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

Liveperson Inc [NASDAQ: LPSN] traded at a high on Monday, posting a 27.54 gain after which it closed the day’ session at $1.76.

The results of the trading session contributed to over 11234989 shares changing hands. Over the past one week, the price volatility of Liveperson Inc stands at 15.21% while the volatility over the past one month is 17.79%.

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The market cap for LPSN stock reached $156.68 million, with 87.84 million shares outstanding and 69.65 million shares in the current float. Compared to the average trading volume of 3.31M shares, LPSN reached a trading volume of 11234989 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $1.10 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 0.18, with the Price to Sales ratio for LPSN stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 2.35, with the Price to Cash per share for the same quarter was set at 1.64.

How has LPSN stock performed recently?

Liveperson Inc [LPSN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 64.49. With this latest performance, LPSN shares gained by 77.78% in over the last four-week period, additionally sinking by -29.88% over the last 6 months – not to mention a drop of -57.79% 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 70.30, with the RSI for the last a single of trading hit 74.13, and the three-weeks RSI is set at 67.94 for Liveperson Inc [LPSN]. The present Moving Average for the last 50 days of trading for this stock 0.9421, while it was recorded at 1.4440 for the last single week of trading, and 1.7394 for the last 200 days.

Liveperson Inc [LPSN]: Deeper insight into the fundamentals

Liveperson Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.36 and a Current Ratio set at 1.36.

Earnings analysis for Liveperson Inc [LPSN]

With the latest financial reports released by the company, Liveperson Inc posted -0.68/share EPS, while the average EPS was predicted by analysts to be reported at -0.19/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.49. 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 15.00%.

Insider trade positions for Liveperson Inc [LPSN]

The top three institutional holders of LPSN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in LPSN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in LPSN stock with ownership which is approximately 5.1238%.

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