LivePerson Inc. (LPSN) Trading 0.8% Higher
LivePerson Inc. (NASDAQ:LPSN)’s share price traded up 0.8% during trading on Wednesday . The stock traded as high as $7.92 and last traded at $7.88, with a volume of 91,258 shares. The stock had previously closed at $7.82.
Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of LivePerson from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 3rd. Benchmark Co. upgraded shares of LivePerson from a “hold” rating to a “buy” rating and upped their price objective for the stock from $6.00 to $9.00 in a report on Thursday, July 7th. Finally, Roth Capital upgraded shares of LivePerson from a “neutral” rating to a “buy” rating and set a $10.00 price objective on the stock in a report on Thursday, May 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. LivePerson has a consensus rating of “Hold” and an average price target of $9.25.
The firm has a 50 day moving average of $7.42 and a 200 day moving average of $6.41. The firm’s market cap is $450.09 million.
LivePerson (NASDAQ:LPSN) last posted its earnings results on Wednesday, July 27th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.03. The firm had revenue of $56.70 million for the quarter, compared to analyst estimates of $56.70 million. During the same quarter in the prior year, the firm posted $0.02 earnings per share. The company’s quarterly revenue was down 4.4% on a year-over-year basis. On average, analysts predict that LivePerson Inc. will post ($0.05) earnings per share 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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