Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of LegalZoom.com Inc (NASDAQ: LZ) closed at $9.16 in the last session, up 0.55% from day before closing price of $9.11. In other words, the price has increased by $0.55 from its previous closing price. On the day, 4.21 million shares were traded. LZ stock price reached its highest trading level at $9.32 during the session, while it also had its lowest trading level at $9.0.
Ratios:
We take a closer look at LZ’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.25. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on January 13, 2025, Upgraded its rating to Overweight and sets its target price to $9 from $8 previously.
On December 06, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $9.
JP Morgan Downgraded its Neutral to Underweight on November 08, 2024, while the target price for the stock was maintained at $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1583049472 and an Enterprise Value of 1478621440. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.13, and their Forward P/E ratio for the next fiscal year is 16.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 26.38. Its current Enterprise Value per Revenue stands at 2.178 whereas that against EBITDA is 27.368.
Stock Price History:
The Beta on a monthly basis for LZ is 1.14, which has changed by -0.12571979 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. 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 13.98%, while the 200-Day Moving Average is calculated to be 16.28%.
Shares Statistics:
According to the various share statistics, LZ traded on average about 1.36M shares per day over the past 3-months and 1907080 shares per day over the past 10 days. A total of 173.17M shares are outstanding, with a floating share count of 114.20M. Insiders hold about 33.92% of the company’s shares, while institutions hold 53.12% stake in the company. Shares short for LZ as of 1736899200 were 3434284 with a Short Ratio of 2.52, compared to 1734048000 on 3562001. Therefore, it implies a Short% of Shares Outstanding of 3434284 and a Short% of Float of 2.76.
