LiveRamp Holdings, Inc. (RAMP) – What Are Researchers Thinking About This Stock?

Shares of LiveRamp Holdings, Inc. (NYSE:RAMP) have earned an average recommendation of “Hold” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $40.21.

Several research analysts recently commented on RAMP shares. Weiss Ratings raised LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. DA Davidson restated a “neutral” rating on shares of LiveRamp in a report on Tuesday, August 11th.

Institutional Investors Weigh In On LiveRamp

Hedge funds have recently modified their holdings of the business. Signaturefd LLC boosted its stake in LiveRamp by 92.7% during the third quarter. Signaturefd LLC now owns 1,501 shares of the company’s stock worth $56,000 after buying an additional 722 shares during the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in LiveRamp in the 3rd quarter valued at $481,000. Sterling Capital Management LLC grew its holdings in LiveRamp by 803.2% in the 3rd quarter. Sterling Capital Management LLC now owns 1,987 shares of the company’s stock valued at $75,000 after buying an additional 1,767 shares in the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of LiveRamp in the 3rd quarter worth $205,000. Finally, Fortitude Family Office LLC increased its stake in shares of LiveRamp by 6,027.3% in the 3rd quarter. Fortitude Family Office LLC now owns 2,696 shares of the company’s stock worth $101,000 after acquiring an additional 2,652 shares during the last quarter. 93.83% of the stock is currently owned by institutional investors and hedge funds.

LiveRamp Trading Down 0.0%

NYSE:RAMP opened at $38.23 on Tuesday. LiveRamp has a 12 month low of $21.71 and a 12 month high of $38.34. The stock has a 50 day moving average of $37.72 and a two-hundred day moving average of $35.92. The firm has a market cap of $2.32 billion, a P/E ratio of 15.67 and a beta of 1.27.

LiveRamp (NYSE:RAMP) last announced its earnings results on Wednesday, August 5th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $213.99 million during the quarter, compared to analysts’ expectations of $211.45 million. LiveRamp had a return on equity of 9.77% and a net margin of 18.71%. The business’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.44 earnings per share. On average, research analysts forecast that LiveRamp will post 2.04 earnings per share for the current year.

About LiveRamp

LiveRamp (NYSE: RAMP) is a technology company that provides data collaboration and identity solutions for marketers, advertisers, publishers and technology providers. Its platform helps organizations connect and activate customer and business data while supporting privacy-conscious marketing, measurement and analytics.

The company’s offerings include identity resolution, data onboarding, audience activation, measurement and data collaboration capabilities. LiveRamp also provides privacy-enhancing environments, commonly referred to as data clean rooms, that enable companies to analyze and share information without directly exposing sensitive customer data.