Media headlines about LivePerson (NASDAQ:LPSN) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. LivePerson earned a news impact score of 0.14 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.9447678458571 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several analysts have recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and set a $16.00 price objective on shares of LivePerson in a report on Wednesday, November 1st. B. Riley initiated coverage on LivePerson in a research report on Thursday. They set a “buy” rating and a $16.50 target price for the company. Ladenburg Thalmann Financial Services reiterated a “buy” rating and issued a $17.50 price objective (up previously from $15.00) on shares of LivePerson in a report on Tuesday, October 10th. Northland Securities reiterated a “buy” rating and issued a $15.00 price objective on shares of LivePerson in a report on Friday, September 1st. Finally, Benchmark upped their price objective on LivePerson from $14.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $15.23.
Shares of LivePerson (NASDAQ:LPSN) traded up $0.50 during mid-day trading on Friday, hitting $12.30. The company’s stock had a trading volume of 865,093 shares, compared to its average volume of 409,638. LivePerson has a 52-week low of $5.43 and a 52-week high of $15.10.
LivePerson (NASDAQ:LPSN) last posted its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.05 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.05. LivePerson had a negative return on equity of 4.41% and a negative net margin of 11.07%. The firm had revenue of $54.49 million during the quarter, compared to analyst estimates of $54.55 million. During the same period last year, the company posted ($0.02) EPS. The business’s quarterly revenue was down .1% on a year-over-year basis. equities research analysts expect that LivePerson will post -0.02 earnings per share for the current year.
In other LivePerson news, CEO Robert P. Locascio sold 2,572 shares of the business’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $13.66, for a total transaction of $35,133.52. Following the sale, the chief executive officer now owns 76,435 shares of the company’s stock, valued at approximately $1,044,102.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dustin Dean sold 2,500 shares of the business’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $14.35, for a total transaction of $35,875.00. The disclosure for this sale can be found here. Insiders sold a total of 9,374 shares of company stock worth $129,989 in the last 90 days. Company insiders own 11.40% of the company’s stock.
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LivePerson, Inc (Liveperson) is a provider of mobile and online business messaging technologies that power digital communication between brands and consumers. The Company’s segments include Business and Consumer. The Business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine.
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