LegalZoom.com (LZ) Expected to Announce Quarterly Earnings on Wednesday

LegalZoom.com (NASDAQ:LZ) is expected to be issuing its quarterly earnings data 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. Parties interested in registering for the company’s conference call can do so using this link.

LegalZoom.com Trading Up 2.8 %

LZ stock opened at $8.91 on Tuesday. The firm has a 50-day moving average price of $8.40 and a 200-day moving average price of $7.53. The stock has a market capitalization of $1.54 billion, a P/E ratio of 68.54, a price-to-earnings-growth ratio of 1.73 and a beta of 1.13. LegalZoom.com has a 12 month low of $5.33 and a 12 month high of $13.74.

Analyst Ratings Changes

A number of brokerages recently issued reports on LZ. JMP Securities reiterated a “market perform” rating on shares of LegalZoom.com in a report on Tuesday, February 11th. Morgan Stanley raised their price target on shares of LegalZoom.com from $7.00 to $8.00 and gave the stock an “underweight” rating in a report on Monday, January 13th. Citigroup raised their price target 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. JPMorgan Chase & Co. raised 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. Finally, Barclays raised their price objective on shares of LegalZoom.com from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, LegalZoom.com has a consensus rating of “Hold” and an average price target 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.