Legalzoom Stock Price on February 22, 2024

LZ Stock  USD 12.11  0.38  3.24%   
If you're considering investing in LegalZoom Stock, it is important to understand the factors that can impact its price. As of today, the current price of LegalZoom stands at 12.11, as last reported on the 23rd of April, with the highest price reaching 12.16 and the lowest price hitting 11.64 during the day. LegalZoom appears to be not too volatile, given 3 months investment horizon. LegalZoom has Sharpe Ratio of 0.0914, which conveys that the firm had a 0.0914% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for LegalZoom, which you can use to evaluate the volatility of the firm. Please exercise LegalZoom's Risk Adjusted Performance of 0.055, mean deviation of 1.77, and Downside Deviation of 2.14 to check out if our risk estimates are consistent with your expectations.
  
At this time, LegalZoom's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 1.2 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 128.5 K in 2024. . At this time, LegalZoom's Price Book Value Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 24.37 in 2024, whereas Price To Sales Ratio is likely to drop 3.09 in 2024. LegalZoom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0914

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Estimated Market Risk

 2.72
  actual daily
24
76% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average LegalZoom is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of LegalZoom by adding it to a well-diversified portfolio.
Price Book
14.1256
Enterprise Value Ebitda
36.0989
Price Sales
3.6095
Shares Float
128.7 M
Wall Street Target Price
13.92

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LegalZoom Valuation on February 22, 2024

It is possible to determine the worth of LegalZoom on a given historical date. On February 22, 2024 LegalZoom was worth 9.75 at the beginning of the trading date compared to the closed value of 9.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LegalZoom stock. Still, in general, we apply an absolute valuation method to find LegalZoom's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of LegalZoom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LegalZoom's related companies.
 Open High Low Close Volume
  9.93    10.01    9.50    9.76    3,486,005  
02/22/2024
  9.75    10.16    9.75    9.83    3,545,282  
  10.09    11.37    10.09    11.24    4,251,198  
Backtest LegalZoom  |  LegalZoom History  |  LegalZoom Valuation   PreviousNext  
Open Value
9.75
9.83
Closing Value
17.91
Upside

LegalZoom Trading Date Momentum on February 22, 2024

On February 23 2024 LegalZoom was traded for  11.24  at the closing time. The highest price during the trading period was 11.37  and the lowest recorded bid was listed for  10.09 . The volume for the day was 4.3 M. This history from February 23, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 14.34% . The trading delta at closing time to the current price is 28.69% .

LegalZoom Fundamentals Correlations and Trends

By evaluating LegalZoom's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LegalZoom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LegalZoom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About LegalZoom Stock history

LegalZoom investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for LegalZoom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LegalZoom will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing LegalZoom stock prices may prove useful in developing a viable investing in LegalZoom
Last ReportedProjected for Next Year
Common Stock Shares Outstanding194.4 M193.6 M
Net Loss-43.9 M-41.7 M

LegalZoom Stock Technical Analysis

LegalZoom technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of LegalZoom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LegalZoom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

LegalZoom Period Price Range

Low
February 22, 2024
0.08  0.82%
High

 9.75 

     

 9.83 

LegalZoom April 23, 2024 Market Strength

Market strength indicators help investors to evaluate how LegalZoom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LegalZoom shares will generate the highest return on investment. By undertsting and applying LegalZoom stock market strength indicators, traders can identify LegalZoom entry and exit signals to maximize returns

LegalZoom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for LegalZoom's price direction in advance. Along with the technical and fundamental analysis of LegalZoom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LegalZoom to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether LegalZoom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LegalZoom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legalzoom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legalzoom Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LegalZoom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.
Note that the LegalZoom information on this page should be used as a complementary analysis to other LegalZoom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for LegalZoom Stock analysis

When running LegalZoom's price analysis, check to measure LegalZoom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LegalZoom is operating at the current time. Most of LegalZoom's value examination focuses on studying past and present price action to predict the probability of LegalZoom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LegalZoom's price. Additionally, you may evaluate how the addition of LegalZoom to your portfolios can decrease your overall portfolio volatility.
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Is LegalZoom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LegalZoom. If investors know LegalZoom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LegalZoom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.327
Earnings Share
0.07
Revenue Per Share
3.469
Quarterly Revenue Growth
0.082
Return On Assets
0.0365
The market value of LegalZoom is measured differently than its book value, which is the value of LegalZoom that is recorded on the company's balance sheet. Investors also form their own opinion of LegalZoom's value that differs from its market value or its book value, called intrinsic value, which is LegalZoom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LegalZoom's market value can be influenced by many factors that don't directly affect LegalZoom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LegalZoom's value and its price as these two are different measures arrived at by different means. Investors typically determine if LegalZoom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LegalZoom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.