In today’s recent session, 0.81 million shares of the Liveperson Inc (NASDAQ:LPSN) have been traded, and its beta is 1.48. Most recently the company’s share price was $1.38, and it changed around -$0.03 or -2.48% from the last close, which brings the market valuation of the company to $124.92M. LPSN at last check was trading at a discount to its 52-week high of $2.84, offering almost -105.8% off that amount. The share price’s 52-week low was $0.45, which indicates that the recent value has risen by an impressive 67.39% since then. We note from Liveperson Inc’s average daily trading volume that its 10-day average is 2.53 million shares, with the 3-month average coming to 4.09 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 been showing red trend so far today with a performance of -2.48% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.4750 on recent trading dayincreased the stock’s daily price by 6.44%. The company’s shares are currently down -9.54% year-to-date, but still up 1.85% over the last five days. On the other hand, Liveperson Inc (NASDAQ:LPSN) is 1.85% up in the 30-day period. We can see from the shorts that 9.16 million shares have been sold at a short interest cover period of 1.16 day(s).
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 80.29% from its current value. Analyst projections state that LPSN is forecast to be at a low of $1 and a high of $20.
Liveperson Inc (LPSN) estimates and forecasts
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 68.12M in revenue for the current quarter. 5 analysts expect Liveperson Inc to make 65.95M 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 -28.65%. Forecasts for the next quarter put sales growth at -22.54%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.76%.
Liveperson Inc (NASDAQ:LPSN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.27% of Liveperson Inc shares, and 37.21% of them are in the hands of institutional investors. The stock currently has a share float of 41.01%. Liveperson Inc stock is held by 92.0 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 $3.52 million, making up 2.76% of all outstanding shares. On the other hand, Vanguard Information Technology Index Fund held roughly 1.72 shares worth around $2.44 million, which represents about 1.91% of the total shares outstanding.
