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LegalZoom.com Inc (NASDAQ: LZ) closed the day trading at $7.99 down -2.56% from the previous closing price of $8.20. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 1.43 million shares were traded. LZ stock price reached its highest trading level at $8.21 during the session, while it also had its lowest trading level at $7.975.
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 12.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
Jefferies Upgraded its Hold to Buy on July 31, 2024, while the target price for the stock was maintained at $8.
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 Aug 13 ’24 when Wernikoff Daniel A bought 226,190 shares for $5.77 per share.
Miller Nicole sold 13,727 shares of LZ for $125,877 on May 17 ’24. The CHIEF LEGAL OFFICER now owns 338,956 shares after completing the transaction at $9.17 per share. On May 16 ’24, another insider, Watson Noel Bertram, who serves as the Chief Financial Officer of the company, sold 25,000 shares for $9.44 each. As a result, the insider received 236,000 and left with 748,912 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 1380847744 and an Enterprise Value of 1276419456. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.30, and their Forward P/E ratio for the next fiscal year is 14.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 23.01. Its current Enterprise Value per Revenue stands at 1.88 whereas that against EBITDA is 23.626.
Stock Price History:
Over the past 52 weeks, LZ has reached a high of $13.74, while it has fallen to a 52-week low of $5.33. The 50-Day Moving Average of the stock is 14.68%, while the 200-Day Moving Average is calculated to be -10.34%.
Shares Statistics:
Over the past 3-months, LZ traded about 1.18M shares per day on average, while over the past 10 days, LZ traded about 1586100 shares per day. A total of 188.54M shares are outstanding, with a floating share count of 111.12M. Insiders hold about 35.70% of the company’s shares, while institutions hold 57.64% stake in the company. Shares short for LZ as of 1730332800 were 2741487 with a Short Ratio of 2.33, compared to 1727654400 on 3436530. Therefore, it implies a Short% of Shares Outstanding of 2741487 and a Short% of Float of 2.1999999999999997.
