During the recent session, Liveperson Inc (NASDAQ:LPSN)’s traded shares were 1.34 million, with the beta value of the company hitting 1.51. At the last check today, the stock’s price was $0.79, reflecting an intraday loss of -5.57% or -$0.04. The 52-week high for the LPSN share is $6.41, that puts it down -711.39 from that peak though still a striking -5.06% loss since the share price plummeted to a 52-week low of $0.83. The company’s market capitalization is $69.45M, and the average intraday trading volume over the past 10 days was 2.71 million shares, and the average trade volume was 2.51 million shares over the past three months.
Liveperson Inc (NASDAQ:LPSN) trade information
Liveperson Inc (LPSN) registered a -5.57% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.57% in intraday trading to $0.79, hitting a weekly high. The stock’s 5-day price performance is -20.97%, and it has moved by -21.96% in 30 days. Based on these gigs, the overall price performance for the year is -82.83%. The short interest in Liveperson Inc (NASDAQ:LPSN) is 6.6 million shares and it means that shorts have 1.69 day(s) to cover.
Liveperson Inc (LPSN) estimates and forecasts
Statistics show that Liveperson Inc has underperformed its competitors in share price, compared to the industry in which it operates. Liveperson Inc (LPSN) shares have gone down -76.54% during the last six months, with a year-to-date growth rate less than the industry average at -35.29% against 17.80. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -34.80% this quarter and then drop -225.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -23.40% compared to the previous financial year.
Revenue for the current quarter is expected to be $80.71 million as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $76.67 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $107.66 million and $97.52 million respectively. In this case, analysts expect current quarter sales to shrink by -25.00% and then drop by -21.40% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -24.76%. While earnings are projected to return -102.92% in 2024, the next five years will return 15.00% per annum.
LPSN Dividends
Liveperson Inc is due to release its next quarterly earnings between May 07 and May 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Liveperson Inc (NASDAQ:LPSN)’s Major holders
Liveperson Inc insiders own 10.59% of total outstanding shares while institutional holders control 80.16%, with the float percentage being 89.66%. Vanguard Group Inc is the largest shareholder of the company, while 183 institutions own stock in it. As of Jun 29, 2023, the company held over 8.3 million shares (or 10.64% of all shares), a total value of $37.5 million in shares.
The next largest institutional holding, with 7.7 million shares, is of Blackrock Inc.’s that is approximately 9.87% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $34.81 million.
Also, the Mutual Funds coming in first place with the largest holdings of Liveperson Inc (LPSN) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 2.16 million shares. This amounts to just over 2.77 percent of the company’s overall shares, with a $9.77 million market value. The same data shows that the other fund manager holds slightly less at 1.5 million, or about 1.92% of the stock, which is worth about $6.31 million.
