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In the latest session, LegalZoom.com Inc. (NASDAQ: LZ) closed at $6.33 down -0.47% from its previous closing price of $6.36. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 1.02 million shares were traded. LZ stock price reached its highest trading level at $6.43 during the session, while it also had its lowest trading level at $6.29.
Ratios:
For a deeper understanding of LegalZoom.com Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
On July 31, 2024, Jefferies Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $8.
JP Morgan Downgraded its Overweight to Neutral on July 10, 2024, whereas the target price for the stock was revised from $14 to $9.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1111623936 and an Enterprise Value of 1000713600. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.61, and their Forward P/E ratio for the next fiscal year is 11.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 18.35. Its current Enterprise Value per Revenue stands at 1.477 whereas that against EBITDA is 25.255.
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 -0.90%, while the 200-Day Moving Average is calculated to be -33.22%.
Shares Statistics:
For the past three months, LZ has traded an average of 1.91M shares per day and 1193090 over the past ten days. A total of 188.54M shares are outstanding, with a floating share count of 112.88M. Insiders hold about 35.72% of the company’s shares, while institutions hold 57.31% stake in the company. Shares short for LZ as of 1726185600 were 4158560 with a Short Ratio of 2.18, compared to 1723680000 on 4285932. Therefore, it implies a Short% of Shares Outstanding of 4158560 and a Short% of Float of 3.27.
