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The closing price of LegalZoom.com Inc. (NASDAQ: LZ) was $11.81 for the day, down -1.67% from the previous closing price of $12.01. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 1.02 million shares were traded. LZ stock price reached its highest trading level at $12.08 during the session, while it also had its lowest trading level at $11.695.
Ratios:
Our analysis of LZ’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.94. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2219488768 and an Enterprise Value of 2002819200. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 165.64, and their Forward P/E ratio for the next fiscal year is 16.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.36 while its Price-to-Book (P/B) ratio in mrq is 13.19. Its current Enterprise Value per Revenue stands at 3.031 whereas that against EBITDA is 61.301.
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 -3.87%, while the 200-Day Moving Average is calculated to be 1.46%.
Shares Statistics:
LZ traded an average of 1.25M shares per day over the past three months and 893010 shares per day over the past ten days. A total of 188.54M shares are outstanding, with a floating share count of 122.45M. Insiders hold about 34.84% of the company’s shares, while institutions hold 57.62% stake in the company. Shares short for LZ as of 1711584000 were 4639813 with a Short Ratio of 3.72, compared to 1709164800 on 4157878. Therefore, it implies a Short% of Shares Outstanding of 4639813 and a Short% of Float of 4.0599998.
Earnings Estimates
The stock of LegalZoom.com Inc. (LZ) is currently in the spotlight, with Verizon Communications Inc. analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $29.18, with high estimates of $1.52 and low estimates of $41.81.
Analysts are recommending an EPS of between $Consumer Cyclical and $Communication Services for the fiscal current year, implying an average EPS of $Consumer Cyclical.
