LivePerson (LPSN) Projected to Post Quarterly Earnings on Wednesday

LivePerson (NASDAQ:LPSN) will likely be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect LivePerson to post earnings of ($0.17) per share and revenue of $68.12 million for the quarter.

LivePerson Stock Performance

Shares of LivePerson stock opened at $1.26 on Wednesday. The company’s 50 day moving average price is $1.23 and its two-hundred day moving average price is $1.16. The firm has a market capitalization of $113.73 million, a P/E ratio of -0.82 and a beta of 1.59. LivePerson has a fifty-two week low of $0.45 and a fifty-two week high of $2.73. The company has a debt-to-equity ratio of 10.24, a current ratio of 1.27 and a quick ratio of 1.27.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on LPSN shares. Craig Hallum downgraded LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price objective on the stock. in a report on Friday, November 8th. StockNews.com raised LivePerson from a “sell” rating to a “hold” rating in a research note on Saturday, November 16th. One research analyst has rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $1.25.

Insider Buying and Selling

In other news, Director Bruce Edward Hansen sold 84,944 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $0.85, for a total transaction of $72,202.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John Deneen Collins sold 130,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $0.85, for a total transaction of $110,500.00. Following the sale, the chief financial officer now directly owns 997,604 shares in the company, valued at $847,963.40. This trade represents a 11.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 227,848 shares of company stock valued at $203,091 in the last three months. 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.