LivePerson Inc. (LPSN) Trading Up 1.6%
LivePerson Inc. (NASDAQ:LPSN)’s share price was up 1.6% during mid-day trading on Wednesday . The company traded as high as $7.53 and last traded at $7.49, with a volume of 135,583 shares. The stock had previously closed at $7.37.
A number of equities analysts have recently issued reports on LPSN shares. Zacks Investment Research upgraded LivePerson from a “hold” rating to a “buy” rating and set a $6.50 price objective for the company in a research report on Tuesday, April 12th. Roth Capital upgraded LivePerson from a “neutral” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Thursday, May 5th. Finally, Benchmark Co. raised their price objective on LivePerson from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Thursday, May 5th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $9.25.
The firm’s market capitalization is $431.30 million. The firm has a 50 day moving average price of $6.80 and a 200 day moving average price of $6.02.
LivePerson (NASDAQ:LPSN) last announced its earnings results on Wednesday, May 4th. The company reported ($0.05) earnings per share for the quarter. The business earned $55.50 million during the quarter, compared to analyst estimates of $55.45 million. The firm’s revenue was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.04 EPS. Analysts anticipate that LivePerson Inc. will post $0.07 EPS for the current year.
LivePerson, Inc (Liveperson) is a provider of digital engagement solutions offering a cloud-based platform. The Company’s platform enables businesses to connect with consumers through chat, voice, and content delivery, across multiple channels and screens, including Websites, social media, tablets and mobile devices.
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