Quantcast
Channel: Wayne Rhoads – Zolmax
Viewing all articles
Browse latest Browse all 194099

LivePerson (NASDAQ:LPSN) PT Raised to $74.00 at KeyCorp

$
0
0

LivePerson logoLivePerson (NASDAQ:LPSN) had its price objective increased by analysts at KeyCorp from $64.00 to $74.00 in a research note issued to investors on Tuesday, Analyst Ratings Network reports. The firm currently has an “overweight” rating on the technology company’s stock. KeyCorp’s price target indicates a potential upside of 13.25% from the company’s previous close.

LPSN has been the topic of a number of other reports. Jefferies Financial Group cut LivePerson from a “buy” rating to a “hold” rating and lifted their price target for the stock from $55.00 to $65.00 in a research note on Monday, January 11th. Mizuho boosted their target price on LivePerson from $65.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, October 30th. B. Riley boosted their price target on LivePerson from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Friday, October 30th. Zacks Investment Research cut LivePerson from a “hold” rating to a “sell” rating in a research note on Friday, January 15th. Finally, Rosenblatt Securities began coverage on LivePerson in a research note on Thursday, December 17th. They issued a “buy” rating and a $73.00 price target for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the stock. LivePerson presently has an average rating of “Buy” and an average price target of $61.67.

Shares of NASDAQ LPSN opened at $65.34 on Tuesday. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of -35.13 and a beta of 1.34. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.51. LivePerson has a 1-year low of $14.08 and a 1-year high of $68.59. The stock’s 50-day moving average is $61.72 and its 200 day moving average is $54.88.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings data on Thursday, October 29th. The technology company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.14. The company had revenue of $94.80 million for the quarter, compared to analysts’ expectations of $92.67 million. LivePerson had a negative return on equity of 60.48% and a negative net margin of 35.41%. LivePerson’s revenue for the quarter was up 26.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.17) EPS. On average, analysts forecast that LivePerson will post -1.09 EPS for the current fiscal year.

In other LivePerson news, Director William Wesemann sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $53.10, for a total transaction of $132,750.00. Following the sale, the director now directly owns 150,000 shares in the company, valued at $7,965,000. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Daryl Carlough sold 2,735 shares of the company’s stock in a transaction that occurred on Tuesday, December 22nd. The shares were sold at an average price of $67.50, for a total value of $184,612.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 420,579 shares of company stock valued at $24,047,533. 10.70% of the stock is owned by corporate insiders.

Hedge funds have recently modified their holdings of the business. Freestone Capital Holdings LLC purchased a new stake in LivePerson during the third quarter valued at approximately $31,000. Acadian Asset Management LLC purchased a new stake in shares of LivePerson in the third quarter worth approximately $56,000. Nisa Investment Advisors LLC purchased a new stake in shares of LivePerson in the third quarter worth approximately $78,000. Harvest Fund Management Co. Ltd raised its holdings in shares of LivePerson by 207.3% in the third quarter. Harvest Fund Management Co. Ltd now owns 1,982 shares of the technology company’s stock worth $106,000 after buying an additional 1,337 shares during the period. Finally, NEXT Financial Group Inc purchased a new stake in shares of LivePerson in the third quarter worth approximately $118,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

LivePerson Company Profile

LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.

See Also: How to find the components of the quick ratio

Analyst Recommendations for LivePerson (NASDAQ:LPSN)


Viewing all articles
Browse latest Browse all 194099

Latest Images

Trending Articles



Latest Images