LivePerson (LPSN) Scheduled to Post Earnings on Thursday

LivePerson (NASDAQ:LPSN) is scheduled to be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

LivePerson (NASDAQ:LPSN) last posted its quarterly earnings data 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 net margin of 24.23% and a negative return on equity of 101.10%. The business had revenue of $79.88 million during the quarter, compared to analysts’ expectations 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 Up 0.8 %

LPSN stock opened at $1.21 on Thursday. LivePerson has a fifty-two week low of $0.45 and a fifty-two week high of $3.98. The company’s 50 day moving average price is $1.16 and its 200 day moving average price is $0.93. The firm has a market capitalization of $107.22 million, a price-to-earnings ratio of -0.84 and a beta of 1.79. The company has a debt-to-equity ratio of 7.04, a quick ratio of 1.36 and a current ratio of 1.36.

Insider Buying and Selling

In other LivePerson news, CFO John Deneen Collins sold 85,126 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1.05, for a total transaction of $89,382.30. Following the completion of the transaction, the chief financial officer now directly owns 287,604 shares in the company, valued at approximately $301,984.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CFO John Deneen Collins sold 85,126 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1.05, for a total value of $89,382.30. Following the completion of the transaction, the chief financial officer now directly owns 287,604 shares of the company’s stock, valued at $301,984.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Monica L. Greenberg sold 34,441 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president now owns 181,607 shares in the company, valued at $203,399.84. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 225,237 shares of company stock worth $246,745 in the last three months. Corporate insiders own 9.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on LPSN shares. StockNews.com raised LivePerson from a “sell” rating to a “hold” rating in a report on Friday, September 6th. Craig Hallum lifted their price objective on LivePerson from $1.25 to $1.40 and gave the company a “buy” rating in a report on Thursday, August 1st. Needham & Company LLC reissued a “hold” rating on shares of LivePerson in a research note on Thursday, August 1st. Finally, Barclays lifted their price target on LivePerson from $0.75 to $1.00 and gave the company an “underweight” rating in a research note on Thursday, August 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, LivePerson presently has an average rating of “Hold” and an average price target of $1.32.

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.