Set Your Sights On LegalZoom.com Inc (NASDAQ: LZ)’S Upside Potential

LegalZoom.com Inc (LZ) concluded trading on Thursday at a closing price of $9.16, with 4.21 million shares of worth about $38.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 36.92% during that period and on January 30, 2025 the price saw a gain of about 0.55%. Currently the company’s common shares owned by public are about 173.17M shares, out of which, 114.20M shares are available for trading.

Stock saw a price change of 7.01% in past 5 days and over the past one month there was a price change of 17.14%. Year-to-date (YTD), LZ shares are showing a performance of 21.97% which decreased to -16.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.33 but also hit the highest price of $13.74 during that period. The average intraday trading volume for LegalZoom.com Inc shares is 1.36 million. The stock is currently trading 11.74% above its 20-day simple moving average (SMA20), while that difference is up 13.98% for SMA50 and it goes to 16.28% higher than SMA200.

LegalZoom.com Inc (NASDAQ: LZ) currently have 173.17M outstanding shares and institutions hold larger chunk of about 53.12% of that.

The stock has a current market capitalization of $1.58B and its 3Y-monthly beta is at 1.14. PE ratio of stock for trailing 12 months is 69.13, while it has posted earnings per share of $0.13 in the same period. Its PEG reads 5.11 and has Quick Ratio of 0.60 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LZ, volatility over the week remained 4.57% while standing at 3.76% over the month.

Stock’s fiscal year EPS is expected to rise by 26.20% while it is estimated to increase by 8.89% in next year. EPS is likely to shrink at an annualized rate of 13.54% for next 5-years, compared to annual growth of 26.77% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on January 13, 2025 offering an Overweight rating for the stock and assigned a target price range of between $8 and $9 to it. Coverage by UBS stated LegalZoom.com Inc (LZ) stock as a Neutral in their note to investors on December 06, 2024, suggesting a price target of $9 for the stock. Stock get a Buy rating from Jefferies on July 31, 2024.

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