At the time of writing, LegalZoom.com Inc. [LZ] stock is trading at $6.61, up 4.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LZ shares have gain 12.12% over the last week, with a monthly amount drifted -1.42%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
LegalZoom.com Inc. [NASDAQ: LZ] stock has seen the most recent analyst activity on July 31, 2024, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $8 for it. Previously, JP Morgan downgraded its rating to Neutral on July 10, 2024, and dropped its price target to $9. On July 10, 2024, downgrade downgraded it’s rating to Mkt Perform. Citigroup downgraded its rating to a Neutral and decreased its price target to $8 on July 10, 2024. BofA Securities downgraded its rating to a Underperform and reduced its price target to $6 on July 10, 2024. Barclays downgraded its rating to Equal Weight for this stock on July 10, 2024.
For the past year, the stock price of LegalZoom.com Inc. fluctuated between $5.33 and $13.74. Currently, Wall Street analysts expect the stock to reach $12.75 within the next 12 months. LegalZoom.com Inc. [NASDAQ: LZ] shares were valued at $6.61 at the most recent close of the market. An investor can expect a potential return of 92.89% based on the average LZ price forecast.
Analyzing the LZ fundamentals
According to LegalZoom.com Inc. [NASDAQ:LZ], the company’s sales were 677.51M for trailing twelve months, which represents an 5.04% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.15 and Total Capital is 0.36. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
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 6.46 points at the first support level, and at 6.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.70, and for the 2nd resistance point, it is at 6.79.
Ratios To Look Out For
It is important to note that LegalZoom.com Inc. [NASDAQ:LZ] has a current ratio of 0.62. Also, the Quick Ratio is 0.62, while the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 19.17 and price to earnings (TTM) ratio is 61.25.
Transactions by insiders
Recent insider trading involved Wernikoff Daniel A, Former CEO, that happened on Aug 13 ’24 when 0.23 million shares were purchased. CHIEF LEGAL OFFICER, Miller Nicole completed a deal on May 17 ’24 to sell 13727.0 shares. Meanwhile, Chief Financial Officer Watson Noel Bertram sold 25000.0 shares on May 16 ’24.
