Live Oak Acquisition Corp. V (NASDAQ:TMS) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Live Oak Acquisition Corp. V (NASDAQ:TMS) to a hold rating in a research report released on Saturday morning.

A number of other analysts have also commented on the stock. Weiss Ratings initiated coverage on shares of Live Oak Acquisition Corp. V in a report on Friday, August 14th. They set a “sell (e-)” rating for the company. Northland Securities assumed coverage on Live Oak Acquisition Corp. V in a research note on Thursday, July 16th. They issued an “outperform” rating and a $14.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $14.00.

Live Oak Acquisition Corp. V Stock Performance

Shares of NASDAQ TMS opened at $7.34 on Friday. Live Oak Acquisition Corp. V has a 1 year low of $5.04 and a 1 year high of $13.20. The company has a 50-day simple moving average of $7.36.

Live Oak Acquisition Corp. V (NASDAQ:TMS) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.03). The company had revenue of $148.66 million for the quarter, compared to analyst estimates of $144.74 million. Analysts expect that Live Oak Acquisition Corp. V will post -0.61 EPS for the current year.

About Live Oak Acquisition Corp. V

Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.

The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.