Liveperson Inc (NASDAQ: LPSN) Could Post Excellent Profits?

In the last trading session, 0.83 million shares of the Liveperson Inc (NASDAQ:LPSN) were traded, and its beta was 1.60. Most recently the company’s share price was $1.00, and it changed around -$0.04 or -3.85% from the last close, which brings the market valuation of the company to $90.85M. LPSN currently trades at a discount to its 52-week high of $2.08, offering almost -108.0% off that amount. The share price’s 52-week low was $0.45, which indicates that the current value has risen by an impressive 55.0% since then.

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 -3.85% 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 1.1300 on recent trading dayincreased the stock’s daily price by 11.5%. The company’s shares are currently down -34.21% year-to-date, but still down -6.54% over the last five days. On the other hand, Liveperson Inc (NASDAQ:LPSN) is -30.56% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 85.71% 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

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 $2.54 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 $1.76 million, which represents about 1.91% of the total shares outstanding.