LegalZoom.com (NASDAQ:LZ - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $160.67 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.
LegalZoom.com Stock Performance
LZ stock traded down $0.18 during midday trading on Friday, reaching $8.67. The stock had a trading volume of 1,704,161 shares, compared to its average volume of 1,856,084. The firm has a fifty day simple moving average of $8.38 and a two-hundred day simple moving average of $7.49. The stock has a market cap of $1.50 billion, a PE ratio of 66.70, a P/E/G ratio of 1.73 and a beta of 1.13. LegalZoom.com has a 52-week low of $5.33 and a 52-week high of $13.74.
Analyst Upgrades and Downgrades
LZ has been the topic of a number of analyst reports. Morgan Stanley raised their target price on LegalZoom.com from $7.00 to $8.00 and gave the company an "underweight" rating in a research report on Monday, January 13th. Barclays raised their target price on LegalZoom.com from $7.00 to $8.00 and gave the company an "equal weight" rating in a research report on Monday, November 11th. JMP Securities reiterated a "market perform" rating on shares of LegalZoom.com in a report on Tuesday, February 11th. Citigroup lifted their price objective on LegalZoom.com from $7.00 to $8.50 and gave the stock a "neutral" rating in a report on Tuesday, November 26th. Finally, UBS Group initiated coverage on LegalZoom.com in a report on Friday, December 6th. They issued a "neutral" rating and a $9.00 price objective on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $9.06.
Read Our Latest Stock Report on LZ
About LegalZoom.com
(
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LegalZoom.com, Inc, together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States. The company's platform offers business formation products, such as limited liability company, incorporation of C and S corporations, nonprofit formations, doing-business-as, corporate changes and filings, business licenses, legal forms, and beneficial ownership information reports; intellectual property products consisting of trademark and patent applications, and copyright registrations; and tax services, including business and personal tax preparations.
Further Reading
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