Market Insights: LegalZoom.com Inc. (LZ)’s Notable Drop of -23.87, Closing at 9.28

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, LegalZoom.com Inc.’s stock clocked out at $9.28, down -23.87% from its previous closing price of $12.19. In other words, the price has decreased by -$23.87 from its previous closing price. On the day, 4.31 million shares were traded. LZ stock price reached its highest trading level at $10.44 during the session, while it also had its lowest trading level at $9.0298.

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 7.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.33. 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.

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 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 1752769280 and an Enterprise Value of 2082733312. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 85.85, and their Forward P/E ratio for the next fiscal year is 15.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 10.44. Its current Enterprise Value per Revenue stands at 3.113 whereas that against EBITDA is 51.269.

Stock Price History:

The Beta on a monthly basis for LZ is 1.25, which has changed by 0.1709894 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, LZ has reached a high of $15.68, while it has fallen to a 52-week low of $7.78. The 50-Day Moving Average of the stock is -27.10%, while the 200-Day Moving Average is calculated to be -19.90%.

Shares Statistics:

It appears that LZ traded 1.33M shares on average per day over the past three months and 1152360 shares per day over the past ten days. A total of 188.54M shares are outstanding, with a floating share count of 123.06M. Insiders hold about 34.85% of the company’s shares, while institutions hold 57.40% stake in the company. Shares short for LZ as of 1713139200 were 4730451 with a Short Ratio of 3.55, compared to 1710460800 on 4054925. Therefore, it implies a Short% of Shares Outstanding of 4730451 and a Short% of Float of 3.37.

Earnings Estimates

The current assessment of LegalZoom.com Inc. (LZ) involves the perspectives of 7.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.11, while EPS last year was $0.1. The consensus estimate for the next quarter is $0.15, with high estimates of $0.17 and low estimates of $0.13.

Analysts are recommending an EPS of between $0.58 and $0.47 for the fiscal current year, implying an average EPS of $0.54. EPS for the following year is $0.67, with 7.0 analysts recommending between $0.75 and $0.56.

Revenue Estimates

In the current quarter, 6 analysts expect revenue to total $178.09M. It ranges from a high estimate of $183.31M to a low estimate of $175M. As of the current estimate, LegalZoom.com Inc.’s year-ago sales were $167.05MFor the next quarter, 6 analysts are estimating revenue of $182.53M. There is a high estimate of $186.3M for the next quarter, whereas the lowest estimate is $178M.

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 $710M, resulting in an average revenue estimate of $713.89M. In the same quarter a year ago, actual revenue was $660.73MBased on 7 analysts’ estimates, the company’s revenue will be $797.35M in the next fiscal year. The high estimate is $818M and the low estimate is $783.16M.

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