LivePerson (LPSN) Projected to Post Earnings on Wednesday

LivePerson (NASDAQ:LPSN) is projected to post its quarterly earnings results after the market closes on Wednesday, March 5th. Analysts expect LivePerson to post earnings of ($0.04) per share and revenue of $68.12 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

LivePerson Trading Down 3.7 %

NASDAQ:LPSN opened at $1.04 on Tuesday. LivePerson has a 52 week low of $0.45 and a 52 week high of $2.08. The firm has a 50 day moving average of $1.29 and a 200 day moving average of $1.15. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 10.24. The stock has a market capitalization of $93.87 million, a price-to-earnings ratio of -0.68 and a beta of 1.59.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Craig Hallum cut shares of LivePerson from a “buy” rating to a “hold” rating and set a $1.00 target price for the company. in a research report on Friday, November 8th. StockNews.com raised shares of LivePerson from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat, LivePerson has an average rating of “Hold” and a consensus price target of $0.88.

Insiders Place Their Bets

In other LivePerson news, Director Bruce Edward Hansen sold 84,944 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $0.85, for a total value of $72,202.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 9.00% of the company’s stock.

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.