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The price of LegalZoom.com Inc. (NASDAQ: LZ) closed at $6.90 in the last session, up 2.99% from day before closing price of $6.70. In other words, the price has increased by $2.99 from its previous closing price. On the day, 1.98 million shares were traded. LZ stock price reached its highest trading level at $6.93 during the session, while it also had its lowest trading level at $6.67.
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 5.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.58. 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.
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 July 10, 2024, Downgraded its rating to Neutral and sets its target price to $9 from $14 previously.
Citigroup Downgraded its Buy to Neutral on July 10, 2024, whereas the target price for the stock was revised from $15 to $8.
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 1298552448 and an Enterprise Value of 1078898176. As of this moment, LegalZoom.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.83, and their Forward P/E ratio for the next fiscal year is 12.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 7.76. Its current Enterprise Value per Revenue stands at 1.613 whereas that against EBITDA is 26.76.
Stock Price History:
The Beta on a monthly basis for LZ is 1.08, which has changed by -0.53061223 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, LZ has reached a high of $15.68, while it has fallen to a 52-week low of $5.33. The 50-Day Moving Average of the stock is -15.49%, while the 200-Day Moving Average is calculated to be -34.94%.
Shares Statistics:
According to the various share statistics, LZ traded on average about 2.35M shares per day over the past 3-months and 4135840 shares per day over the past 10 days. A total of 188.54M shares are outstanding, with a floating share count of 125.34M. Insiders hold about 33.40% of the company’s shares, while institutions hold 58.42% stake in the company. Shares short for LZ as of 1719532800 were 4361856 with a Short Ratio of 1.86, compared to 1717113600 on 3700934. Therefore, it implies a Short% of Shares Outstanding of 4361856 and a Short% of Float of 3.1199999999999997.
