Market Recap Check: LegalZoom.com Inc. (LZ)’s Negative Finish at 8.41, Up/Down -0.71

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The price of LegalZoom.com Inc. (NASDAQ: LZ) closed at $8.41 in the last session, down -0.71% from day before closing price of $8.47. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 1.55 million shares were traded. LZ stock price reached its highest trading level at $8.51 during the session, while it also had its lowest trading level at $8.27.

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 6.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.55. 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:

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 May 17 ’24 when Miller Nicole sold 13,727 shares for $9.17 per share. The transaction valued at 125,877 led to the insider holds 338,956 shares of the business.

Watson Noel Bertram sold 25,000 shares of LZ for $236,000 on May 16 ’24. The Chief Financial Officer now owns 748,912 shares after completing the transaction at $9.44 per share. On Mar 15 ’24, another insider, Preece Richard, who serves as the Chief Operating Officer of the company, sold 9,462 shares for $13.17 each. As a result, the insider received 124,615 and left with 498,519 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 1582728320 and an Enterprise Value of 1363073920. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.80, and their Forward P/E ratio for the next fiscal year is 13.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 9.46. Its current Enterprise Value per Revenue stands at 2.037 whereas that against EBITDA is 33.808.

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 $8.20. The 50-Day Moving Average of the stock is -23.66%, while the 200-Day Moving Average is calculated to be -24.01%.

Shares Statistics:

According to the various share statistics, LZ traded on average about 1.65M shares per day over the past 3-months and 1844300 shares per day over the past 10 days. A total of 188.54M shares are outstanding, with a floating share count of 122.77M. Insiders hold about 34.77% of the company’s shares, while institutions hold 58.53% stake in the company. Shares short for LZ as of 1715731200 were 4437228 with a Short Ratio of 2.69, compared to 1713139200 on 4730451. Therefore, it implies a Short% of Shares Outstanding of 4437228 and a Short% of Float of 3.18.

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