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Shares of LivePerson (NASDAQ:LPSN) hit a new 52-week high on Wednesday, AnalystRatingsNetwork reports. The company traded as high as $15.24 and last traded at $15.07, with a volume of 241,380 shares trading hands. The stock had previously closed at $14.95.

A number of research firms have recently commented on LPSN. Analysts at Zacks downgraded shares of LivePerson from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, January 2nd. They now have a $15.60 price target on the stock. Separately, analysts at Benchmark Co. upgraded shares of LivePerson from a “hold” rating to a “buy” rating in a research note to investors on Monday, December 23rd. They now have a $17.00 price target on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $15.99.

LivePerson has a 1-year low of $8.03 and a 1-year high of $15.24. The stock’s 50-day moving average is $12. and its 200-day moving average is $10.50. The company’s market cap is $812.0 million.

LivePerson (NASDAQ:LPSN) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.03. The company had revenue of $45.20 million for the quarter, compared to the consensus estimate of $44.48 million. During the same quarter in the previous year, the company posted $0.08 earnings per share. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. On average, analysts predict that LivePerson will post $0.21 earnings per share for the current fiscal year.

LivePerson, Inc (NASDAQ:LPSN) is a provider of online engagement solutions offering a cloud-based platform, which enables businesses to proactively connect with consumers through chat, voice, and content delivery, across multiple channels and screens, including websites, social media, and mobile devices.

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