CS Disco (LAW) Stock Price, News & Analysis

Company Overview

CS Disco, Inc. provides cloud-native and artificial intelligence-powered legal solutions for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. It offers DISCO Request, a solution that automates response compliance for legal requests; and DISCO Ediscovery, a solution that automates the ediscovery process and saves legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters. The company also provides DISCO Hold, a solution that automates manual work to preserve data, notify custodians, track holds with a defensible audit trail, and collect data when ready; DISCO Review, an AI-powered document review solution that delivers legal document reviews; and DISCO Case Builder, a solution that allows legal professionals to collaborate with teams to build a compelling case by offering a single place to search, organize, and review witness testimony and other legal data. The company's solutions are used in various legal matters comprising litigation, investigation, compliance, and diligence. It serves enterprises, law firms, legal services providers, and governments. CS Disco, Inc. was founded in 2012 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $5.34 to $5.49
• 50-Day Range: $5.44 to $6.37
• 52-Week Range: $4.71 to $8.80
• Volume: 120,852 shs
• Average Volume: 143,721 shs
• Market Capitalization: $326.21 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.63
• Consensus Rating: Hold

CS Disco Stock Analysis - MarketRank™

CS Disco scored higher than 34% of companies evaluated by MarketBeat, and ranked 515th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

CS Disco has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

CS Disco has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for CS Disco are expected to grow in the coming year, from ($0.69) to ($0.64) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CS Disco is -9.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of CS Disco is -9.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

CS Disco has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.78% of the float of CS Disco has been sold short.

Short Interest Ratio / Days to Cover

CS Disco has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in CS Disco has recently decreased by 20.16%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CS Disco does not currently pay a dividend.

Dividend Growth

CS Disco does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.78% of the float of CS Disco has been sold short.

Short Interest Ratio / Days to Cover

CS Disco has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in CS Disco has recently decreased by 20.16%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.09

News Sentiment

CS Disco has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for CS Disco this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added CS Disco to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CS Disco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $84,548.00 in company stock.

Percentage Held by Insiders

15.60% of the stock of CS Disco is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

58.05% of the stock of CS Disco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LAW Stock Analysis - Frequently Asked Questions

How have LAW shares performed this year?

CS Disco's stock was trading at $7.59 at the start of the year. Since then, LAW shares have decreased by 28.3% and is now trading at $5.4450.
View the best growth stocks for 2024 here.

How were CS Disco's earnings last quarter?

CS Disco, Inc. (NYSE:LAW) posted its earnings results on Wednesday, November, 6th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.06. The firm's revenue for the quarter was up 3.8% on a year-over-year basis.

When did CS Disco IPO?

CS Disco (LAW) raised $192 million in an initial public offering (IPO) on Wednesday, July 21st 2021. The company issued 7,000,000 shares at a price of $26.00-$29.00 per share.

Who are CS Disco's major shareholders?

Top institutional investors of CS Disco include ArrowMark Colorado Holdings LLC (1.59%), Geode Capital Management LLC (1.01%), State Street Corp (0.85%) and Jacobs Levy Equity Management Inc. (0.51%). Insiders that own company stock include Michael Lafair, Kevin Joseph Smith, Melanie Antoon, James Offerdahl, Andrew Shimek, Karen Herckis, Susan L Blount and Keith Zoellner.
View institutional ownership trends.

How do I buy shares of CS Disco?

Shares of LAW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CS Disco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CS Disco investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Humana (HUM), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:LAW
• CUSIP: N/A
• CIK: 1625641
• Web: www.csdisco.com
• Phone: 833-653-4726
• Fax: N/A
• Employees: 660
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.63
• High Stock Price Target: $8.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +21.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.60)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-42,150,000.00
• Net Margins: -25.36%
• Pretax Margin: -24.95%
• Return on Equity: -19.20%
• Return on Assets: -16.70%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.49
• Quick Ratio: 7.49

Sales & Book Value

• Annual Sales: $143.58 million
• Price / Sales: 2.27
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.30 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 59,909,000
• Free Float: 50,563,000
• Market Cap: $326.20 million
• Optionable: Not Optionable
• Beta: 2.07