LegalZoom.com (LZ) Projected to Post Earnings on Wednesday

LegalZoom.com (NASDAQ:LZ) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $176.17 million for the quarter.

LegalZoom.com Stock Performance

Shares of NASDAQ LZ opened at $7.41 on Wednesday. The business has a 50 day simple moving average of $8.47 and a 200 day simple moving average of $8.19. LegalZoom.com has a 52 week low of $5.33 and a 52 week high of $12.43. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 57.00, a PEG ratio of 1.73 and a beta of 1.13.

Analyst Ratings Changes

Several equities research analysts recently weighed in on LZ shares. JMP Securities restated a “market perform” rating on shares of LegalZoom.com in a report on Friday, April 11th. Morgan Stanley lowered their price objective on LegalZoom.com from $10.00 to $7.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 16th. William Blair reiterated a “market perform” rating on shares of LegalZoom.com in a research note on Thursday, February 27th. Barclays increased their target price on shares of LegalZoom.com from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. lifted their price objective on LegalZoom.com from $9.00 to $11.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $9.06.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LegalZoom.com stock. Brighton Jones LLC acquired a new stake in LegalZoom.com, Inc. (NASDAQ:LZ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 24,603 shares of the company’s stock, valued at approximately $185,000. 81.99% of the stock is owned by institutional investors and hedge funds.

About LegalZoom.com

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.