LiveRamp Holdings, Inc. (NYSE:RAMP) Given Average Rating of “Hold” by Analysts

Shares of LiveRamp Holdings, Inc. (NYSE:RAMP) have been given a consensus rating of “Hold” by the seven analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $43.50.

A number of research firms have commented on RAMP. Morgan Stanley raised their price target on shares of LiveRamp from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Zacks Research cut shares of LiveRamp from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Cross Research set a $53.00 target price on LiveRamp in a research note on Tuesday, November 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LiveRamp in a research note on Monday, December 29th. Finally, Benchmark reissued a “buy” rating on shares of LiveRamp in a research note on Tuesday, November 4th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in RAMP. Central Pacific Bank Trust Division increased its position in shares of LiveRamp by 4.8% during the fourth quarter. Central Pacific Bank Trust Division now owns 10,169 shares of the company’s stock worth $299,000 after acquiring an additional 470 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in LiveRamp by 18.8% in the 3rd quarter. Parkside Financial Bank & Trust now owns 3,080 shares of the company’s stock valued at $84,000 after acquiring an additional 487 shares in the last quarter. Engineers Gate Manager LP boosted its stake in LiveRamp by 0.5% during the 2nd quarter. Engineers Gate Manager LP now owns 113,424 shares of the company’s stock valued at $3,748,000 after purchasing an additional 561 shares during the last quarter. US Bancorp DE increased its holdings in LiveRamp by 8.8% during the 3rd quarter. US Bancorp DE now owns 6,944 shares of the company’s stock worth $188,000 after purchasing an additional 564 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in LiveRamp by 2.2% during the 2nd quarter. Exchange Traded Concepts LLC now owns 29,466 shares of the company’s stock worth $974,000 after purchasing an additional 622 shares in the last quarter. 93.83% of the stock is owned by institutional investors.

LiveRamp Price Performance

NYSE RAMP opened at $25.06 on Friday. The stock has a market capitalization of $1.60 billion, a P/E ratio of 41.08 and a beta of 1.12. The business has a 50 day simple moving average of $28.94 and a 200 day simple moving average of $28.98. LiveRamp has a one year low of $22.82 and a one year high of $36.08.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. The firm had revenue of $199.83 million for the quarter, compared to analysts’ expectations of $197.31 million. LiveRamp had a return on equity of 4.44% and a net margin of 5.15%.The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 EPS. Equities analysts expect that LiveRamp will post 0.48 earnings per share for the current year.

About LiveRamp

LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.

The company offers a suite of products designed to support every stage of the data lifecycle.