LivePerson, Inc. (NASDAQ:LPSN) Receives Average Recommendation of "Reduce" from Brokerages

Shares of LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) have earned an average recommendation of "Reduce" from the five research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $0.88.

A number of brokerages have weighed in on LPSN. StockNews.com lowered shares of LivePerson from a "hold" rating to a "sell" rating in a research report on Thursday. Needham & Company LLC reiterated a "hold" rating on shares of LivePerson in a research note on Thursday, March 6th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. purchased a new stake in shares of LivePerson during the 4th quarter valued at $25,000. Avantax Advisory Services Inc. grew its holdings in shares of LivePerson by 89.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 19,006 shares of the technology company's stock valued at $29,000 after purchasing an additional 9,000 shares during the last quarter. Wolverine Trading LLC lifted its stake in LivePerson by 104.1% in the third quarter. Wolverine Trading LLC now owns 32,121 shares of the technology company's stock worth $40,000 after purchasing an additional 16,385 shares during the last quarter. Marshall Wace LLP bought a new position in shares of LivePerson during the fourth quarter valued at about $57,000. Finally, Raymond James Financial Inc. bought a new stake in shares of LivePerson in the 4th quarter valued at about $66,000. 79.83% of the stock is currently owned by institutional investors.

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LivePerson Stock Performance

LivePerson stock traded down $0.02 during trading on Monday, hitting $0.92. The stock had a trading volume of 982,413 shares, compared to its average volume of 3,083,490. The stock's 50 day moving average is $1.26 and its two-hundred day moving average is $1.13. LivePerson has a 1 year low of $0.45 and a 1 year high of $2.08. The stock has a market cap of $82.72 million, a price-to-earnings ratio of -0.60 and a beta of 1.51. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 10.24.

LivePerson (NASDAQ:LPSN - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The technology company reported ($1.27) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($1.23). LivePerson had a negative net margin of 18.72% and a negative return on equity of 111.48%. The firm had revenue of $73.21 million for the quarter, compared to analysts' expectations of $68.12 million. During the same period in the prior year, the company earned ($0.06) EPS. As a group, analysts predict that LivePerson will post -0.41 EPS for the current year.

About LivePerson

LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.