The closing price of LegalZoom.com Inc. (NASDAQ: LZ) was $13.31 for the day, down -1.92% from the previous closing price of $13.57. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 873710 shares were traded. LZ stock price reached its highest trading level at $13.60 during the session, while it also had its lowest trading level at $13.18.
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 11.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.98. 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 01 ’24 when Murphy John Francis sold 10,000 shares for $12.47 per share. The transaction valued at 124,740 led to the insider holds 40,507 shares of the business.
Miller Nicole sold 24,557 shares of LZ for $239,431 on Feb 22 ’24. The EVP and General Counsel now owns 208,641 shares after completing the transaction at $9.75 per share. On Feb 16 ’24, another insider, Miller Nicole, who serves as the EVP and General Counsel of the company, sold 16,536 shares for $10.64 each. As a result, the insider received 175,943 and left with 233,198 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 2.50B and an Enterprise Value of 2.29B. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 186.68, and their Forward P/E ratio for the next fiscal year is 20.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.79 while its Price-to-Book (P/B) ratio in mrq is 14.86. Its current Enterprise Value per Revenue stands at 3.46 whereas that against EBITDA is 38.07.
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 11.20, while the 200-Day Moving Average is calculated to be 11.54.
Shares Statistics:
LZ traded an average of 1.32M shares per day over the past three months and 1.3M shares per day over the past ten days. A total of 188.54M shares are outstanding, with a floating share count of 123.69M. Insiders hold about 34.19% 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 3.15, 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
The firm’s stock currently is rated by 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
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. 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.
