Liveperson Inc (NASDAQ:LPSN) price on current trading day, rose 0.12% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.08.
A look at the stock’s price movement, the level at last check in today’s session was $1.08. Turning to its 52-week performance, $2.61 and $0.45 were the 52-week high and 52-week low respectively. Overall, LPSN moved -19.31% over the past month.
Liveperson Inc’s market cap currently stands at around $98.24 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 68.12M for the company’s revenue for the quarter, with a low and high estimate of 67.3M and 68.5M respectively. The average forecast suggests down to a -28.65% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 307.4M, representing a -23.53% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LPSN is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
16 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 9 recommend LPSN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
LPSN’s current price about -13.81% and -13.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.47, while 7-day volatility ratio is 6.44% and 7.14% in the 30-day chart. Further, Liveperson Inc (LPSN) has a beta value of 1.53, and an average true range (ATR) of 0.10. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $1 and high of $20. Looking at the price targets, the low is 7.41% off recent price level in today’s trading while to achieve the yearly target high, it has to move -1751.85%. Nonetheless, investors will most likely welcome a -548.15% jump to $7 which is the analysts’ median price.
If we refocus on Liveperson Inc (NASDAQ:LPSN), historical trading data shows that trading volumes averaged 3.92 million over the past 3 months. The company’s latest data on shares outstanding shows there are 90.31 million shares.
The 19.41% of Liveperson Inc’s shares are in the hands of company insiders while institutional holders own 22.27% of the company’s shares. Current price change has pushed the stock -28.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LPSN stock continues to rise going into the next quarter.
