LiveRamp Holdings, Inc. (NYSE:RAMP) Receives $39.71 Average PT from Brokerages

Shares of LiveRamp Holdings, Inc. (NYSE:RAMP) have been assigned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $40.86.

Several equities research analysts have weighed in on RAMP shares. Evercore ISI lifted their price target on shares of LiveRamp from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Thursday. Benchmark reaffirmed a “buy” rating and issued a $42.00 target price on shares of LiveRamp in a research report on Tuesday. Macquarie reiterated an “outperform” rating and issued a $43.00 price target on shares of LiveRamp in a report on Thursday, November 7th. StockNews.com upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Finally, Morgan Stanley upped their target price on LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Quarry LP raised its position in LiveRamp by 4,575.0% in the 2nd quarter. Quarry LP now owns 935 shares of the company’s stock valued at $29,000 after buying an additional 915 shares during the last quarter. First Horizon Advisors Inc. purchased a new stake in shares of LiveRamp in the fourth quarter valued at about $38,000. DT Investment Partners LLC lifted its position in shares of LiveRamp by 62.6% during the third quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock valued at $35,000 after purchasing an additional 545 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in LiveRamp by 477.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock worth $49,000 after purchasing an additional 1,332 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in LiveRamp by 232.2% in the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock worth $52,000 after purchasing an additional 1,189 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

LiveRamp Price Performance

NYSE RAMP opened at $35.23 on Friday. The stock has a market capitalization of $2.30 billion, a P/E ratio of 704.70 and a beta of 0.96. The business has a 50 day simple moving average of $31.86 and a 200 day simple moving average of $28.13. LiveRamp has a one year low of $21.45 and a one year high of $42.10.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a return on equity of 1.25% and a net margin of 0.40%. Equities analysts expect that LiveRamp will post 0.36 earnings per share for the current year.

LiveRamp Company Profile

LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.