In the last trading session, 2.48 million Liveperson Inc (NASDAQ:LPSN) shares changed hands as the company’s beta touched 1.50. With the company’s per share price at $1.01 changed hands at -$0.01 or -0.49% during last session, the market valuation stood at $89.43M. LPSN’s last price was a discount, traded about -534.65% off its 52-week high of $6.41. The share price had its 52-week low at $0.96, which suggests the last value was 4.95% up since then. When we look at Liveperson Inc’s average trading volume, we note the 10-day average is 3.03 million shares, with the 3-month average coming to 2.35 million.
Liveperson Inc (NASDAQ:LPSN) trade information
Instantly LPSN was in red as seen at the end of in last trading. With action -0.49%, the performance over the past five days has been red. The drop to weekly highs of 1.1750 subtracted -0.49% to the stock’s daily price. The company’s shares are showing year-to-date downside of -73.22%, with the 5-day performance at -0.49% in the red. However, in the 30-day time frame, Liveperson Inc (NASDAQ:LPSN) is -57.35% down. Looking at the short shares, we see there were 4.92 million shares sold at short interest cover period of 2.3 days.
Liveperson Inc (LPSN) estimates and forecasts
Data shows that the Liveperson Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -77.14% over the past 6 months, a -35.29% in annual growth rate that is considerably lower than the industry average of 25.00%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Liveperson Inc will fall -34.80%, while the growth in revenue is estimated to hit -225.00% for the next quarter. Year-over-year growth is forecast to reach -23.70% down from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of $80.59 million. 8 analysts are of the opinion that Liveperson Inc’s revenue for the quarter ending Jun 2024 will be $76.25 million. The company’s revenue for the corresponding quarters a year ago was $107.66 million and $97.52 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -25.10%. The estimates for the next quarter sales put growth at -21.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -24.76%. The 2024 estimates are for Liveperson Inc earnings to decrease by -102.92%, but the outlook for the next 5-year period is at 15.00% per year.
LPSN Dividends
Liveperson Inc is expected to release its next quarterly earnings report between May 07 and May 13.
Liveperson Inc (NASDAQ:LPSN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.60% of Liveperson Inc shares while 80.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 89.69%. There are 80.19% institutions holding the Liveperson Inc stock share, with Vector Capital Management, L.P. the top institutional holder. As of Dec 30, 2023, the company held 11.11% of the shares, roughly 9.79 million LPSN shares worth $9.93 million.
Vanguard Group Inc holds the second largest percentage of outstanding shares, with 9.23% or 8.13 million shares worth $8.25 million as of Dec 30, 2023.
Among Mutual Funds, the top two as of Dec 30, 2023 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 2.16 million shares estimated at $2.19 million under it, the former controlled 2.45% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.28% of the shares, roughly 2.01 million shares worth around $2.04 million.
