Liveperson Inc [LPSN] stock Downgrade by ROTH MKM analyst, price target now $2

Liveperson Inc [NASDAQ: LPSN] closed the trading session at $1.27. The company report on February 28, 2024 at 4:30 PM that LivePerson Announces Fourth Quarter 2023 Financial Results.

— Total Revenue of $95.5M, above the midpoint of our guidance range –.

— Adjusted EBITDA above the midpoint of our guidance range  –.

The stocks have a year to date performance of -66.49 percent and weekly performance of -46.64 percent. The stock has been moved at -67.60 percent over the last six months. The stock has performed -56.51 percent around the most recent 30 days and changed -57.67 percent over the most recent 3-months.

If compared to the average trading volume of 1.48M shares, LPSN reached to a volume of 18604803 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Liveperson Inc [LPSN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LPSN shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LPSN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

ROTH MKM have made an estimate for Liveperson Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 29, 2024. The new note on the price target was released on August 09, 2023, representing the official price target for Liveperson Inc stock. Previously, the target price had yet another raise to $7, while Craig Hallum analysts kept a Buy rating on LPSN stock. On July 12, 2023, analysts increased their price target for LPSN shares from 3 to 6.

The Average True Range (ATR) for Liveperson Inc is set at 0.25, with the Price to Sales ratio for LPSN stock in the period of the last 12 months amounting to 0.24. The Price to Book ratio for the last quarter was 2.21, with the Price to Cash per share for the same quarter was set at 2.65.

LPSN stock trade performance evaluation

Liveperson Inc [LPSN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -46.64. With this latest performance, LPSN shares dropped by -56.51% in over the last four-week period, additionally sinking by -67.60% over the last 6 months – not to mention a drop of -87.45% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LPSN stock in for the last two-week period is set at 18.44, with the RSI for the last a single of trading hit 13.38, and the three-weeks RSI is set at 23.19 for Liveperson Inc [LPSN]. The present Moving Average for the last 50 days of trading for this stock 3.00, while it was recorded at 2.25 for the last single week of trading, and 3.60 for the last 200 days.

Liveperson Inc [LPSN]: An insightful look at the core fundamentals

Liveperson Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.15 and a Current Ratio set at 1.15.

Earnings per share (EPS) analysis for Liveperson Inc [LPSN] stock

With the latest financial reports released by the company, Liveperson Inc posted -0.55/share EPS, while the average EPS was predicted by analysts to be reported at -0.22/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -150.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LPSN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Liveperson Inc go to 25.00%.

Liveperson Inc [LPSN]: Institutional Ownership

The top three institutional holders of LPSN stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in LPSN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in LPSN stock with ownership which is approximately 5.8325%.