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Assessing LegalZoom.com: Insights From 5 Financial Analysts

Author: Benzinga Insights | April 12, 2024 10:01am

In the latest quarter, 5 analysts provided ratings for LegalZoom.com (NASDAQ:LZ), showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 5 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 2 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 2 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $14.6, a high estimate of $16.00, and a low estimate of $14.00. Highlighting a 5.81% decrease, the current average has fallen from the previous average price target of $15.50.

price target chart

Investigating Analyst Ratings: An Elaborate Study

The perception of LegalZoom.com by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Andrew Boone JMP Securities Maintains Market Outperform $14.00 -
Ella Smith JP Morgan Raises Overweight $16.00 $14.00
Andrew Boone JMP Securities Maintains Market Outperform $14.00 -
Mario Lu Barclays Lowers Overweight $15.00 $17.00
Ella Smith JP Morgan Announces Overweight $14.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to LegalZoom.com. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of LegalZoom.com compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for LegalZoom.com's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of LegalZoom.com's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on LegalZoom.com analyst ratings.

About LegalZoom.com

LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States. The company also offers services that include ongoing compliance and tax advice and filings, business licenses, accounting, virtual mailbox and e-signature solutions, trademark filings, and estate plans.

LegalZoom.com: Delving into Financials

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: LegalZoom.com's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 8.21%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: LegalZoom.com's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.65% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): LegalZoom.com's ROE excels beyond industry benchmarks, reaching 4.67%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): LegalZoom.com's ROA excels beyond industry benchmarks, reaching 1.69%. This signifies efficient management of assets and strong financial health.

Debt Management: LegalZoom.com's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.05.

The Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: LZ

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