LivePerson (NASDAQ:LPSN) issued its quarterly earnings data on Thursday. The technology company reported ($0.06) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.29) by $0.23, Fidelity Earnings reports. The company had revenue of $79.07 million during the quarter, compared to analysts’ expectations of $78.71 million. LivePerson had a negative return on equity of 33.89% and a negative net margin of 27.03%. LivePerson updated its FY 2020
After-Hours guidance to -1.64–1.54 EPS and its Q1 2020
After-Hours guidance to -0.53–0.51 EPS.

Shares of LivePerson stock traded down $11.02 during trading on Friday, reaching $33.96. The company’s stock had a trading volume of 7,655,057 shares, compared to its average volume of 808,702. The stock has a 50-day moving average price of $40.72 and a two-hundred day moving average price of $38.62. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 1.16. LivePerson has a one year low of $25.15 and a one year high of $45.21. The stock has a market capitalization of $2.96 billion, a P/E ratio of -28.07 and a beta of 0.87.

In related news, Director Peter Block sold 30,000 shares of LivePerson stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $45.00, for a total value of $1,350,000.00. Following the completion of the sale, the director now directly owns 16,000 shares in the company, valued at $720,000. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kevin Lavan sold 20,000 shares of LivePerson stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $37.37, for a total value of $747,400.00. Following the completion of the sale, the director now owns 26,000 shares of the company’s stock, valued at $971,620. The disclosure for this sale can be found here. Insiders sold 60,123 shares of company stock valued at $2,487,420 over the last ninety days. 9.70% of the stock is currently owned by company insiders.

A number of research analysts have issued reports on LPSN shares. ValuEngine cut LivePerson from a “buy” rating to a “hold” rating in a report on Tuesday, December 3rd. William Blair started coverage on LivePerson in a report on Friday, November 15th. They set an “outperform” rating for the company. Zacks Investment Research raised LivePerson from a “sell” rating to a “hold” rating in a report on Tuesday, January 14th. BidaskClub raised LivePerson from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Finally, Mizuho initiated coverage on LivePerson in a report on Thursday, January 9th. They issued a “buy” rating and a $45.00 price target for the company. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $43.13.

About LivePerson

LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.

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Earnings History for LivePerson (NASDAQ:LPSN)

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