LivePerson Inc. (LPSN) Shares Down 1.2%
LivePerson Inc. (NASDAQ:LPSN) fell 1.2% during mid-day trading on Thursday . The stock traded as low as $7.48 and last traded at $7.52, with a volume of 70,613 shares. The stock had previously closed at $7.61.
Several research firms recently issued reports on LPSN. Zacks Investment Research raised shares of LivePerson from a “hold” rating to a “buy” rating and set a $6.75 price target on the stock in a research note on Tuesday, April 26th. Benchmark Co. lifted their price target on shares of LivePerson from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Thursday, May 5th. Finally, Roth Capital raised shares of LivePerson from a “neutral” rating to a “buy” rating and set a $10.00 price target on the stock in a research note on Thursday, May 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. LivePerson currently has a consensus rating of “Hold” and an average target price of $9.25.
The company’s market capitalization is $432.18 million. The firm has a 50-day moving average of $7.21 and a 200 day moving average of $6.24.
LivePerson (NASDAQ:LPSN) last posted its earnings results on Wednesday, July 27th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.03. The business had revenue of $56.70 million for the quarter, compared to the consensus estimate of $56.70 million. During the same period last year, the company earned $0.02 earnings per share. The firm’s quarterly revenue was down 4.4% on a year-over-year basis. On average, equities research 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.