LivePerson Inc. (LPSN) Trading 1.6% Higher
LivePerson Inc. (NASDAQ:LPSN) traded up 1.6% during trading on Wednesday . The stock traded as high as $7.53 and last traded at $7.49, with a volume of 135,583 shares trading hands. The stock had previously closed at $7.37.
Several equities research analysts have recently commented on the company. Benchmark Co. lifted their target price on LivePerson from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Thursday, May 5th. Zacks Investment Research cut LivePerson from a “buy” rating to a “hold” rating in a research note on Thursday, April 21st. Finally, Roth Capital raised LivePerson from a “neutral” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Thursday, May 5th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $9.25.
The firm’s market cap is $429.58 million. The firm has a 50-day moving average of $6.85 and a 200-day moving average of $6.04.
LivePerson (NASDAQ:LPSN) last released 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 analysts’ expectations of $55.45 million. LivePerson’s revenue was down 7.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.04 EPS. Equities research analysts predict 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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