Liveperson Inc (NASDAQ: LPSN) Stocks Fall -73.68% YTD; What Next For It?

Liveperson Inc (NASDAQ:LPSN)’s traded shares stood at 3.09 million during the last session, with the company’s beta value hitting 1.50. At the close of trading, the stock’s price was $1.00, to imply a decrease of -6.79% or -$0.07 in intraday trading. The LPSN share’s 52-week high remains $6.41, putting it -541.0% down since that peak but still an impressive 4.0% since price per share fell to its 52-week low of $0.96. The company has a valuation of $87.88M, with an average of 2.5 million shares in intraday trading volume over the past 10 days and average of 2.37 million shares over the past 3 months.

Liveperson Inc (NASDAQ:LPSN) trade information

After registering a -6.79% downside in the last session, Liveperson Inc (LPSN) has traded red over the past five days. The stock hit a weekly high of 1.1100, dropping -6.79% in its intraday price action. The 5-day price performance for the stock is -2.22%, and -58.44% over 30 days. With these gigs, the year-to-date price performance is -73.68%. Short interest in Liveperson Inc (NASDAQ:LPSN) saw shorts transact 6.6 million shares and set a 1.69 days time to cover.

Liveperson Inc (LPSN) estimates and forecasts

Looking at statistics comparing Liveperson Inc share performance against respective industry, we note that the company has underperformed competitors. Liveperson Inc (LPSN) shares are -74.56% down over the last 6 months, with its year-to-date growth rate lower than industry average at -35.29% against 19.90%. Revenue is forecast to shrink -34.80% this quarter before falling -225.00% for the next one. The rating firms project that company’s revenue will shrink -23.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is $80.71 million. Meanwhile, for the quarter ending Jun 2024, a total of 6 analyst(s) estimate revenue growth to $76.67 million.Earnings reports from the last fiscal year show that sales brought in $107.66 million and $97.52 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -25.00% before dropping -21.40% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -24.76% for the past 5-year period. While 2024 is set for a -102.92% return in earnings, projections for the next 5 years are at 15.00% annually.

LPSN Dividends

Liveperson Inc has its next earnings report out between May 07 and May 13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Liveperson Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Liveperson Inc (NASDAQ:LPSN)’s Major holders

Liveperson Inc insiders hold 10.60% of total outstanding shares, with institutional holders owning 80.18% of the shares at 89.68% float percentage. In total, 80.18% institutions holds shares in the company, led by Vanguard Group Inc. As of Jun 29, 2023, the company held over 8.3 million shares (or 10.64% of shares), all amounting to roughly $37.5 million.

The next major institution holding the largest number of shares is Blackrock Inc. with 7.7 million shares, or about 9.87% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $34.81 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Liveperson Inc (LPSN) shares. Going by data provided on Jun 29, 2023, Vanguard Total Stock Market Index Fund holds roughly 2.16 million shares. This is just over 2.77% of the total shares, with a market valuation of $9.77 million. Data from the same date shows that the other fund manager holds a little less at 1.5 million, or 1.92% of the shares, all valued at about 6.31 million.