FY2025 EPS Estimates for LegalZoom.com Cut by William Blair

LegalZoom.com, Inc. (NASDAQ:LZ) – Equities research analysts at William Blair reduced their FY2025 earnings per share (EPS) estimates for LegalZoom.com in a report issued on Tuesday, February 11th. William Blair analyst S. Sheldon now forecasts that the company will post earnings per share of $0.29 for the year, down from their previous forecast of $0.30. The consensus estimate for LegalZoom.com’s current full-year earnings is $0.25 per share.

A number of other research analysts also recently issued reports on LZ. JPMorgan Chase & Co. upped their price target on LegalZoom.com from $9.00 to $11.00 and gave the company an “overweight” rating in a report on Tuesday. UBS Group initiated coverage on shares of LegalZoom.com in a research note on Friday, December 6th. They set a “neutral” rating and a $9.00 target price on the stock. Barclays raised their price target on shares of LegalZoom.com from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Monday, November 11th. Morgan Stanley boosted their price objective on shares of LegalZoom.com from $7.00 to $8.00 and gave the company an “underweight” rating in a report on Monday, January 13th. Finally, Citigroup raised their target price on shares of LegalZoom.com from $7.00 to $8.50 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, LegalZoom.com currently has a consensus rating of “Hold” and an average target price of $9.06.

LegalZoom.com Trading Up 0.9 %

Shares of LZ opened at $9.30 on Wednesday. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 71.54, a P/E/G ratio of 1.76 and a beta of 1.13. The business’s fifty day simple moving average is $8.24 and its two-hundred day simple moving average is $7.35. LegalZoom.com has a 12 month low of $5.33 and a 12 month high of $13.74.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Nisa Investment Advisors LLC raised its stake in LegalZoom.com by 179.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 6,099 shares of the company’s stock worth $39,000 after acquiring an additional 3,919 shares during the period. Quarry LP raised its position in shares of LegalZoom.com by 83.4% during the 3rd quarter. Quarry LP now owns 8,206 shares of the company’s stock valued at $52,000 after purchasing an additional 3,732 shares during the period. Wexford Capital LP purchased a new position in shares of LegalZoom.com during the 3rd quarter valued at $64,000. Creative Planning bought a new position in LegalZoom.com in the 3rd quarter worth $72,000. Finally, Aigen Investment Management LP bought a new position in LegalZoom.com in the 4th quarter worth $76,000. 81.99% of the stock is owned by hedge funds and other institutional investors.

LegalZoom.com Company Profile

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.