Research Analysts’ Weekly Ratings Updates for LivePerson (LPSN)

LivePerson (NASDAQ: LPSN) has recently received a number of price target changes and ratings updates:

  • 1/8/2019 – LivePerson was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “
  • 1/1/2019 – LivePerson was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “
  • 12/28/2018 – LivePerson was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 12/25/2018 – LivePerson was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “
  • 12/21/2018 – LivePerson is now covered by analysts at Summit Insights. They set a “buy” rating and a $18.56 price target on the stock.
  • 12/14/2018 – LivePerson was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “
  • 12/5/2018 – LivePerson was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “
  • 11/27/2018 – LivePerson was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “
  • 11/21/2018 – LivePerson was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 11/20/2018 – LivePerson was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “
  • 11/13/2018 – LivePerson was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “LivePerson, Inc. is the leading provider of mobile and online messaging business solutions, enabling a meaningful connection between brands and consumers. LivePerson opens the new click-to-message ad extension to larger companies by adding three important dimensions. First, it tracks and distributes ad responses to teams that may be across geographies – essential for an ad campaign at a larger scale – and measures the results. LivePerson provides an optional, pay-for-performance team of people who can answer these SMS conversations and can handle many queries itself, or transfer them to in-house representatives where needed. LivePerson enables brands to manage message conversations from many media and communications channels in one solution and one workforce. This lets large advertisers scale without staffing pains, and has been shown to improve conversion rates when deployed. “

NASDAQ:LPSN opened at $20.03 on Friday. The firm has a market capitalization of $1.21 billion, a PE ratio of -333.83 and a beta of 0.90. LivePerson, Inc. has a 52 week low of $10.80 and a 52 week high of $27.40.

LivePerson (NASDAQ:LPSN) last issued its earnings results on Thursday, November 8th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.03). The business had revenue of $64.21 million for the quarter, compared to analyst estimates of $62.55 million. LivePerson had a negative net margin of 9.21% and a negative return on equity of 5.32%. LivePerson’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 earnings per share. On average, sell-side analysts anticipate that LivePerson, Inc. will post -0.12 earnings per share for the current year.

In related news, CEO Robert P. Locascio sold 45,837 shares of the stock in a transaction on Thursday, January 3rd. The shares were sold at an average price of $18.06, for a total transaction of $827,816.22. Following the transaction, the chief executive officer now directly owns 266,997 shares of the company’s stock, valued at $4,821,965.82. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Eran Vanounou sold 6,875 shares of the stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $22.80, for a total transaction of $156,750.00. Following the transaction, the insider now directly owns 20,625 shares in the company, valued at $470,250. The disclosure for this sale can be found here. Over the last three months, insiders have sold 96,070 shares of company stock worth $1,919,330. 11.50% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its stake in LivePerson by 8.2% during the third quarter. BlackRock Inc. now owns 8,453,719 shares of the technology company’s stock worth $219,373,000 after acquiring an additional 639,267 shares in the last quarter. Vanguard Group Inc. raised its holdings in LivePerson by 4.5% during the third quarter. Vanguard Group Inc. now owns 5,739,844 shares of the technology company’s stock worth $148,949,000 after buying an additional 247,448 shares during the last quarter. Vanguard Group Inc raised its holdings in LivePerson by 4.5% during the third quarter. Vanguard Group Inc now owns 5,739,844 shares of the technology company’s stock worth $148,949,000 after buying an additional 247,448 shares during the last quarter. FMR LLC raised its holdings in LivePerson by 7.2% during the third quarter. FMR LLC now owns 3,791,378 shares of the technology company’s stock worth $98,386,000 after buying an additional 255,264 shares during the last quarter. Finally, Vista Equity Partners Management LLC raised its holdings in LivePerson by 216.3% during the third quarter. Vista Equity Partners Management LLC now owns 939,605 shares of the technology company’s stock worth $24,383,000 after buying an additional 642,548 shares during the last quarter. 78.56% of the stock is currently owned by institutional investors and hedge funds.

LivePerson, Inc provides mobile and online business messaging solutions that power digital communication between brands and consumers. It operates in two segments, Business and Consumer. The Business segment facilitates real-time online interactions, such as chat, voice, and content delivery across multiple channels and screens for corporations of various sizes.

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