Currently, LegalZoom.com Inc [LZ] is trading at $8.11, down -0.73%. 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 1.88% over the last week, with a monthly amount drifted -4.48%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
LegalZoom.com Inc [NASDAQ: LZ] stock has seen the most recent analyst activity on December 06, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $9. Previously, JP Morgan downgraded its rating to Underweight on November 08, 2024, and kept the price target unchanged to $8. On September 16, 2024, William Blair initiated with a Mkt Perform rating. Jefferies upgraded its rating to a Buy but stick to its price target of $8 on July 31, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $9 on July 10, 2024. JMP Securities downgraded its rating to Mkt Perform for this stock on July 10, 2024. In a note dated July 10, 2024, Citigroup downgraded an Neutral rating on this stock and revised its target price from $15 to $8.
This stock has fluctuated between a low of $5.33 and a high of $13.74 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. LegalZoom.com Inc [NASDAQ: LZ] shares were valued at $8.11 at the most recent close of the market. An investor can expect a potential drop of -1.36% based on the average LZ price forecast.
Analyzing the LZ fundamentals
Trailing Twelve Months sales for LegalZoom.com Inc [NASDAQ:LZ] were 678.84M which represents 0.79% growth. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.21 and Total Capital is 0.44.
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 8.02 points at the first support level, and at 7.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.21, and for the 2nd resistance point, it is at 8.32.
Ratios To Look Out For
To put it in perspective, the Current Ratio for LegalZoom.com Inc [NASDAQ:LZ] is 0.60. Also, the Quick Ratio is 0.60, while the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 23.35 and price to earnings (TTM) ratio is 61.21.
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.
