LivePerson (LPSN) to Release Quarterly Earnings on Thursday

LivePerson (NASDAQ:LPSN - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

LivePerson (NASDAQ:LPSN - Get Free Report) last released its earnings results on Wednesday, July 31st. The technology company reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.58). LivePerson had a negative return on equity of 101.10% and a negative net margin of 24.23%. The company had revenue of $79.88 million for the quarter, compared to analyst estimates of $77.62 million. On average, analysts expect LivePerson to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

LivePerson Stock Down 2.9 %

LPSN traded down $0.04 on Thursday, hitting $1.18. 1,596,245 shares of the company were exchanged, compared to its average volume of 2,940,266. LivePerson has a twelve month low of $0.45 and a twelve month high of $3.98. The company has a market cap of $104.12 million, a price-to-earnings ratio of -0.84 and a beta of 1.79. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 7.04. The firm has a 50-day moving average price of $1.16 and a two-hundred day moving average price of $0.93.

Wall Street Analysts Forecast Growth

LPSN has been the subject of several analyst reports. Craig Hallum boosted their target price on LivePerson from $1.25 to $1.40 and gave the stock a "buy" rating in a research note on Thursday, August 1st. Barclays boosted their target price on LivePerson from $0.75 to $1.00 and gave the stock an "underweight" rating in a research note on Thursday, August 1st. StockNews.com raised LivePerson from a "sell" rating to a "hold" rating in a research report on Friday, September 6th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of LivePerson in a research report on Thursday, August 1st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, LivePerson has an average rating of "Hold" and an average price target of $1.32.

Insider Activity

In other news, CAO Jeffrey Ford sold 21,935 shares of the business's stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $1.14, for a total value of $25,005.90. Following the completion of the sale, the chief accounting officer now directly owns 378,707 shares of the company's stock, valued at approximately $431,725.98. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other LivePerson news, CAO Jeffrey Ford sold 21,935 shares of the company's stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $1.14, for a total transaction of $25,005.90. Following the completion of the sale, the chief accounting officer now directly owns 378,707 shares of the company's stock, valued at $431,725.98. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Monica L. Greenberg sold 34,441 shares of the company's stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1.12, for a total value of $38,573.92. Following the sale, the executive vice president now directly owns 181,607 shares of the company's stock, valued at approximately $203,399.84. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 225,237 shares of company stock valued at $246,745. Insiders own 9.00% of the company's stock.

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.