With 1.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.25 million shares. The 52-week range on LZ shows that it touched its highest point at $12.21 and its lowest point at $5.33 during that stretch. It currently has a 1-year price target of $9.43. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LZ was down-trending over the past week, with a drop of -1.89%, but this was down by -7.27% over a month. Three-month performance dropped to -19.85% while six-month performance rose 1.25%. The stock lost -39.67% in the past year, while it has lost -3.20% so far this year. A look at the trailing 12-month EPS for LZ yields 0.17 with Next year EPS estimates of 0.69. For the next quarter, that number is 0.13. This implies an EPS growth rate of 14.76% for this year and 11.77% for next year. EPS is expected to grow by 12.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 42.58%.
Float and Shares Shorts:
At present, 173.62 million LZ shares are outstanding with a float of 117.60 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LZ since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.54462 being high and $0.49599 being low. For LZ, this leads to a yearly average estimate of $0.51544.
