LegalZoom.com (NASDAQ:LZ - Get Free Report) is expected to be releasing its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect LegalZoom.com to post earnings of $0.13 per share and revenue of $176.17 million for the quarter.
LegalZoom.com Stock Performance
Shares of LegalZoom.com stock traded down $0.05 on Monday, reaching $7.34. 286,008 shares of the stock were exchanged, compared to its average volume of 1,830,876. The firm's 50 day moving average is $8.38 and its 200-day moving average is $8.21. The firm has a market cap of $1.29 billion, a PE ratio of 56.43, a P/E/G ratio of 1.73 and a beta of 1.13. LegalZoom.com has a one year low of $5.33 and a one year high of $12.21.
Institutional Investors Weigh In On LegalZoom.com
A hedge fund recently bought a new stake in LegalZoom.com stock. Brighton Jones LLC purchased a new position in shares of LegalZoom.com, Inc. (NASDAQ:LZ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 24,603 shares of the company's stock, valued at approximately $185,000. 81.99% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. JMP Securities reaffirmed a "market perform" rating on shares of LegalZoom.com in a report on Friday, April 11th. Morgan Stanley reduced their price objective on LegalZoom.com from $10.00 to $7.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 16th. William Blair reissued a "market perform" rating on shares of LegalZoom.com in a research note on Thursday, February 27th. JPMorgan Chase & Co. raised their price target on shares of LegalZoom.com from $9.00 to $11.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Finally, Barclays upped their price target on shares of LegalZoom.com from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Thursday, February 27th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $9.06.
Read Our Latest Report on LegalZoom.com
About LegalZoom.com
(
Get Free Report)
LegalZoom.com, Inc, together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States. The company's platform offers business formation products, such as limited liability company, incorporation of C and S corporations, nonprofit formations, doing-business-as, corporate changes and filings, business licenses, legal forms, and beneficial ownership information reports; intellectual property products consisting of trademark and patent applications, and copyright registrations; and tax services, including business and personal tax preparations.
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