For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, LegalZoom.com Inc (NASDAQ: LZ) closed at $7.51 down -1.70% from its previous closing price of $7.64. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 1.29 million shares were traded. LZ stock price reached its highest trading level at $7.7 during the session, while it also had its lowest trading level at $7.47.
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 11.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.32. 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 this company, UBS on December 06, 2024, initiated with a Neutral rating and assigned the stock a target price of $9.
On November 08, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $8.
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 1297893248 and an Enterprise Value of 1193464832. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.68, and their Forward P/E ratio for the next fiscal year is 13.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88 while its Price-to-Book (P/B) ratio in mrq is 21.63. Its current Enterprise Value per Revenue stands at 1.758 whereas that against EBITDA is 22.09.
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 -3.61%, while the 200-Day Moving Average is calculated to be -9.98%.
Shares Statistics:
For the past three months, LZ has traded an average of 1.14M shares per day and 1383210 over the past ten days. A total of 173.17M shares are outstanding, with a floating share count of 114.22M. Insiders hold about 33.91% of the company’s shares, while institutions hold 53.05% stake in the company. Shares short for LZ as of 1734048000 were 3562001 with a Short Ratio of 3.11, compared to 1731628800 on 2813024. Therefore, it implies a Short% of Shares Outstanding of 3562001 and a Short% of Float of 2.87.
