LiveRamp Holdings, Inc. (NYSE:RAMP) has a beta value of 1.35 and has seen 535,323 shares traded in the last trading session. The company, currently valued at $3.9 Billion, closed the last trade at $58.81 per share which meant it lost -$0.86 on the day or -1.44% during that session. The RAMP stock price is -36.15% off its 52-week high price of $80.07 and 60.14% above the 52-week low of $23.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.06 Million shares traded. The 3-month trading volume is 582.12 Million shares.
The consensus among analysts is that LiveRamp Holdings, Inc. (RAMP) is a Buy stock at the moment, with a recommendation rating of 2.1. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 12 have rated it as a Hold, with 11 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.08.
LiveRamp Holdings, Inc. (NYSE:RAMP) trade information
Despite being -1.44% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Nov 17 when the RAMP stock price touched $64.09- or saw a rise of 8.24%. Year-to-date, LiveRamp Holdings, Inc. shares have moved 22.34%, while the 5-day performance has seen it change -2.18%. Over the past 30 days, the shares of LiveRamp Holdings, Inc. (NYSE:RAMP) have changed -1.19%. Short interest in the company has seen 1.81 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $79.73, which means that the shares’ value could jump 35.57% from current levels. The projected low price target is $64 while the price target rests at a high of $90. In that case, then, we find that the current price level is +53.04% off the targeted high while a plunge would see the stock lose 8.83% from current levels.
LiveRamp Holdings, Inc. (RAMP) estimates and forecasts
Figures show that LiveRamp Holdings, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +24.73% over the past 6 months, with this year growth rate of -114.55%, compared to 8.1% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 366.7% and 60% for the next quarter. Revenue growth from the last financial year stood is estimated to be +13.1%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -40% over the past 5 years. Earnings growth for 2020 is a modest -3.5% while over the next 5 years, the company’s earnings are expected to increase by 21.5%.
LiveRamp Holdings, Inc. (NYSE:RAMP)’s Major holders
Insiders own 3.36% of the company shares, while shares held by institutions stand at 98.5% with a share float percentage of 101.92%. Investors are also buoyed by the number of investors in a company, with LiveRamp Holdings, Inc. having a total of 308 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 7.05 Million shares worth more than $364.75 Million. As of September 29, 2020, Blackrock Inc. held 10.62% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 5.82 Million shares as of September 29, 2020. The firm’s total holdings are worth over $301.45 Million and represent 8.78% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Janus Henderson Triton Fund and Vanguard Total Stock Market Index Fund. As of June 29, 2020, the former fund manager holds about 3.25% shares in the company for having 2154523 shares of worth $91.5 Million while later fund manager owns 1.78 Million shares of worth $75.61 Million as of June 29, 2020, which makes it owner of about 2.68% of company’s outstanding stock.