LegalZoom.com Inc. (LZ) vs. Its Peers: A Comparison

LegalZoom.com Inc. (NASDAQ: LZ) has a price-to-earnings ratio of 183.45x that is above its average ratio. Additionally, the 36-month beta value for LZ is 1.23. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for LZ is 122.66M and currently, short sellers hold a 3.31% ratio of that float. The average trading volume of LZ on April 04, 2024 was 1.26M shares.

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LZ) stock’s latest price update

LegalZoom.com Inc. (NASDAQ: LZ)’s stock price has dropped by -2.24 in relation to previous closing price of 13.38. Nevertheless, the company has seen a gain of 0.54% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-22 that LegalZoom.com, Inc. (LZ) Q4 2023 Earnings Call Transcript

LZ’s Market Performance

LZ’s stock has risen by 0.54% in the past week, with a monthly rise of 0.93% and a quarterly rise of 19.78%. The volatility ratio for the week is 2.56% while the volatility levels for the last 30 days are 2.39% for LegalZoom.com Inc. The simple moving average for the last 20 days is -1.37% for LZ’s stock, with a simple moving average of 12.69% for the last 200 days.

Analysts’ Opinion of LZ

JP Morgan, on the other hand, stated in their research note that they expect to see LZ reach a price target of $14. The rating they have provided for LZ stocks is “Overweight” according to the report published on February 07th, 2024.

BofA Securities gave a rating of “Buy” to LZ, setting the target price at $12.25 in the report published on October 16th of the previous year.

LZ Trading at 10.77% from the 50-Day Moving Average

After a stumble in the market that brought LZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.58% of loss for the given period.

Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares surge +2.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.02% upper at present.

During the last 5 trading sessions, LZ rose by +0.54%, which changed the moving average for the period of 200-days by +2.43% in comparison to the 20-day moving average, which settled at $13.28. In addition, LegalZoom.com Inc. saw 15.75% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LZ starting from Preece Richard, who sale 9,462 shares at the price of $13.17 back on Mar 15 ’24. After this action, Preece Richard now owns 498,519 shares of LegalZoom.com Inc., valued at $124,615 using the latest closing price.

Murphy John Francis, the Director of LegalZoom.com Inc., sale 10,000 shares at $12.47 during a trade that took place back on Mar 01 ’24, which means that Murphy John Francis is holding 40,507 shares at $124,740 based on the most recent closing price.

Stock Fundamentals for LZ

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.63 for the gross margin

The net margin for LegalZoom.com Inc. stands at 0.02. The total capital return value is set at 0.12. Equity return is now at value 8.97, with 3.12 for asset returns.

Based on LegalZoom.com Inc. (LZ), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 13.74. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 6.25.

Currently, EBITDA for the company is 52.96 million with net debt to EBITDA at -4.09. When we switch over and look at the enterprise to sales, we see a ratio of 3.39. The receivables turnover for the company is 56.12for trailing twelve months and the total asset turnover is 1.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.

Conclusion

In conclusion, LegalZoom.com Inc. (LZ) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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