NASDAQ:LZ

LegalZoom.com (LZ) Stock Forecast, Price & News

$10.65

+0.07 (+0.66%)

(As of 09/27/2023 ET)

Compare

Today's Range: $10.42
▼
$10.80
50-Day Range: $9.93
▼
$15.51
52-Week Range: $6.89
▼
$15.68

Volume: 912,209 shs
Average Volume: 1.08 million shs
Market Capitalization: $2.04 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.86

LegalZoom.com MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 39.5% Upside
$14.86 Price Target
Short Interest: Healthy
5.30% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$198.82 M Sold Last Quarter
Proj. Earnings Growth: 83.33%
From $0.12 to $0.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.88 out of 5 stars

Industrial Products Sector

19th out of 178 stocks

Data Processing & Preparation Industry

4th out of 59 stocks

4.3

Analyst's Opinion

Consensus Rating
LegalZoom.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 5 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $14.86, LegalZoom.com has a forecasted upside of 39.5% from its current price of $10.65.
Amount of Analyst Coverage
LegalZoom.com has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
5.30% of the float of LegalZoom.com has been sold short.
Short Interest Ratio / Days to Cover
LegalZoom.com has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in LegalZoom.com has recently decreased by 9.69%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
LegalZoom.com does not currently pay a dividend.
Dividend Growth
LegalZoom.com does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LZ.

2.2

News and Social Media Coverage

News Sentiment
LegalZoom.com has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for LegalZoom.com this week, compared to 3 articles on an average week.
MarketBeat Follows
Only 1 people have added LegalZoom.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LegalZoom.com insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $198,819,110.00 in company stock.
Percentage Held by Insiders
44.60% of the stock of LegalZoom.com is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
68.04% of the stock of LegalZoom.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for LegalZoom.com are expected to grow by 83.33% in the coming year, from $0.12 to $0.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LegalZoom.com is -266.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of LegalZoom.com is -266.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
LegalZoom.com has a P/B Ratio of 14.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About LegalZoom.com (NASDAQ:LZ) Stock

LegalZoom.com, Inc. operates an online platform for legal and compliance solutions in the United States. The company's platform offers products and services, including business formations, creating estate planning documents, protecting intellectual property, completing certain forms and agreements, providing access to independent attorney advice, and connecting customers with experts for tax preparation and bookkeeping services. It serves small businesses and individuals. LegalZoom.com, Inc. was incorporated in 1999 and is headquartered in Glendale, California.

LZ Price History

30 days | 90 days | 365 days | Advanced Chart

LZ Stock News Headlines

September 14, 2023 | finance.yahoo.com

Director Dipan Patel Sells Over 20 Million Shares of LegalZoom.com Inc

September 14, 2023 | finance.yahoo.com

Director Llc Lucaszoom Sells 20,818,755 Shares of LegalZoom.com Inc (LZ)

September 28, 2023 | Altimetry (Ad)

Advisor to FBI: Sell META now

Stocks just keep going up. But all isn’t what it seems, according to an FBI and Pentagon advisor. Find out what he knows, here.

September 8, 2023 | finance.yahoo.com

Why LegalZoom Stock Dove by Nearly 11% This Week

September 7, 2023 | theglobeandmail.com

Why LegalZoom (LZ) Shares Are Falling Today

September 7, 2023 | marketwatch.com

LegalZoom Shares Drop 12% After Secondary Offering Prices

September 7, 2023 | seekingalpha.com

LegalZoom down 10%, prices 14M shares secondary offering

September 7, 2023 | msn.com

LegalZoom Reveals Pricing Of Stockholder Equity Offering At 10% Discount

September 28, 2023 | Altimetry (Ad)

Advisor to FBI: Sell META now

Stocks just keep going up. But all isn’t what it seems, according to an FBI and Pentagon advisor. Find out what he knows, here.

September 7, 2023 | finance.yahoo.com

LegalZoom Announces Pricing of Upsized Secondary Offering of Shares of Common Stock

September 6, 2023 | finance.yahoo.com

LegalZoom Announces Secondary Offering of Shares of Common Stock and Concurrent Stock Repurchase

September 6, 2023 | msn.com

Should You Get a Trust to Protect Your Home?

August 21, 2023 | msn.com

LegalZoom: Q2 2023 Results Showcased The Strength Of LZ Freemium Model

August 20, 2023 | msn.com

How To Navigate The LegalZoom Price Yo-Yo

August 14, 2023 | markets.businessinsider.com

LegalZoom (LZ) Receives a Buy from William Blair

August 14, 2023 | markets.businessinsider.com

JMP Securities Sticks to Their Buy Rating for LegalZoom (LZ)

August 9, 2023 | finanznachrichten.de

LegalZoom.com, Inc.: LegalZoom Reports Second Quarter 2023 Financial Results

August 9, 2023 | finance.yahoo.com

Why Shares of LegalZoom Tumbled Today

August 9, 2023 | markets.businessinsider.com

LegalZoom (LZ) Receives a Rating Update from a Top Analyst

August 9, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About LegalZoom (LZ) Q2 Earnings

August 8, 2023 | theglobeandmail.com

LegalZoom (NASDAQ:LZ) Posts Better-Than-Expected Sales In Q2

August 8, 2023 | msn.com

LegalZoom.com Non-GAAP EPS of $0.10 in-line, revenue of $168.9M beats by $1.89M

August 8, 2023 | finance.yahoo.com

LegalZoom (LZ) Matches Q2 Earnings Estimates

August 8, 2023 | finance.yahoo.com

LegalZoom Reports Second Quarter 2023 Financial Results

August 7, 2023 | theglobeandmail.com

LegalZoom (LZ) To Report Earnings Tomorrow: Here Is What To Expect

August 3, 2023 | finance.yahoo.com

LegalZoom Launches ‘LZ Books’ for Small Business Owners Seeking a Simple Accounting Solution, Built to Make Tax Time Easy

