In the last trading session, 1.96 million shares of the LegalZoom.com Inc (NASDAQ:LZ) were traded, and its beta was 1.23. Most recently the company’s share price was $9.44, and it changed around $0.16 or 1.72% from the last close, which brings the market valuation of the company to $1.71B. LZ currently trades at a discount to its 52-week high of $10.60, offering almost -12.29% off that amount. The share price’s 52-week low was $5.33, which indicates that the current value has risen by an impressive 43.54% since then. We note from LegalZoom.com Inc’s average daily trading volume that its 10-day average is 1.87 million shares, with the 3-month average coming to 2.39 million.
LegalZoom.com Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.90. If we narrow it down even further, the data shows that 1 out of 10 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 6 recommended LZ as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight.
LegalZoom.com Inc (NASDAQ:LZ) trade information
Instantly LZ has showed a green trend with a performance of 1.72% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 9.73 on recent trading dayincreased the stock’s daily price by 2.98%. The company’s shares are currently up 25.70% year-to-date, but still down -0.21% over the last five days. On the other hand, LegalZoom.com Inc (NASDAQ:LZ) is 32.77% up in the 30-day period. We can see from the shorts that 7.45 million shares have been sold at a short interest cover period of 3.66 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to decrease their stock price by -18.0% from its current value. Analyst projections state that LZ is forecast to be at a low of $7 and a high of $9.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 42.58%. LegalZoom.com Inc earnings are expected to increase by 14.23% in 2025, but the outlook is positive 12.04% per year for the next five years.
LZ Dividends
LegalZoom.com Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
LegalZoom.com Inc (NASDAQ:LZ)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.57% of LegalZoom.com Inc shares, and 86.25% of them are in the hands of institutional investors. The stock currently has a share float of 90.38%. LegalZoom.com Inc stock is held by 304.0 institutions, with FRANCISCO PARTNERS MANAGEMENT, LP being the largest institutional investor. By 2024-06-30, it held 15.5358% of the shares, which is about 28.63 million shares worth $240.17 million.
VANGUARD GROUP INC, with 9.9283% or 18.29 million shares worth $153.48 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 4.98 shares worth $47.04 million, making up 2.75% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 3.96 shares worth around $37.39 million, which represents about 2.19% of the total shares outstanding.
