Legalzoom Stock Today

LZ Stock  USD 11.70  0.08  0.69%   

Performance

1 of 100

 
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Odds Of Distress

Less than 43

 
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LegalZoom is trading at 11.70 as of the 28th of February 2024; that is 0.69 percent increase since the beginning of the trading day. The stock's open price was 11.62. LegalZoom has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for LegalZoom are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of October 2023 and ending today, the 28th of February 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
30th of June 2021
Category
Industrials
LegalZoom.com, Inc. operates an online platform for legal and compliance solutions in the United States. LegalZoom.com, Inc. was incorporated in 1999 and is headquartered in Glendale, California. Legalzoom operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. The company has 188.54 M outstanding shares of which 3.91 M shares are now sold short in the market by investors with about 4.31 days to cover all shorted shares. More on LegalZoom

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LegalZoom Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. LegalZoom's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding LegalZoom or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaBusiness Services (View all Themes)
SEC FilingsLegalZoom Security & Exchange Commission EDGAR Reports
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, NASDAQ Composite, Business Services, Industrials, Commercial Services & Supplies, Specialty Business Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering LegalZoom report their recommendations after researching LegalZoom's financial statements, talking to executives and customers, or listening in on LegalZoom's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering LegalZoom. The LegalZoom consensus assessment is calculated by taking the average forecast from all of the analysts covering LegalZoom.
Financial Strength
Based on the analysis of LegalZoom's profitability, liquidity, and operating efficiency, LegalZoom is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. Financial strength of LegalZoom is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted207.3 M225.2 M
Significantly Down
Slightly volatile
Weighted Shares206.2 M225.2 M
Significantly Down
Slightly volatile
Return on Assets(0.11)(0.1)
Significantly Down
Slightly volatile
Net Cash Flow from Operations84.3 M84.9 M
Slightly Down
Slightly volatile
Current Liabilities272 M286.6 M
Notably Down
Slightly volatile
Total Liabilities326.1 M236.7 M
Significantly Up
Slightly volatile
Gross Margin0.590.59
Steady
Slightly volatile
Total Debt10.4 M10.1 M
Fairly Up
Slightly volatile
Asset Turnover1.421.32
Significantly Up
Slightly volatile
Current Assets249.2 M277.9 M
Moderately Down
Slightly volatile
Total Assets431.9 M466.2 M
Significantly Down
Slightly volatile
LegalZoom's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to LegalZoom's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand LegalZoom's financial leverage. It provides some insight into what part of LegalZoom's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on LegalZoom's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how LegalZoom deploys its capital and how much of that capital is borrowed.
Liquidity
LegalZoom cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 11.28 M of total liabilities with total debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from financial leverage. LegalZoom has a current ratio of 1.01, indicating that it may not be capable to disburse its debt commitments in time. Debt can assist LegalZoom until it has trouble settling it off, either with new capital or with free cash flow. So, LegalZoom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LegalZoom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LegalZoom to invest in growth at high rates of return. When we think about LegalZoom's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

84.31 Million
LegalZoom (LZ) is traded on NASDAQ Exchange in USA. It is located in 101 North Brand Boulevard, Glendale, CA, United States, 91203 and employs 1,383 people. LegalZoom is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 2.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LegalZoom's market, we take the total number of its shares issued and multiply it by LegalZoom's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. LegalZoom is active under Commercial Services & Supplies sector as part of Industrials industry. The entity has 188.54 M outstanding shares of which 3.91 M shares are now sold short in the market by investors with about 4.31 days to cover all shorted shares. LegalZoom reports about 211.81 M in cash with 124.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check LegalZoom Probability Of Bankruptcy
Ownership Allocation
LegalZoom maintains a total of one hundred eighty-eight million five hundred thirty-eight thousand outstanding shares. The majority of LegalZoom outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in LegalZoom to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in LegalZoom. Please pay attention to any change in the institutional holdings of LegalZoom as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check LegalZoom Ownership Details

LegalZoom Stock Price Odds Analysis

Based on a normal probability distribution, the odds of LegalZoom jumping above the current price in 90 days from now is about 5.57%. The LegalZoom probability density function shows the probability of LegalZoom stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 2.1731. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, LegalZoom will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. LegalZoom is significantly underperforming NYSE Composite.
  Odds Below 11.7HorizonTargetOdds Above 11.7
94.35%90 days
 11.70 
5.57%
Based on a normal probability distribution, the odds of LegalZoom to move above the current price in 90 days from now is about 5.57 (This LegalZoom probability density function shows the probability of LegalZoom Stock to fall within a particular range of prices over 90 days) .

LegalZoom Stock Institutional Holders

Institutional Holdings refers to the ownership stake in LegalZoom that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of LegalZoom's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing LegalZoom's value.
InstituionRecorded OnShares
T. Rowe Price Investment Management,inc.2023-09-30
2.8 M
Westwood Holdings Group Inc2023-09-30
2.6 M
Geode Capital Management, Llc2023-09-30
2.2 M
Ararat Capital Management, Lp2023-09-30
2.2 M
Fmr Inc2023-09-30
2.2 M
Cowbird Capital Lp2023-09-30
2.2 M
State Street Corporation2023-09-30
M
Llbh Private Wealth Management, Llc2023-09-30
1.9 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2023-09-30
1.7 M
Francisco Partners Management Lp2023-09-30
28.6 M
Technology Crossover Management Ix, Ltd.2023-09-30
14.3 M
View LegalZoom Diagnostics

LegalZoom Historical Income Statement

LegalZoom Income Statement is one of the three primary financial statements used for reporting LegalZoom's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of LegalZoom revenue and expense. LegalZoom Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Income Tax Expense is likely to rise to about 1 M in 2024, whereas Consolidated Income is likely to drop (47.3 M) in 2024. View More Fundamentals

LegalZoom Stock Against Markets

Picking the right benchmark for LegalZoom stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in LegalZoom stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for LegalZoom is critical whether you are bullish or bearish towards LegalZoom at a given time. Please also check how LegalZoom's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in LegalZoom without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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LegalZoom Corporate Management

Elected by the shareholders, the LegalZoom's board of directors comprises two types of representatives: LegalZoom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LegalZoom. The board's role is to monitor LegalZoom's management team and ensure that shareholders' interests are well served. LegalZoom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LegalZoom's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy LegalZoom Stock?

Before investing in LegalZoom, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in LegalZoom. To buy LegalZoom stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of LegalZoom. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase LegalZoom stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located LegalZoom stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased LegalZoom stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as LegalZoom, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.

Already Invested in LegalZoom?

The danger of trading LegalZoom is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of LegalZoom is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than LegalZoom. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LegalZoom is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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
0.535
Earnings Share
0.07
Revenue Per Share
3.387
Quarterly Revenue Growth
0.076
Return On Assets
0.0293
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.