Stock Surge: LegalZoom.com Inc (LZ) Closes at 7.54, Marking a -2.46 Increase/Decrease

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In the latest session, LegalZoom.com Inc (NASDAQ: LZ) closed at $7.54 down -2.46% from its previous closing price of $7.73. In other words, the price has decreased by -$2.46 from its previous closing price. On the day, 1.29 million shares were traded. LZ stock price reached its highest trading level at $7.63 during the session, while it also had its lowest trading level at $7.44.

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 11.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.67. 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.

Jefferies Upgraded its Hold to Buy on July 31, 2024, while the target price for the stock was maintained at $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 1303077888 and an Enterprise Value of 1198649472. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.91, and their Forward P/E ratio for the next fiscal year is 13.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 21.71. Its current Enterprise Value per Revenue stands at 1.766 whereas that against EBITDA is 22.186.

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 6.99%, while the 200-Day Moving Average is calculated to be -15.01%.

Shares Statistics:

For the past three months, LZ has traded an average of 1.16M shares per day and 1667840 over the past ten days. A total of 188.54M shares are outstanding, with a floating share count of 111.12M. Insiders hold about 35.70% of the company’s shares, while institutions hold 53.03% stake in the company. Shares short for LZ as of 1730332800 were 2741487 with a Short Ratio of 2.37, compared to 1727654400 on 3436530. Therefore, it implies a Short% of Shares Outstanding of 2741487 and a Short% of Float of 2.1999999999999997.

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