At the time of writing, LegalZoom.com Inc. [LZ] stock is trading at $13.38, down -0.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The LZ shares have gain 3.16% over the last week, with a monthly amount glided 5.85%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MoffettNathanson upgraded its rating to a Market Perform but $12 remained the price target by the analyst firm on May 10, 2023. JMP Securities upgraded its rating to Mkt Outperform for this stock on April 18, 2023, but kept the price target unchanged to $14. In a note dated September 22, 2022, MoffettNathanson initiated an Underperform rating and provided a target price of $11 on this stock.
For the past year, the stock price of LegalZoom.com Inc. fluctuated between $6.89 and $15.68. Currently, Wall Street analysts expect the stock to reach $14.33 within the next 12 months. LegalZoom.com Inc. [NASDAQ: LZ] shares were valued at $13.38 at the most recent close of the market. An investor can expect a potential return of 7.1% based on the average LZ price forecast.
Analyzing the LZ fundamentals
According to LegalZoom.com Inc. [NASDAQ:LZ], the company’s sales were 660.73M for trailing twelve months, which represents an 8.21% jump. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.11 points at the first support level, and at 12.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.60, and for the 2nd resistance point, it is at 13.83.
Ratios To Look Out For
It is important to note that LegalZoom.com Inc. [NASDAQ:LZ] has a current ratio of 1.04. On the other hand, the Quick Ratio is 1.04, and the Cash Ratio is 0.86. Considering the valuation of this stock, the price to sales ratio is 3.81, the price to book ratio is 14.94 and price to earnings (TTM) ratio is 187.66.
Transactions by insiders
Recent insider trading involved Preece Richard, Chief Operating Officer, that happened on Mar 15 ’24 when 9462.0 shares were sold. Director, Murphy John Francis completed a deal on Mar 01 ’24 to sell 10000.0 shares. Meanwhile, EVP and General Counsel Miller Nicole sold 24557.0 shares on Feb 22 ’24.
