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LegalZoom (LZ)
NASDAQ:LZ
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LZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.33 - $13.74
Previous Close$7.25
Volume1.11M
Average Volume (3M)1.25M
Market Cap
$1.27B
Enterprise Value$1.16B
Total Cash (Recent Filing)$118.80M
Total Debt (Recent Filing)$7.88M
Price to Earnings (P/E)67.1
Beta1.13
Next Earnings
Nov 06, 2024EPS Estimate
$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.11
Shares Outstanding175,611,948
10 Day Avg. Volume799,444
30 Day Avg. Volume1,252,551
Standard Deviation0.13
R-Squared0.15
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)20.71
Price to Sales (P/S)1.88
Price to Cash Flow (P/CF)11.70
P/FCF Ratio18.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.72
Enterprise Value/Gross Profit2.76
Enterprise Value/Ebitda15.69
Forecast
1Y Price Target
$6.75Price Target Upside-5.59% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering6
LegalZoom News
PremiumCompany Announcements
LegalZoom CTO Steps Down, Company Seeks Replacement
PremiumCompany Announcements
LegalZoom Bolsters Leadership, CFO Watson Assumes COO Role
PremiumCompany Announcements
LegalZoom Announces Major Restructuring and Workforce ReductionBulls Say, Bears Say
Bulls Say
Business StrategyLegalZoom is expected to reap the benefits of its investments in its technology stack and creating an integrated ecosystem for entrepreneurs comprising recently launched products.
Financial PerformanceLegalZoom reported 2Q24 results, whereby revenue came in 2% above consensus and EBITDA was $1.9M above the high end of guidance.
Market PositioningWith roughly twice the brand awareness and web traffic of its competitors, LegalZoom is the clear category leader in small-business legal services.
Bears Say
Business FormationsLegalZoom saw a soft macro environment in the quarter, with business formations down 17% Y/Y and LLC formations down 12% Y/Y.
Revenue GuidanceRevenue was lowered to $675-685M (3% growth at mid-point) from $700-720M (7% mid-point).
Website TrafficTraffic to LegalZoom's website in September decreased 7% year-over-year, which is worse than previous months.
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Ownership Overview
9.64% Insiders
17.24% Mutual Funds
0.91% Other Institutional Investors
61.55% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LZ FAQ
What was LegalZoom’s price range in the past 12 months?
LegalZoom lowest stock price was $5.33 and its highest was $13.74 in the past 12 months.
What is LegalZoom’s market cap?
Currently, no data Available
When is LegalZoom’s upcoming earnings report date?
LegalZoom’s upcoming earnings report date is Nov 06, 2024 which is tomorrow.
How were LegalZoom’s earnings last quarter?
LegalZoom released its earnings results on Aug 07, 2024. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.094 by $0.006.
Is LegalZoom overvalued?
According to Wall Street analysts LegalZoom’s price is currently Overvalued.
Does LegalZoom pay dividends?
LegalZoom does not currently pay dividends.
What is LegalZoom’s EPS estimate?
LegalZoom’s EPS estimate is $0.15.
How many shares outstanding does LegalZoom have?
LegalZoom has 175,611,950 shares outstanding.
What happened to LegalZoom’s price movement after its last earnings report?
LegalZoom reported an EPS of $0.1 in its last earnings report, beating expectations of $0.094. Following the earnings report the stock price went down -1.518%.
Which hedge fund is a major shareholder of LegalZoom?
Among the largest hedge funds holding LegalZoom’s share is Graham Capital Management, L.P.. It holds LegalZoom’s shares valued at 304K.
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LegalZoom Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$6.75 (-5.59% Downside)
$6.75 (-5.59% Downside)
Blogger Sentiment
Bullish
LZ Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 217.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.39%
12-Months-Change
Fundamentals
Return on Equity
18.31%
Trailing 12-Months
Asset Growth
-19.86%
Trailing 12-Months
Company Description
LegalZoom
LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States.
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LZ Company Deck
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LZ Earnings Call
Q2 2024
0:00 / 0:00
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LZ Stock 12 Month Forecast
Average Price Target
$6.75
▼(-5.59% Downside)
Technical Analysis
Best Analysts Covering LZ
1 Year
1 Year Success Rate
3/10 ratings generated profit
1 Year Average Return
-2.72%
reiterated a sell rating 3 months ago
Copying Elizabeth Porter's trades and holding each position for 1 Year would result in 30.00% of your transactions generating a profit, with an average return of -2.72% per trade.
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