In the past week, LZ stock has gone down by -1.34%, with a monthly gain of 0.76% and a quarterly plunge of -21.40%. The volatility ratio for the week is 2.33%, and the volatility levels for the last 30 days are 2.94% for LegalZoom.com Inc. The simple moving average for the last 20 days is 0.43% for LZ stock, with a simple moving average of -31.10% for the last 200 days.
Is It Worth Investing in LegalZoom.com Inc. (NASDAQ: LZ) Right Now?
LegalZoom.com Inc. (NASDAQ: LZ) has a price-to-earnings ratio of 61.20x that is above its average ratio. Additionally, the 36-month beta value for LZ is 1.10. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 2 rating it as “sell.”
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The public float for LZ is 112.88M and currently, short sellers hold a 3.68% ratio of that float. The average trading volume of LZ on September 27, 2024 was 1.96M shares.
LZ) stock’s latest price update
The stock of LegalZoom.com Inc. (NASDAQ: LZ) has increased by 1.54 when compared to last closing price of 6.51. Despite this, the company has experienced a -1.34% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-26 that LZ Legal Services Expands Offerings as Customer Demand Increases Men Lead in Initiating Prenups Among LegalZoom Legal Services Customers MOUNTAIN VIEW, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) — As couples look toward the Fall and Spring wedding seasons, LegalZoom, one of the nation’s leading online legal technology companies, is encouraging couples to consider prenuptial agreements as part of their wedding preparations.
Analysts’ Opinion of LZ
Jefferies, on the other hand, stated in their research note that they expect to see LZ reach a price target of $8. The rating they have provided for LZ stocks is “Buy” according to the report published on July 31st, 2024.
JP Morgan gave a rating of “Neutral” to LZ, setting the target price at $9 in the report published on July 10th of the current year.
LZ Trading at 3.29% 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 -51.89% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares surge +0.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.16% upper at present.
During the last 5 trading sessions, LZ fell by -1.34%, which changed the moving average for the period of 200-days by -38.80% in comparison to the 20-day moving average, which settled at $6.59. In addition, LegalZoom.com Inc. saw -41.50% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LZ starting from Wernikoff Daniel A, who proposed sale 226,190 shares at the price of $5.77 back on Aug 13 ’24. After this action, Wernikoff Daniel A now owns shares of LegalZoom.com Inc., valued at $1,306,051 using the latest closing price.
Miller Nicole, the CHIEF LEGAL OFFICER of LegalZoom.com Inc., sale 13,727 shares at $9.17 during a trade that took place back on May 17 ’24, which means that Miller Nicole is holding 338,956 shares at $125,877 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
- 0.62 for the gross margin
The net margin for LegalZoom.com Inc. stands at 0.03. The total capital return value is set at 0.36. Equity return is now at value 18.31, with 5.19 for asset returns.
Based on LegalZoom.com Inc. (LZ), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 14.12. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is 64.63.
Currently, EBITDA for the company is 52.96 million with net debt to EBITDA at -1.75. When we switch over and look at the enterprise to sales, we see a ratio of 1.55. The receivables turnover for the company is 28.53for trailing twelve months and the total asset turnover is 1.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In conclusion, LegalZoom.com Inc. (LZ) has seen bad 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’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
