In the last trading session, 1.94 million shares of the Liveperson Inc (NASDAQ:LPSN) were traded, and its beta was 1.60. Most recently the company’s share price was $1.33, and it changed around -$0.05 or -3.62% from the last close, which brings the market valuation of the company to $120.83M. LPSN currently trades at a discount to its 52-week high of $3.29, offering almost -147.37% off that amount. The share price’s 52-week low was $0.45, which indicates that the current value has risen by an impressive 66.17% since then. We note from Liveperson Inc’s average daily trading volume that its 10-day average is 5.84 million shares, with the 3-month average coming to 3.76 million.
Liveperson Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.33. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended LPSN as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight. Liveperson Inc is expected to report earnings per share of -0.05 for the current quarter.
Liveperson Inc (NASDAQ:LPSN) trade information
Instantly LPSN has showed a red trend with a performance of -3.62% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.4395 on recent trading dayincreased the stock’s daily price by 7.61%. The company’s shares are currently down -12.50% year-to-date, but still down -6.34% over the last five days. On the other hand, Liveperson Inc (NASDAQ:LPSN) is 56.47% up in the 30-day period. We can see from the shorts that 9.81 million shares have been sold at a short interest cover period of 2.01 day(s).
The consensus price target as assigned by Wall Street analysts is $1, which translates to bulls needing to decrease their stock price by -33.0% from its current value. Analyst projections state that LPSN is forecast to be at a low of $1 and a high of $1.
Liveperson Inc (LPSN) estimates and forecasts
Liveperson Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 25.47 percent over the past six months and at a -5.88% annual growth rate that is well below the industry average of 19.80%. The year-over-year growth rate is expected to be -23.53%, down from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 68.13M in revenue for the current quarter. 5 analysts expect Liveperson Inc to make 65.96M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 95.47M and 85.15M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -28.64%. Forecasts for the next quarter put sales growth at -22.53%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.76%.
LPSN Dividends
Liveperson Inc’s next quarterly earnings report is expected to be released in February.
Liveperson Inc (NASDAQ:LPSN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.23% of Liveperson Inc shares, and 37.64% of them are in the hands of institutional investors. The stock currently has a share float of 41.46%. Liveperson Inc stock is held by 95.0 institutions, with VECTOR CAPITAL MANAGEMENT, L.P. being the largest institutional investor. By 2024-06-30, it held 12.3743% of the shares, which is about 10.9 million shares worth $6.33 million.
VANGUARD GROUP INC, with 8.1918% or 7.22 million shares worth $4.19 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Information Technology Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 2.49 shares worth $3.31 million, making up 2.76% of all outstanding shares. On the other hand, Vanguard Information Technology Index Fund held roughly 1.76 shares worth around $2.34 million, which represents about 1.95% of the total shares outstanding.
