LegalZoom.com (LZ) to Release Quarterly Earnings on Wednesday

LegalZoom.com (NASDAQ:LZ) is anticipated to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $160.67 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

LegalZoom.com Stock Performance

LZ stock opened at $8.67 on Monday. LegalZoom.com has a 52 week low of $5.33 and a 52 week high of $13.74. The firm’s fifty day moving average is $8.38 and its 200 day moving average is $7.51. The firm has a market cap of $1.50 billion, a P/E ratio of 66.70, a P/E/G ratio of 1.73 and a beta of 1.13.

Analyst Ratings Changes

Several equities analysts recently commented on LZ shares. UBS Group started coverage on shares of LegalZoom.com in a report on Friday, December 6th. They set a “neutral” rating and a $9.00 target price on the stock. JMP Securities reaffirmed a “market perform” rating on shares of LegalZoom.com in a report on Tuesday, February 11th. Barclays increased their target price 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. Citigroup increased their target price on shares of LegalZoom.com from $7.00 to $8.50 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. raised their price target on shares of LegalZoom.com from $9.00 to $11.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $9.06.

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.