LivePerson, Inc. (NASDAQ:LPSN) Receives $0.88 Consensus Price Target from Analysts

Shares of LivePerson, Inc. (NASDAQ:LPSN) have earned a consensus rating of “Reduce” from the five analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $0.88.

Several equities research analysts have recently issued reports on the company. Needham & Company LLC restated a “hold” rating on shares of LivePerson in a report on Thursday, March 6th. StockNews.com lowered LivePerson from a “hold” rating to a “sell” rating in a research note on Tuesday, March 4th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its stake in LivePerson by 3.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 402,345 shares of the technology company’s stock worth $515,000 after acquiring an additional 15,032 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in LivePerson during the fourth quarter valued at approximately $68,000. Wolverine Trading LLC grew its stake in LivePerson by 104.1% during the third quarter. Wolverine Trading LLC now owns 32,121 shares of the technology company’s stock worth $40,000 after buying an additional 16,385 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of LivePerson in the third quarter worth $513,000. Finally, XTX Topco Ltd raised its stake in shares of LivePerson by 1,162.0% in the 3rd quarter. XTX Topco Ltd now owns 210,770 shares of the technology company’s stock valued at $270,000 after acquiring an additional 194,069 shares during the period. 79.83% of the stock is owned by hedge funds and other institutional investors.

LivePerson Trading Up 9.8 %

Shares of LPSN stock opened at $0.93 on Monday. The company has a market capitalization of $84.20 million, a price-to-earnings ratio of -0.61 and a beta of 1.51. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 10.24. The firm has a 50-day moving average price of $1.26 and a 200 day moving average price of $1.13. LivePerson has a twelve month low of $0.45 and a twelve month high of $2.08.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings data on Wednesday, March 5th. The technology company reported ($1.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($1.23). The firm had revenue of $73.21 million for the quarter, compared to analysts’ expectations of $68.12 million. LivePerson had a negative net margin of 18.72% and a negative return on equity of 111.48%. During the same period in the previous year, the company posted ($0.06) EPS. Research analysts forecast that LivePerson will post -0.41 earnings per share for the current fiscal year.

LivePerson Company Profile

LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.