In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $7.31 in the prior trading day, LegalZoom.com Inc (NASDAQ: LZ) closed at $7.91, up 8.21%. In other words, the price has increased by $8.21 from its previous closing price. On the day, 3.15 million shares were traded. LZ stock price reached its highest trading level at $8.03 during the session, while it also had its lowest trading level at $7.15.
Ratios:
Our goal is to gain a better understanding of LZ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
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 1392871936 and an Enterprise Value of 1246361344. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.22, and their Forward P/E ratio for the next fiscal year is 11.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 14.73. Its current Enterprise Value per Revenue stands at 1.828 whereas that against EBITDA is 25.434.
Stock Price History:
The Beta on a monthly basis for LZ is 1.13, which has changed by -0.38966048 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, LZ has reached a high of $13.35, while it has fallen to a 52-week low of $5.33. The 50-Day Moving Average of the stock is -13.14%, while the 200-Day Moving Average is calculated to be 2.97%.
Shares Statistics:
The stock has traded on average 2.19M shares per day over the past 3-months and 2141810 shares per day over the last 10 days, according to various share statistics. A total of 173.62M shares are outstanding, with a floating share count of 114.30M. Insiders hold about 35.09% of the company’s shares, while institutions hold 54.88% stake in the company. Shares short for LZ as of 1741910400 were 5376554 with a Short Ratio of 2.45, compared to 1739491200 on 4008226. Therefore, it implies a Short% of Shares Outstanding of 5376554 and a Short% of Float of 4.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
