarter last year. There is a high estimate of $183.31M for the next quarter, whereas the lowest estimate is $170M.
A total of 7 analysts have provided revenue estimates for LZ’s current fiscal year. The highest revenue estimate was $719.38M, while the lowest revenue estimate was $706.41M, resulting in an average revenue estimate of $712.67M. In the same quarter a year ago, actual revenue was $660.73M, up 7.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $797.84M in the next fiscal year. The high estimate is $818M and the low estimate is $783.16M. The average revenue growth estimate for next year is up 12.00% from the average revenue estimate for this year.
