Should I buy or sell CS Disco stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CS Disco in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LAW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAW, but not buy additional shares or sell existing shares. View LAW analyst ratings or view top-rated stocks .

What is CS Disco's stock price target for 2024?

7 brokerages have issued 1 year price objectives for CS Disco's stock. Their LAW share price targets range from $7.50 to $15.00. On average, they predict the company's share price to reach $10.31 in the next year. This suggests a possible upside of 33.3% from the stock's current price. View analysts price targets for LAW or view top-rated stocks among Wall Street analysts .

How have LAW shares performed in 2024?

CS Disco's stock was trading at $7.59 on January 1st, 2024. Since then, LAW shares have increased by 1.9% and is now trading at $7.7350. View the best growth stocks for 2024 here .

Are investors shorting CS Disco?

CS Disco saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 887,500 shares, an increase of 8.8% from the March 15th total of 815,500 shares. Based on an average trading volume of 199,400 shares, the days-to-cover ratio is presently 4.5 days. Currently, 3.7% of the company's shares are sold short. View CS Disco's Short Interest .

When is CS Disco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our LAW earnings forecast .

How were CS Disco's earnings last quarter?

CS Disco, Inc. (NYSE:LAW) announced its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.11. The business earned $35.74 million during the quarter, compared to analyst estimates of $34.94 million. CS Disco had a negative net margin of 30.52% and a negative trailing twelve-month return on equity of 19.09%.

What ETFs hold CS Disco's stock?

ETFs with the largest weight of CS Disco (NYSE:LAW) stock in their portfolio include ERShares NextGen Entrepreneurs ETF (ERSX) . AOT Growth & Innovation ETF (AOTG) .

What guidance has CS Disco issued on next quarter's earnings?

CS Disco issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $34.5 million-$36.5 million, compared to the consensus revenue estimate of $36.7 million.

When did CS Disco IPO?

CS Disco (LAW) raised $192 million in an initial public offering on Wednesday, July 21st 2021. The company issued 7,000,000 shares at a price of $26.00-$29.00 per share.

How do I buy shares of CS Disco?

Shares of LAW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:LAW

CS Disco (LAW) Stock Price, News & Analysis

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Free LAW Stock Alerts

$7.74

-0.17 (-2.15%)

(As of 04/15/2024 ET)

Compare

Today's Range: $7.67
▼
$7.94
50-Day Range: $6.38
▼
$8.56
52-Week Range: $5.07
▼
$10.77

Volume: 260,998 shs
Average Volume: 202,433 shs
Market Capitalization: $472.30 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.31

Get CS Disco alerts:

CS Disco MarketRank™ Stock Analysis

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 33.3% Upside
$10.31 Price Target
Short Interest: Bearish
3.74% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.11
Based on 12 Articles This Week
Insider Trading: Selling Shares
$72,428 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.78) to ($0.57) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.96 out of 5 stars

Computer And Technology Sector

460th out of 592 stocks

Prepackaged Software Industry

160th out of 199 stocks

3.2

Analyst's Opinion

Consensus Rating
CS Disco has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
CS Disco has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.74% of the float of CS Disco has been sold short.
Short Interest Ratio / Days to Cover
CS Disco has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in CS Disco has recently increased by 8.83%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
CS Disco does not currently pay a dividend.
Dividend Growth
CS Disco does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LAW.

1.7

News and Social Media Coverage

News Sentiment
CS Disco has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for CS Disco this week, compared to 3 articles on an average week.
MarketBeat Follows
Only 1 people have added CS Disco to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CS Disco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $72,428.00 in company stock.
Percentage Held by Insiders
22.30% of the stock of CS Disco is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
58.05% of the stock of CS Disco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for CS Disco are expected to grow in the coming year, from ($0.78) to ($0.57) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CS Disco is -10.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CS Disco is -10.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CS Disco has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About CS Disco Stock (NYSE:LAW)