July 27, 2023 | finance.yahoo.com

LegalZoom.com, Inc.'s (NASDAQ:LZ) high institutional ownership speaks for itself as stock continues to impress, up 5.6% over last week

See More Headlines

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LZ Company Calendar

Last Earnings: 8/08/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:LZ
CUSIP: N/A
CIK: 1286139
Web: www.legalzoom.com
Phone: 323-962-8600
Fax: N/A
Employees: 1,383
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $14.86
High Stock Price Forecast: $17.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +39.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 88.75
P/E Growth: N/A
Net Income: $-48,730,000.00
Net Margins: -1.47%
Pretax Margin: 0.22%
Return on Equity: 0.80%
Return on Assets: 0.29%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.08
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $619.98 million
Price / Sales: 3.29
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.74 per share
Price / Book: 14.39

Miscellaneous

Outstanding Shares: 191,790,000
Free Float: 106,252,000
Market Cap: $2.04 billion
Optionable: Not Optionable
Beta: 1.06

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Key Executives

Mr. Daniel A. Wernikoff (Age 51)
CEO & Director
Comp: $872.2k

Mr. Noel B. Watson (Age 47)
Chief Financial Officer
Comp: $692.6k

Mr. Richard Preece (Age 47)
Chief Operating Officer
Comp: $581.82k

Mr. Shrisha Radhakrishna (Age 45)
Chief Product Officer & CTO
Comp: $667.8k

Ms. Nicole Miller (Age 39)
Exec. VP, Gen. Counsel & Sec.
Comp: $545.23k

Danny Vivier
Head of Investor Relations

Daniel Lysaught
Chief Marketing Officer

Ms. Sheily Chhabria Panchal (Age 39)
Chief People Officer

Ms. Kathy Tsitovich (Age 49)
Chief Partnership Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LZ Stock - Frequently Asked Questions

Should I buy or sell LegalZoom.com stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LegalZoom.com in the last twelve months. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LZ shares.
View LZ analyst ratings or view top-rated stocks.
What is LegalZoom.com's stock price forecast for 2023?: 7 equities research analysts have issued 12-month price targets for LegalZoom.com's shares. Their LZ share price forecasts range from $9.00 to $17.00. On average, they anticipate the company's stock price to reach $14.86 in the next year. This suggests a possible upside of 39.5% from the stock's current price.
View analysts price targets for LZ or view top-rated stocks among Wall Street analysts.
How have LZ shares performed in 2023?: LegalZoom.com's stock was trading at $7.74 at the beginning of the year. Since then, LZ shares have increased by 37.6% and is now trading at $10.65.
View the best growth stocks for 2023 here.
When is LegalZoom.com's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our LZ earnings forecast.
How were LegalZoom.com's earnings last quarter?: LegalZoom.com, Inc. (NASDAQ:LZ) posted its earnings results on Tuesday, August, 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.01. The company earned $168.85 million during the quarter, compared to the consensus estimate of $167.04 million. LegalZoom.com had a positive trailing twelve-month return on equity of 0.80% and a negative net margin of 1.47%.
What ETF holds LegalZoom.com's stock ?: BlackRock Future Tech ETF holds 7,533 shares of LZ stock, representing 0.83% of its portfolio.
What guidance has LegalZoom.com issued on next quarter's earnings?: LegalZoom.com issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $159.00 million-$161.00 million, compared to the consensus revenue estimate of $159.61 million.

When did LegalZoom.com IPO?: (LZ) raised $488 million in an IPO on Wednesday, June 30th 2021. The company issued 19,121,000 shares at $24.00-$27.00 per share.
What is LegalZoom.com's stock symbol?: LegalZoom.com trades on the NASDAQ under the ticker symbol "LZ."
Who are LegalZoom.com's major shareholders?: LegalZoom.com's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (4.88%), KPCB DGF Associates LLC (2.78%), Hawk Ridge Capital Management LP (1.98%), Institutional Venture Management XIII LLC (1.68%), Franklin Resources Inc. (1.59%) and Coastal Bridge Advisors LLC (1.19%). Insiders that own company stock include Daniel A Wernikoff, Dipan Patel, Nicole Miller, Noel Bertram Watson, Richard Preece and Shrisha Radhakrishna.
View institutional ownership trends.
How do I buy shares of LegalZoom.com?: Shares of LZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is LegalZoom.com's stock price today?: One share of LZ stock can currently be purchased for approximately $10.65.
How much money does LegalZoom.com make?: LegalZoom.com (NASDAQ:LZ) has a market capitalization of $2.04 billion and generates $619.98 million in revenue each year. The company earns $-48,730,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.
How many employees does LegalZoom.com have?: The company employs 1,383 workers across the globe.
How can I contact LegalZoom.com?: LegalZoom.com's mailing address is 101 N. BRAND BLVD. SUITE 1100, GLENDALE CA, 91203. The official website for the company is www.legalzoom.com. The company can be reached via phone at 323-962-8600 or via email at investor@legalzoom.com.

This page (NASDAQ:LZ) was last updated on 9/28/2023 by MarketBeat.com Staff

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