LivePerson, Inc. (NASDAQ:LPSN) Receives $0.88 Consensus PT from Analysts

Shares of LivePerson, Inc. (NASDAQ:LPSN) have earned an average rating of “Reduce” from the five research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $0.88.

A number of equities research analysts have commented on LPSN shares. Needham & Company LLC restated a “hold” rating on shares of LivePerson in a research note on Thursday, March 6th. StockNews.com cut shares of LivePerson from a “hold” rating to a “sell” rating in a research note on Thursday.

Institutional Investors Weigh In On LivePerson

A number of institutional investors have recently added to or reduced their stakes in LPSN. GSA Capital Partners LLP purchased a new stake in LivePerson during the 3rd quarter valued at approximately $513,000. Two Sigma Advisers LP grew its holdings in shares of LivePerson by 42.0% in the fourth quarter. Two Sigma Advisers LP now owns 906,027 shares of the technology company’s stock valued at $1,377,000 after purchasing an additional 267,827 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of LivePerson by 1,162.0% in the third quarter. XTX Topco Ltd now owns 210,770 shares of the technology company’s stock valued at $270,000 after purchasing an additional 194,069 shares in the last quarter. Bridgeway Capital Management LLC purchased a new position in shares of LivePerson in the fourth quarter valued at $152,000. Finally, Dodds Wealth LLC purchased a new position in shares of LivePerson in the fourth quarter valued at $96,000. 79.83% of the stock is owned by hedge funds and other institutional investors.

LivePerson Price Performance

Shares of NASDAQ:LPSN opened at $0.98 on Monday. LivePerson has a twelve month low of $0.45 and a twelve month high of $2.08. The stock has a market capitalization of $88.43 million, a PE ratio of -0.64 and a beta of 1.51. The firm’s 50 day moving average price is $1.24 and its 200-day moving average price is $1.12. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 10.24.

LivePerson (NASDAQ:LPSN) last released its earnings results on Wednesday, March 5th. The technology company reported ($1.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($1.23). LivePerson had a negative return on equity of 111.48% and a negative net margin of 18.72%. The firm had revenue of $73.21 million for the quarter, compared to the consensus estimate of $68.12 million. During the same quarter in the previous year, the business posted ($0.06) EPS. Equities research analysts expect that LivePerson will post -0.41 EPS for the current year.

About LivePerson

LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.