Liveperson Inc (NASDAQ: LPSN) Fell -1552.89%, Predicting What To Expect In The Near Future

During the last session, Liveperson Inc (NASDAQ:LPSN)’s traded shares were 2.03 million, with the beta value of the company hitting 1.79. At the end of the trading day, the stock’s price was $1.21, reflecting an intraday gain of 0.83% or $0.01. The 52-week high for the LPSN share is $3.98, that puts it down -228.93 from that peak though still a striking 62.81% gain since the share price plummeted to a 52-week low of $0.45. The company’s market capitalization is $109.21M, and the average intraday trading volume over the past 10 days was 1.26 million shares, and the average trade volume was 2.45 million shares over the past three months.

Liveperson Inc (LPSN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. LPSN has a Sell rating from 1 analyst(s) out of 16 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.22.

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Liveperson Inc (NASDAQ:LPSN) trade information

Liveperson Inc (LPSN) registered a 0.83% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.83% in intraday trading to $1.21, hitting a weekly high. The stock’s 5-day price performance is 2.54%, and it has moved by 8.04% in 30 days. Based on these gigs, the overall price performance for the year is -52.36%. The short interest in Liveperson Inc (NASDAQ:LPSN) is 9.46 million shares and it means that shorts have 4.83 day(s) to cover.

The consensus price target of analysts on Wall Street is $7, which implies an increase of 82.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $20 respectively. As a result, LPSN is trading at a discount of -1552.89% off the target high and 17.36% off the low.

Liveperson Inc (LPSN) estimates and forecasts

Statistics show that Liveperson Inc has outperformed its competitors in share price, compared to the industry in which it operates. Liveperson Inc (LPSN) shares have gone up 138.38% during the last six months, with a year-to-date growth rate more than the industry average at 11.76% against 5.40. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 67.60% this quarter and then jump 66.70% in the quarter after that. In the rating firms’ projections, revenue will decrease -23.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 71.13M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 71.26M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 101.33M and 95.47M respectively. In this case, analysts expect current quarter sales to shrink by -29.80% and then drop by -25.40% 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 -138.73% in 2024, the next five years will return 15.00% per annum.

LPSN Dividends

Liveperson Inc is due to release its next quarterly earnings in November. 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 9.03% of total outstanding shares while institutional holders control 50.22%, with the float percentage being 55.20%. VECTOR CAPITAL MANAGEMENT, L.P. is the largest shareholder of the company, while 113.0 institutions own stock in it. As of 2024-06-30, the company held over 10.9 million shares (or 12.3743% of all shares), a total value of $6.33 million in shares.

The next largest institutional holding, with 7.22 million shares, is of VANGUARD GROUP INC’s that is approximately 8.1918% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.19 million.