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

LegalZoom.com (NASDAQ:LZ) is expected to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect LegalZoom.com to post earnings of $0.17 per share and revenue of $160.67 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

LegalZoom.com Stock Performance

Shares of LZ stock opened at $9.18 on Wednesday. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 70.58, a P/E/G ratio of 1.76 and a beta of 1.13. LegalZoom.com has a 52 week low of $5.33 and a 52 week high of $13.74. The firm’s 50-day simple moving average is $8.35 and its two-hundred day simple moving average is $7.45.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of LegalZoom.com from $9.00 to $11.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. JMP Securities reaffirmed a “market perform” rating on shares of LegalZoom.com in a research report on Tuesday, February 11th. Morgan Stanley lifted their price objective on shares of LegalZoom.com from $7.00 to $8.00 and gave the stock an “underweight” rating in a research report on Monday, January 13th. Citigroup lifted their price objective on shares of LegalZoom.com from $7.00 to $8.50 and gave the stock a “neutral” rating in a research report on Tuesday, November 26th. Finally, UBS Group assumed coverage on shares of LegalZoom.com in a research report on Friday, December 6th. They issued a “neutral” rating and a $9.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, LegalZoom.com presently has an average rating of “Hold” and an average target price of $9.06.

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.