LiveRamp Holdings, Inc. (NYSE:RAMP) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seven ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $41.14.

Several research analysts have issued reports on the company. Macquarie reiterated an "outperform" rating and set a $43.00 price objective on shares of LiveRamp in a research note on Thursday, November 7th. StockNews.com upgraded shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Sunday, December 22nd. Wells Fargo & Company initiated coverage on shares of LiveRamp in a report on Monday, October 28th. They set an "equal weight" rating and a $25.00 price target for the company. Finally, Benchmark decreased their price objective on shares of LiveRamp from $48.00 to $42.00 and set a "buy" rating on the stock in a research note on Thursday, November 7th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Quarry LP grew its position in shares of LiveRamp by 4,575.0% during the 2nd quarter. Quarry LP now owns 935 shares of the company's stock worth $29,000 after buying an additional 915 shares during the period. DT Investment Partners LLC boosted its stake in LiveRamp by 62.6% in the third quarter. DT Investment Partners LLC now owns 1,415 shares of the company's stock valued at $35,000 after acquiring an additional 545 shares during the last quarter. GAMMA Investing LLC grew its holdings in LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after acquiring an additional 1,189 shares during the period. Quest Partners LLC raised its position in shares of LiveRamp by 68.8% during the 2nd quarter. Quest Partners LLC now owns 2,998 shares of the company's stock valued at $93,000 after acquiring an additional 1,222 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new position in shares of LiveRamp in the 3rd quarter valued at $92,000. Institutional investors and hedge funds own 93.83% of the company's stock.

LiveRamp Stock Performance

Shares of RAMP stock traded down $0.42 during mid-day trading on Tuesday, reaching $29.89. The company's stock had a trading volume of 545,178 shares, compared to its average volume of 373,770. The firm's 50-day moving average is $29.69 and its two-hundred day moving average is $27.87. The company has a market cap of $1.95 billion, a P/E ratio of 597.92 and a beta of 0.96. LiveRamp has a 1-year low of $21.45 and a 1-year high of $42.66.

LiveRamp (NYSE:RAMP - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.14. LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. The firm had revenue of $185.00 million during the quarter, compared to analyst estimates of $176.16 million. During the same quarter in the prior year, the business posted $0.21 earnings per share. The company's quarterly revenue was up 15.6% compared to the same quarter last year. Sell-side analysts anticipate that LiveRamp will post 0.36 EPS for the current year.

LiveRamp Company Profile

LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.