LivePerson Inc. (LPSN) Stock Price Up 1.6%
LivePerson Inc. (NASDAQ:LPSN)’s share price rose 1.6% during trading on Monday . The stock traded as high as $7.57 and last traded at $7.55, with a volume of 149,233 shares traded. The stock had previously closed at $7.43.
LPSN has been the subject of several research analyst reports. Zacks Investment Research raised shares of LivePerson from a “hold” rating to a “buy” rating and set a $6.75 price target for the company in a research report on Tuesday, April 26th. Roth Capital upgraded shares of 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. Finally, Benchmark Co. upgraded shares of LivePerson from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $6.00 to $9.00 in a research note on Thursday, July 7th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. LivePerson currently has a consensus rating of “Buy” and an average price target of $9.25.
The stock’s market capitalization is $437.04 million. The firm’s 50-day moving average is $6.95 and its 200 day moving average is $6.07.
LivePerson (NASDAQ:LPSN) last announced its earnings results on Wednesday, May 4th. The company reported ($0.05) EPS for the quarter. The business had revenue of $55.50 million for the quarter, compared to the consensus estimate of $55.45 million. During the same period last year, the firm posted $0.04 EPS. LivePerson’s revenue for the quarter was down 7.1% on a year-over-year basis. Analysts anticipate that LivePerson Inc. will post $0.07 EPS for the current fiscal 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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