LegalZoom went public via an IPO this morning and shares jumped above the offering price to about $38 a share at midday, valuing the company at $7 billion.
The company offered 19.1 million shares at a price of $28. That's above the previously announced range.
Shares trade on the Nasdaq under the symbol LZ.
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| Latest market close | $7.63 |
|---|---|
| 52-week range | $5.33 - $13.74 |
| 50-day moving average | $6.94 |
| 200-day moving average | $8.92 |
| Wall St. target price | $7.78 |
| PE ratio | 61.4615 |
| Dividend yield | N/A |
| Earnings per share (TTM) | $0.13 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $7.73 from 2024-11-18
| 1 week (2024-11-13) | -5.73% |
|---|---|
| 1 month (2024-10-18) | 10.74% |
| 3 months (2024-08-20) | 23.09% |
| 6 months (2024-05-20) | -11.66% |
| 1 year (2023-11-20) | -32.31% |
|---|---|
| 2 years (2022-11-18) | -14.11% |
| 3 years (2021-11-19) | 18.75 |
| 5 years (2019-11-17) | N/A |
Valuing LegalZoom.com stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of LegalZoom.com's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
LegalZoom.com's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 61x. In other words, LegalZoom.com shares trade at around 61x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, LegalZoom.com's P/E ratio is best considered in relation to those of others within the specialty business services industry or those of similar companies.
LegalZoom.com's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $54 million.
The EBITDA is a measure of a LegalZoom.com's overall financial performance and is widely used to measure a its profitability.
To put LegalZoom.com's EBITDA into context you can compare it against that of similar companies.
| Revenue TTM | $678.8 million |
|---|---|
| Operating margin TTM | 13.16% |
| Gross profit TTM | $408.9 million |
| Return on assets TTM | 6.29% |
| Return on equity TTM | 23.61% |
| Profit margin | 3.61% |
| Book value | $0.35 |
| Market Capitalization | $1.4 billion |
TTM: trailing 12 months
We're not expecting LegalZoom.com to pay a dividend over the next 12 months.
You may also wish to consider:
Over the last 12 months, LegalZoom.com's shares have ranged in value from as little as $5.33 up to $13.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while LegalZoom.com's is 1.061. This would suggest that LegalZoom.com's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
To put LegalZoom.com's beta into context you can compare it against those of similar companies.
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. It also provides consumer, estate planning, and other services comprising last will and testament, living will, living trust, power of attorney, and name change. In addition, the company offers subscriptions services, including registered agent, compliance, attorney advice, tax advice and preparation, eSignature, virtual mail and check deposit services, trademark monitoring, and estate planning bundle. The company was incorporated in 1999 and is headquartered in Mountain View, California.
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