LegalZoom.com (NASDAQ:LZ) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS

LegalZoom.com (NASDAQ:LZ - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.08), Zacks reports. The company had revenue of $161.71 million during the quarter, compared to analysts' expectations of $160.67 million. LegalZoom.com had a return on equity of 32.88% and a net margin of 3.61%. LegalZoom.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

LegalZoom.com Stock Up 1.4 %

Shares of NASDAQ:LZ traded up $0.14 during trading on Friday, reaching $10.16. The stock had a trading volume of 5,567,787 shares, compared to its average volume of 2,061,736. LegalZoom.com has a 52 week low of $5.33 and a 52 week high of $13.74. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 78.16, a P/E/G ratio of 1.73 and a beta of 1.13. The stock has a fifty day simple moving average of $8.53 and a two-hundred day simple moving average of $7.64.

Analyst Upgrades and Downgrades

LZ has been the subject of a number of research analyst reports. JMP Securities reissued a "market perform" rating on shares of LegalZoom.com in a research report on Tuesday, February 11th. JPMorgan Chase & Co. raised their price objective on shares of LegalZoom.com from $9.00 to $11.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. Barclays raised their price objective on shares of LegalZoom.com from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Thursday. UBS Group began coverage on shares of LegalZoom.com in a research report on Friday, December 6th. They set a "neutral" rating and a $9.00 price objective on the stock. Finally, William Blair reaffirmed a "market perform" rating on shares of LegalZoom.com in a research report on Thursday. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $9.19.

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About LegalZoom.com

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.