LegalZoom.com Inc [NASDAQ: LZ] jumped around 1.71 points on Thursday, while shares priced at $8.96 at the close of the session, up 23.59%.
Compared to the average trading volume of 2.29M shares, LZ reached a trading volume of 5908638 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about LegalZoom.com Inc [LZ]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LZ shares is $9.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LZ stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for LegalZoom.com Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 13, 2025. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on December 06, 2024, representing the official price target for LegalZoom.com Inc stock. Previously, the target price had yet another raise to $8, while JP Morgan analysts kept a Underweight rating on LZ stock.
The Average True Range (ATR) for LegalZoom.com Inc is set at 0.45, with the Price to Sales ratio for LZ stock in the period of the last 12 months amounting to 2.35. The Price to Book ratio for the last quarter was 8.67, with the Price to Cash per share for the same quarter was set at 1.16. Price to Free Cash Flow for LZ in the course of the last twelve months was 13.93 with Quick ratio for the last quarter at 0.71.
How has LZ stock performed recently?
LegalZoom.com Inc [LZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.57. With this latest performance, LZ shares gained by 22.57% in over the last four-week period, additionally plugging by 25.31% over the last 6 months – not to mention a drop of -25.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LZ stock in for the last two-week period is set at 69.90, with the RSI for the last a single of trading hit 81.00, and the three-weeks RSI is set at 62.57 for LegalZoom.com Inc [LZ]. The present Moving Average for the last 50 days of trading for this stock 8.37, while it was recorded at 7.64 for the last single week of trading, and 7.67 for the last 200 days.
LegalZoom.com Inc [LZ]: Deeper insight into the fundamentals
LegalZoom.com Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.71 and a Current Ratio set at 0.77.
Earnings analysis for LegalZoom.com Inc [LZ]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for LegalZoom.com Inc go to 11.88%.
Insider trade positions for LegalZoom.com Inc [LZ]
The top three institutional holders of LZ stocks are: FRANCISCO PARTNERS MANAGEMENT, LP with ownership of 28.63 million shares, which is approximately 15.5358%. VANGUARD GROUP INC, holding 18.29 million shares of the stock with an approximate value of $$153.48 million in LZ stocks shares; and VANGUARD GROUP INC, currently with $$137.57 million in LZ stock with ownership which is approximately 8.8986%.
