In the past week, LZ stock has gone down by -3.45%, with a monthly decline of -5.26% and a quarterly surge of 18.87%. The volatility ratio for the week is 2.91%, and the volatility levels for the last 30 days are 3.37% for LegalZoom.com Inc The simple moving average for the past 20 days is -4.95% for LZ’s stock, with a -9.08% simple moving average for the past 200 days.
Is It Worth Investing in LegalZoom.com Inc (NASDAQ: LZ) Right Now?
The price-to-earnings ratio for LegalZoom.com Inc (NASDAQ: LZ) is 57.06x, which is above its average ratio. Moreover, the 36-month beta value for LZ is 1.10. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 1 as “sell.”
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The public float for LZ is 114.22M and currently, short sellers hold a 3.12% of that float. On January 03, 2025, LZ’s average trading volume was 1.15M shares.
LZ) stock’s latest price update
LegalZoom.com Inc (NASDAQ: LZ)’s stock price has plunge by 0.67relation to previous closing price of 7.51. Nevertheless, the company has seen a -3.45% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-02 that NEW YORK, Jan. 2, 2025 /PRNewswire/ — Purcell & Lefkowitz LLP announces that it is investigating LegalZoom.com, Inc. (NASDAQ: LZ) on behalf of the company’s shareholders. The investigation seeks to determine whether LegalZoom.com’s directors breached their fiduciary duties in connection with recent corporate actions.
Analysts’ Opinion of LZ
Many brokerage firms have already submitted their reports for LZ stocks, with UBS repeating the rating for LZ by listing it as a “Neutral.” The predicted price for LZ in the upcoming period, according to UBS is $9 based on the research report published on December 06, 2024 of the previous year 2024.
JP Morgan, 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 “Underweight” according to the report published on November 08th, 2024.
LZ Trading at -3.13% 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 -44.98% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares sank -5.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.41% upper at present.
During the last 5 trading sessions, LZ fell by -3.45%, which changed the moving average for the period of 200-days by -41.89% in comparison to the 20-day moving average, which settled at $7.95. In addition, LegalZoom.com Inc saw 0.67% 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 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:
- 0.05 for the present operating margin
- 0.63 for the gross margin
The net margin for LegalZoom.com Inc stands at 0.04. The total capital return value is set at 0.44. Equity return is now at value 23.61, with 6.32 for asset returns.
Currently, EBITDA for the company is 60.06 million with net debt to EBITDA at -1.4. When we switch over and look at the enterprise to sales, we see a ratio of 1.77. The receivables turnover for the company is 58.94for trailing twelve months and the total asset turnover is 1.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.60.
Conclusion
To wrap up, the performance of LegalZoom.com Inc (LZ) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.