4 Analysts Have This To Say About LegalZoom.com
Portfolio Pulse from Benzinga Insights
Four analysts have recently updated their ratings on LegalZoom.com (NASDAQ:LZ), with all maintaining a somewhat bullish stance. The average 12-month price target is now $14.25, down from $16.00, indicating a 10.94% decrease. LegalZoom.com has shown solid financial performance, with notable revenue growth and strong financial health indicators such as net margin, ROE, and ROA. The company's market capitalization is below industry benchmarks, but it has a low debt-to-equity ratio, suggesting a sound financial structure.
March 13, 2024 | 4:01 pm
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NEUTRAL IMPACT
LegalZoom.com's average 12-month price target has been adjusted to $14.25, reflecting a 10.94% decrease from the previous target. The company's financial health is strong, with positive revenue growth and efficient cost management.
The adjustment in the price target reflects a somewhat bullish but cautious stance by analysts, likely due to the company's below-average market capitalization despite strong financial indicators. The solid financial performance, including revenue growth and efficient cost management, supports a stable outlook, but the decrease in the price target suggests there are concerns that may limit short-term stock price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100