LivePerson (LPSN) to Release Earnings on Wednesday

LivePerson (NASDAQ:LPSN) is projected to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $68.12 million for the quarter.

LivePerson Stock Performance

Shares of LPSN opened at $1.26 on Wednesday. LivePerson has a one year low of $0.45 and a one year high of $2.73. The company has a market cap of $113.73 million, a PE ratio of -0.82 and a beta of 1.59. The stock has a 50-day moving average of $1.23 and a 200-day moving average of $1.16. The company has a debt-to-equity ratio of 10.24, a current ratio of 1.27 and a quick ratio of 1.27.

Analysts Set New Price Targets

LPSN has been the subject of several recent research reports. Craig Hallum downgraded LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price objective for the company. in a report on Friday, November 8th. StockNews.com upgraded shares of LivePerson from a “sell” rating to a “hold” rating in a research note on Saturday, November 16th. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1.25.

Insider Buying and Selling at LivePerson

In related news, CFO John Deneen Collins sold 130,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $0.85, for a total transaction of $110,500.00. Following the completion of the sale, the chief financial officer now owns 997,604 shares in the company, valued at approximately $847,963.40. This trade represents a 11.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Bruce Edward Hansen sold 84,944 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $0.85, for a total transaction of $72,202.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 227,848 shares of company stock worth $203,091. Insiders own 9.00% of the company’s stock.

LivePerson Company Profile

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.