LegalZoom.com Inc (LZ) 20 Days SMA touches 1.78%: The odds favor the bear

SQ

LegalZoom.com Inc (NASDAQ: LZ) kicked off on Friday, down -3.25% from the previous trading day, before settling in for the closing price of $7.99. Over the past 52 weeks, LZ has traded in a range of $5.33-$13.74.

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Industrials Sector giant saw their annual sales surged by 12.95% over the last five years. While this was happening, its average annual earnings per share was recorded 26.50%. With a float of $111.12 million, this company’s outstanding shares have now reached $188.54 million.

The firm has a total of 1190 workers. Let’s measure their productivity. In terms of profitability, gross margin is 63.19%, operating margin of 4.95%, and the pretax margin is 6.06%.

LegalZoom.com Inc (LZ) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Specialty Business Services Industry. The insider ownership of LegalZoom.com Inc is 35.70%, while institutional ownership is 53.03%. The most recent insider transaction that took place on Aug 13 ’24, was worth 1,306,051. Before that another transaction happened on May 17 ’24, when Company’s CHIEF LEGAL OFFICER sold 13,727 for $9.17, making the entire transaction worth $125,877. This insider now owns 338,956 shares in total.

LegalZoom.com Inc (LZ) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.13 earnings per share (EPS), higher than consensus estimate (set at 0.1) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 26.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.00% during the next five years compared to 26.77% growth over the previous five years of trading.

LegalZoom.com Inc (NASDAQ: LZ) Trading Performance Indicators

Take a look at LegalZoom.com Inc’s (LZ) current performance indicators. Last quarter, stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90. Likewise, its price to free cash flow for the trailing twelve months is 16.53.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.58 in one year’s time.

Technical Analysis of LegalZoom.com Inc (LZ)

Analysing the last 5-days average volume posted by the [LegalZoom.com Inc, LZ], we can find that recorded value of 1.44 million was lower than the volume posted last year of 1.58 million. As of the previous 9 days, the stock’s Stochastic %D was 40.13%. Additionally, its Average True Range was 0.33.

During the past 100 days, LegalZoom.com Inc’s (LZ) raw stochastic average was set at 60.38%, which indicates a significant increase from 31.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.48% in the past 14 days, which was higher than the 63.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.99, while its 200-day Moving Average is $8.90. Now, the first resistance to watch is $7.95. This is followed by the second major resistance level at $8.17. The third major resistance level sits at $8.36. If the price goes on to break the first support level at $7.54, it is likely to go to the next support level at $7.35. Should the price break the second support level, the third support level stands at $7.13.

LegalZoom.com Inc (NASDAQ: LZ) Key Stats

The company with the Market Capitalisation of 1.29 billion has total of 172,822K Shares Outstanding. Its annual sales at the moment are 660,730 K in contrast with the sum of 13,950 K annual income. Company’s last quarter sales were recorded 168,600 K and last quarter income was 11,050 K.