CS Disco, Inc. provides cloud-native and artificial intelligence-powered legal solutions for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. It offers DISCO Request, a solution that automates response compliance for legal requests; and DISCO Ediscovery, a solution that automates the ediscovery process and saves legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters. The company also provides DISCO Hold, a solution that automates manual work to preserve data, notify custodians, track holds with a defensible audit trail, and collect data when ready; DISCO Review, an AI-powered document review solution that delivers legal document reviews; and DISCO Case Builder, a solution that allows legal professionals to collaborate with teams to build a compelling case by offering a single place to search, organize, and review witness testimony and other legal data. The company's solutions are used in various legal matters comprising litigation, investigation, compliance, and diligence. It serves enterprises, law firms, legal services providers, and governments. CS Disco, Inc. was founded in 2012 and is headquartered in Austin, Texas.

LAW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LAW Stock News Headlines

April 11, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: CS Disco (LAW) and Block (SQ)

April 11, 2024 | americanbankingnews.com

CS Disco's (LAW) Buy Rating Reiterated at Needham & Company LLC

April 16, 2024 | Porter & Company (Ad)

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April 10, 2024 | markets.businessinsider.com

Buy Rating Affirmed on CS Disco with New CEO Appointment and AI Investment Focus

April 10, 2024 | reuters.com

Legal tech company Disco gets new CEO after co-founder's messy exit

April 10, 2024 | markets.businessinsider.com

CS Disco Names Eric Friedrichsen New CEO

April 10, 2024 | marketwatch.com

CS Disco Appoints Eric Friedrichsen As CEO >LAW

April 10, 2024 | finance.yahoo.com

CS Disco Appoints Eric Friedrichsen as CEO

April 16, 2024 | Porter & Company (Ad)

The #1 Investment of the Decade…

April 10, 2024 | businesswire.com

CS Disco Appoints Eric Friedrichsen as CEO

April 7, 2024 | americanbankingnews.com

CS Disco (NYSE:LAW) Stock Price Up 5.1%

March 16, 2024 | finance.yahoo.com

LAW Apr 2024 5.000 put

March 15, 2024 | markets.businessinsider.com

Buy Rating Affirmed for CS Disco on Strong Financial Performance and Share Repurchase Program

March 14, 2024 | businesswire.com

CS Disco Board Approves $20 Million Share Repurchase Authorization

February 24, 2024 | seekingalpha.com

CS Disco Q4 Earnings: One Step Into The Good Direction, But That's Not Enough

February 23, 2024 | markets.businessinsider.com

CS Disco’s Accelerating Growth and Strategic Investments Justify Buy Rating

February 23, 2024 | markets.businessinsider.com

Buy Rating Affirmed: CS Disco’s Strong Q4 Performance and Strategic Growth Outlook

February 23, 2024 | uk.finance.yahoo.com

Q4 2023 CS Disco Inc Earnings Call

February 23, 2024 | markets.businessinsider.com

CS Disco Sell Rating: Concerns Over Profitability and Growth Despite Improved Margins

February 23, 2024 | msn.com

Cs Disco (LAW) Q4 2023 Earnings Call Transcript

February 22, 2024 | finance.yahoo.com

CS Disco Inc (LAW) Reports Revenue Growth and Narrowed Net Loss in FY2023

February 22, 2024 | businesswire.com

DISCO Announces Fourth Quarter and Fiscal Year 2023 Financial Results

February 20, 2024 | sg.finance.yahoo.com

20 Best Divorce and Child Custody Lawyers in New Jersey

February 18, 2024 | msn.com

I Turn to Tory Burch, Nordstrom, and Saks Fifth Avenue for the Best Spring Shoes

February 17, 2024 | finance.yahoo.com

LAW Mar 2024 10.000 call

February 17, 2024 | finance.yahoo.com

LAW Sep 2024 10.000 call

February 7, 2024 | tmcnet.com

CS DISCO UPDATE: Rosen Law Firm Provides CS Disco, Inc. Investors Update in Securities Class Action - LAW

