Analysts Set LiveVox Holdings, Inc. (NASDAQ:LVOX) Price Target at $6.83

Shares of LiveVox Holdings, Inc. (NASDAQ:LVOXGet Rating) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $6.83.

Separately, Piper Sandler lowered their price target on shares of LiveVox from $6.00 to $4.00 and set an “overweight” rating for the company in a research note on Wednesday, July 13th.

Institutional Trading of LiveVox

Hedge funds have recently added to or reduced their stakes in the business. G2 Investment Partners Management LLC increased its position in shares of LiveVox by 246.3% in the first quarter. G2 Investment Partners Management LLC now owns 620,137 shares of the company’s stock valued at $1,873,000 after acquiring an additional 441,083 shares during the period. Greenhaven Road Investment Management L.P. purchased a new position in shares of LiveVox in the fourth quarter valued at about $773,000. Qube Research & Technologies Ltd purchased a new position in shares of LiveVox in the first quarter valued at about $77,000. Leonard Green & Partners L.P. increased its position in shares of LiveVox by 80.0% during the fourth quarter. Leonard Green & Partners L.P. now owns 900,000 shares of the company’s stock valued at $4,635,000 after buying an additional 400,000 shares during the period. Finally, Corsair Capital Management L.P. purchased a new position in shares of LiveVox during the fourth quarter valued at about $13,026,000. 88.64% of the stock is owned by institutional investors.

LiveVox Stock Performance

NASDAQ LVOX opened at $2.42 on Friday. LiveVox has a 52-week low of $1.40 and a 52-week high of $7.06. The company has a debt-to-equity ratio of 0.51, a quick ratio of 5.12 and a current ratio of 5.12. The company has a market capitalization of $241.69 million, a P/E ratio of -4.75 and a beta of -0.25. The company has a fifty day moving average of $2.06 and a 200-day moving average of $2.40.

LiveVox (NASDAQ:LVOXGet Rating) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). LiveVox had a negative return on equity of 39.24% and a negative net margin of 36.83%. The company had revenue of $32.99 million for the quarter, compared to the consensus estimate of $33.67 million. As a group, equities research analysts predict that LiveVox will post -0.41 EPS for the current fiscal year.

LiveVox Company Profile

(Get Rating)

LiveVox, Inc develops and provides cloud contact center software for businesses. Its products include Four Clouds, an outbound voice solution that enables to manage regulatory requirements with the option of three manual and one automated outbound dialing system; bundles, including two-way messaging, outbound campaigns and compliance, speech analytics, inbound contact center, and cloud interactive voice response (IVR) solutions; inbound voice solutions, which comprise automatic call distributor, IVR, and wallboards; and blended omnichannel solutions, such as voice, email, SMS, virtual agents, and webchat.

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Analyst Recommendations for LiveVox (NASDAQ:LVOX)

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