Equities analysts expect LivePerson, Inc. (NASDAQ:LPSN) to report earnings per share (EPS) of ($0.09) for the current quarter, according to Zacks. Eight analysts have provided estimates for LivePerson’s earnings, with estimates ranging from ($0.12) to ($0.06). LivePerson posted earnings of $0.01 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 1,000%. The business is expected to report its next earnings report on Thursday, February 20th.
According to Zacks, analysts expect that LivePerson will report full-year earnings of ($0.59) per share for the current financial year, with EPS estimates ranging from ($0.65) to ($0.50). For the next fiscal year, analysts expect that the business will report earnings of ($0.32) per share, with EPS estimates ranging from ($0.48) to ($0.21). Zacks’ EPS calculations are an average based on a survey of research firms that follow LivePerson.
LivePerson (NASDAQ:LPSN) last issued its quarterly earnings data on Thursday, November 7th. The technology company reported ($0.18) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.02). LivePerson had a negative return on equity of 33.89% and a negative net margin of 27.03%. The company had revenue of $75.18 million for the quarter, compared to the consensus estimate of $74.69 million. During the same period in the prior year, the company earned $0.09 EPS. The firm’s revenue was up 17.1% on a year-over-year basis.
A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of LivePerson in a research report on Wednesday, November 27th. They issued a “neutral” rating and a $40.00 target price for the company. Jefferies Financial Group raised their target price on shares of LivePerson to $45.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Barclays reaffirmed a “buy” rating and issued a $49.00 target price on shares of LivePerson in a research report on Sunday, November 3rd. Needham & Company LLC raised their target price on shares of LivePerson from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Finally, William Blair assumed coverage on shares of LivePerson in a research report on Friday, November 15th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $39.54.
In other LivePerson news, EVP Monica L. Greenberg sold 2,284 shares of LivePerson stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $37.19, for a total value of $84,941.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Daryl Carlough sold 10,000 shares of LivePerson stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $38.49, for a total transaction of $384,900.00. The disclosure for this sale can be found here. Insiders sold a total of 12,390 shares of company stock valued at $474,140 in the last quarter. Corporate insiders own 9.70% of the company’s stock.
A number of institutional investors have recently modified their holdings of LPSN. Usca Ria LLC acquired a new position in LivePerson during the third quarter worth $30,000. Ladenburg Thalmann Financial Services Inc. grew its position in LivePerson by 269.0% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,048 shares of the technology company’s stock worth $29,000 after purchasing an additional 764 shares in the last quarter. Tower Research Capital LLC TRC purchased a new position in LivePerson during the 3rd quarter worth approximately $73,000. US Bancorp DE grew its position in LivePerson by 111.2% during the 2nd quarter. US Bancorp DE now owns 2,203 shares of the technology company’s stock worth $62,000 after purchasing an additional 1,160 shares in the last quarter. Finally, Strs Ohio purchased a new position in LivePerson during the 3rd quarter worth approximately $82,000. Institutional investors and hedge funds own 93.09% of the company’s stock.
Shares of LPSN stock traded up $0.26 during trading hours on Wednesday, hitting $37.99. 894,161 shares of the company were exchanged, compared to its average volume of 676,798. The business has a 50 day moving average of $38.71 and a two-hundred day moving average of $34.64. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 1.16. LivePerson has a 52 week low of $17.16 and a 52 week high of $42.85. The company has a market capitalization of $2.63 billion, a PE ratio of -165.17 and a beta of 1.03.
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.
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