Decoding 4 Analyst Evaluations For LegalZoom.com
Portfolio Pulse from Benzinga Insights
Over the past three months, four analysts have shared their evaluations of LegalZoom.com (NASDAQ:LZ), with all ratings being somewhat bullish. The average 12-month price target is $14.5, reflecting a 3.57% increase from the previous target. Analysts have maintained or raised their ratings, indicating a positive outlook despite some financial challenges.
May 17, 2024 | 3:00 pm
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Analysts have shown a somewhat bullish stance on LegalZoom.com (NASDAQ:LZ) with an average 12-month price target of $14.5, reflecting a 3.57% increase from the previous target. Despite some financial challenges, the positive revenue trend and low debt-to-equity ratio contribute to a favorable outlook.
The unanimous somewhat bullish ratings from analysts and the increase in the average price target to $14.5 indicate a positive short-term outlook for LegalZoom.com. The company's positive revenue trend and low debt-to-equity ratio further support this sentiment, despite challenges in net margin, ROE, and ROA.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100