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

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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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