Currently, LegalZoom.com Inc [LZ] is trading at $8.99, down -1.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LZ shares have gain 6.64% over the last week, with a monthly amount glided 17.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
LegalZoom.com Inc [NASDAQ: LZ] stock has seen the most recent analyst activity on January 13, 2025, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $9 from $8. Previously, UBS started tracking the stock with Neutral rating on December 06, 2024, and set its price target to $9. On November 08, 2024, downgrade downgraded it’s rating to Underweight but maintained its price target of $8 on the stock. William Blair started tracking the stock assigning a Mkt Perform rating. Jefferies upgraded its rating to a Buy but $8 remained the price target by the analyst firm on July 31, 2024. JP Morgan downgraded its rating to Neutral for this stock on July 10, 2024, and downed its price target to $9. In a note dated July 10, 2024, JMP Securities downgraded an Mkt Perform rating on this stock.
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 $12.75 within the next 12 months. LegalZoom.com Inc [NASDAQ: LZ] shares were valued at $8.99 at the most recent close of the market. An investor can expect a potential return of 41.82% 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. 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 8.83 points at the first support level, and at 8.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.23, and for the 2nd resistance point, it is at 9.48.
Ratios To Look Out For
To put it in perspective, the Current Ratio for LegalZoom.com Inc [NASDAQ:LZ] is 0.60. As well, the Quick Ratio is 0.60, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 2.29, the price to book ratio is 25.89 and price to earnings (TTM) ratio is 67.85.
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.
