LivePerson, Inc. (NASDAQ:LPSN) Receives $1.32 Consensus Price Target from Analysts

LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) has received an average recommendation of "Hold" from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $1.32.

A number of research firms have commented on LPSN. Barclays lifted their price objective on shares of LivePerson from $0.75 to $1.00 and gave the stock an "underweight" rating in a research report on Thursday, August 1st. Craig Hallum upped their price target on shares of LivePerson from $1.25 to $1.40 and gave the company a "buy" rating in a research note on Thursday, August 1st. Needham & Company LLC reissued a "hold" rating on shares of LivePerson in a report on Thursday, August 1st. Finally, StockNews.com upgraded LivePerson from a "sell" rating to a "hold" rating in a report on Friday, September 6th.

LivePerson Stock Performance

Shares of LPSN stock traded up $0.09 on Friday, reaching $1.17. The stock had a trading volume of 1,422,925 shares, compared to its average volume of 3,063,067. LivePerson has a 12 month low of $0.45 and a 12 month high of $3.98. The firm has a market capitalization of $104.15 million, a price-to-earnings ratio of -0.62 and a beta of 1.79. The firm's 50-day moving average is $1.20 and its two-hundred day moving average is $0.90. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 7.04.

LivePerson (NASDAQ:LPSN - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The technology company reported ($0.74) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.58). LivePerson had a negative net margin of 24.23% and a negative return on equity of 101.10%. The business had revenue of $79.88 million during the quarter, compared to the consensus estimate of $77.62 million. On average, research analysts expect that LivePerson will post -0.41 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO John Deneen Collins sold 85,126 shares of LivePerson stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1.05, for a total value of $89,382.30. Following the completion of the sale, the chief financial officer now directly owns 287,604 shares in the company, valued at approximately $301,984.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other LivePerson news, EVP Monica L. Greenberg sold 34,441 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $1.12, for a total transaction of $38,573.92. Following the sale, the executive vice president now directly owns 181,607 shares in the company, valued at $203,399.84. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO John Deneen Collins sold 85,126 shares of the business's stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1.05, for a total transaction of $89,382.30. Following the completion of the transaction, the chief financial officer now owns 287,604 shares of the company's stock, valued at $301,984.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 211,775 shares of company stock worth $233,347 in the last quarter. Corporate insiders own 9.00% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Options Solutions LLC acquired a new stake in shares of LivePerson in the 4th quarter valued at $38,000. Point72 DIFC Ltd bought a new position in LivePerson in the second quarter valued at about $32,000. Retirement Planning Co of New England Inc. raised its stake in LivePerson by 45.0% during the first quarter. Retirement Planning Co of New England Inc. now owns 66,443 shares of the technology company's stock worth $66,000 after acquiring an additional 20,627 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in LivePerson during the second quarter worth about $57,000. Finally, Tidal Investments LLC acquired a new position in LivePerson during the first quarter worth about $98,000. 79.83% of the stock is owned by institutional investors.

LivePerson Company Profile

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.