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:LAW
CUSIP: N/A
CIK: 1625641
Web: www.csdisco.com
Phone: 833-653-4726
Fax: N/A
Employees: 543
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.31
High Stock Price Target: $15.00
Low Stock Price Target: $7.50
Potential Upside/Downside: +33.3%
Consensus Rating: Hold
Rating Score (0-4): 2.43
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.71)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-42,150,000.00
Net Margins: -30.52%
Pretax Margin: -30.20%
Return on Equity: -19.09%
Return on Assets: -16.67%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 8.32
Quick Ratio: 8.32

Sales & Book Value

Annual Sales: $138.09 million
Price / Sales: 3.42
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.30 per share
Price / Book: 2.34

Miscellaneous

Outstanding Shares: 61,060,000
Free Float: 47,444,000
Market Cap: $472.30 million
Optionable: Not Optionable
Beta: 2.26

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Key Executives

Mr. Scott Anthony Hill (Age 57)
CEO & Director
Comp: $54k
Mr. Michael S. Lafair (Age 59)
Executive VP & CFO
Comp: $424.16k
Aleksey Lakchakov
Senior Director of Finance & Head of Investor Relations
Mr. Tom Furr
Chief Marketing Officer
Ms. Andrea Popovecz
Senior Vice President of Global Sales
Ms. Karen Herckis
Chief Human Resources Officer
Ms. Melanie Antoon (Age 45)
Chief Customer Officer
Mr. Kevin Smith (Age 45)
Executive VP & Chief Product Officer
Mr. Jamie Caramanica
Senior Vice President of Engineering

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LAW Stock Analysis - Frequently Asked Questions

Should I buy or sell CS Disco stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CS Disco in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LAW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAW, but not buy additional shares or sell existing shares.
View LAW analyst ratings or view top-rated stocks.
What is CS Disco's stock price target for 2024?: 7 brokerages have issued 1 year price objectives for CS Disco's stock. Their LAW share price targets range from $7.50 to $15.00. On average, they predict the company's share price to reach $10.31 in the next year. This suggests a possible upside of 33.3% from the stock's current price.
View analysts price targets for LAW or view top-rated stocks among Wall Street analysts.
How have LAW shares performed in 2024?: CS Disco's stock was trading at $7.59 on January 1st, 2024. Since then, LAW shares have increased by 1.9% and is now trading at $7.7350.
View the best growth stocks for 2024 here.
Are investors shorting CS Disco?: CS Disco saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 887,500 shares, an increase of 8.8% from the March 15th total of 815,500 shares. Based on an average trading volume of 199,400 shares, the days-to-cover ratio is presently 4.5 days. Currently, 3.7% of the company's shares are sold short.
View CS Disco's Short Interest.
When is CS Disco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LAW earnings forecast.
How were CS Disco's earnings last quarter?: CS Disco, Inc. (NYSE:LAW) announced its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.11. The business earned $35.74 million during the quarter, compared to analyst estimates of $34.94 million. CS Disco had a negative net margin of 30.52% and a negative trailing twelve-month return on equity of 19.09%.

What ETFs hold CS Disco's stock?: ETFs with the largest weight of CS Disco (NYSE:LAW) stock in their portfolio include ERShares NextGen Entrepreneurs ETF (ERSX).AOT Growth & Innovation ETF (AOTG).
What guidance has CS Disco issued on next quarter's earnings?: CS Disco issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $34.5 million-$36.5 million, compared to the consensus revenue estimate of $36.7 million.
When did CS Disco IPO?: CS Disco (LAW) raised $192 million in an initial public offering on Wednesday, July 21st 2021. The company issued 7,000,000 shares at a price of $26.00-$29.00 per share.
How do I buy shares of CS Disco?: Shares of LAW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LAW) was last updated on 4/16/2024 by MarketBeat.com Staff

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CS Disco (LAW) Stock Price, News & Analysis

CS Disco MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CS Disco Stock (NYSE:LAW)

LAW Stock Price History

LAW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LAW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™