29.24 -0.52 (-1.75%)
Pre-Market: 7:29AM EDT
|Bid||29.10 x 900|
|Ask||29.31 x 2200|
|Day's Range||29.55 - 30.91|
|52 Week Range||16.98 - 30.91|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.00|
LivePerson CEO Robert Locascio breaks down how the conversational commerce deploys bots to improve customer service.
Locascio explained that after pioneering chatbot software for companies, he realized that voice and Artificial Intelligence (AI) are the future and has now pivoted LivePerson to embrace those technologies. LivePerson has many examples of their technologies in use, from messaging a bot to order beer and a hot dog for delivery to your stadium seat to bypassing the line checking in to a Las Vegas hotel.
NEW YORK , May 13, 2019 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), a global leader in conversational commerce solutions, announced today that its Chief Financial Officer, Chris Greiner , Global Controller, ...
NEW YORK, May 8, 2019 /PRNewswire/ -- LivePerson, Inc. (LPSN), a global leader in conversational commerce solutions, today outlined its growth strategy and announced its 2020 and 3 to 5 year financial targets at an Investor Day event held in New York City. The Company's executive leadership shared their vision for Conversational Commerce, their go-to-market strategy, and their plan to accelerate growth and profitability by capturing a leading share of this emerging market. "LivePerson is literally transforming the way brands communicate with consumers," said Rob LoCascio, LivePerson's CEO and Founder. "Billions of conversations take place each month between friends, family and peers over messaging.
NEW YORK , May 6, 2019 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), a global leader in conversational commerce solutions, will host an Investor Day on May 8, 2019 in New York City . LivePerson's management ...
The New York-based company said it had a loss of 31 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 16 cents per share. The results fell short of Wall Street expectations. ...
-- Generates record revenue and 14% Year-over-Year Growth in the first quarter -- -- Reaffirms target of high teens to 20% revenue growth in fourth quarter and at least 20% growth in 2020 -- -- Strong ...
Before we spend countless hours researching a company, we'd like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors […]
NEW YORK, April 29, 2019 /PRNewswire/ -- LivePerson, a leading provider of conversational commerce solutions, today announced the general availability (GA) of its new Conversation Builder technology, the world's first all-in-one platform for building enterprise-scale chatbots. Conversation Builder is a dramatically faster way for brands to create conversational AI. With an entire toolkit to test, deploy, and improve chatbots in one closed-loop platform and allowing nontechnical users to assist in the development, Conversation Builder slashes the build time from a typical six weeks to as little as one day.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So before you buy o...
LivePerson (LPSN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RGM Capital is a private investment advisory firm based in Naples, Florida with around $1.27 billion in assets under management (as of March 2018). It was founded by Robert G. Moses back in 2003, who is the company’s Portfolio Manager and Managing Partner as well. Moses started his career in 1991, after receiving a Bachelor’s […]
[Editor's note: This story was previously published in March 2019. It has since been updated and republished.]Which top stocks are Wall Street analysts the most bullish on? I mean stocks with no "hold" or "sell" ratings and a pure "strong buy" analyst consensus. These are the strong buy stocks that make the most compelling investing opportunities and are definitely worth keeping a close eye on.Using TipRanks powerful stock screener, I set out to pinpoint seven stocks that command the unanimous support of the Street. You can customize the screener settings to match your investment strategy. In this case, I selected filters for stocks of all market cap size with a "strong buy" consensus from analysts and best-performing analysts alike. These are the top analysts with the highest success rate and average return.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere I specifically select stocks with big upside potential from the current share price. This is based on the upside potential from the current share price to the average analyst price target. * 5 Dividend Stocks Perfect for Retirees Now let's delve into these seven top stocks to buy now:Source: Shutterstock Strong Buy Stocks: Exact Sciences (EXAS)Exact Sciences Corporation (NASDAQ:EXAS) has just received five back-to-back buy ratings from the Street. These "buys" flooded in following stellar Q4 earnings results. EXAS delivered a solid Q4 revenue beat and raised its 2019 revenue guidance to $710 million-$730 million, above its prior $700 million estimate. As it prepares to release its Q1 numbers April 30, those numbers still look achievable.Plus the future looks bright for sales for its Cologuard DNA test for colon cancer."EXAS is one of our top picks for 2019, and we reiterate our "buy" rating and our $100 PT," said five-star Canaccord Genuity analyst Mark Massaro. "Exact continues to execute at a high level and isn't afraid to make big investments to hit its ambitious goal of achieving $6 billion of revenue for Cologuard over time."That would give the company over 40% market share for its revolutionary screening product, first launched back in 2014.According to Massaro, even the new revenue guidance is beatable, writing "we see a path to upside to our raised estimates." A similar message comes from Baird's Catherine Ramsey. She writes: "We continue to see the potential for upside… and EXAS remains one of our top ideas."The average analyst price target right now stands at $104. Bear in mind shares have surged 45% year-to-date. Want to learn more about Exact Sciences? Get the free EXAS Stock Research Report.Source: Shutterstock OpenText (OTEX)Canadian cloud computing stock Open Text Corp (NASDAQ:OTEX) develops and sells enterprise information management (EIM) software. Essentially, this helps organizations safely manage and share business information.Since the company's inception in 1991, OpenText has deployed around $6 billion capital on acquisitions. Using these acquisitions, OTEX can cement its position as a leader in the EIM space."Our strategy is total growth," said CEO Mark Barrenechea said, "where M&A will continue to be our largest growth driver, augmented with organic growth." So far this strategy appears to be paying off. * 10 S&P 500 Stocks to Weather the Earnings Storm That level of optimism still is on Open Text's side as it prepares its May 1 report report on third-quarter earnings."We believe OpenText is likely to continue to create shareholder value through its acquisition strategy," RBC analyst Paul Treiber said following the encouraging Q2 numbers,Overall, five analysts have published recent bullish calls on the stock. That's with a $46.75 average price target -- 23% upside potential from the current share price. Shares are up 17% year-to-date. Get the OTEX Stock Research Report.Source: Shutterstock Moderna (MRNA)Moderna (NASDAQ:MRNA) is a pioneer in a new class of medicines made of messenger RNA, or mRNA. The potential implications of using mRNA as a drug are significant and far-reaching. No less than eight analysts have published recent buy ratings on the stock.Right now the company just reported positive results from an ongoing phase Ib trial. This is for mRNA-1653, an mRNA-based vaccine for the treatment of human metapneumovirus (HMPV) and parainfluenza virus (PIV3)."The interim phase I data announced today support our outlook for this experimental product and support advancing studies in the pediatric population" said Oppenheimer's Leah R Cann.The mRNA-1653 program is one of Moderna's 21 most current and importantly, one of its 13 focus programs.She points out that currently there are no approved vaccines to prevent hMPV or PIV3 infections, and estimates that worldwide mRNA-1653 sales could reach $1.44 billion by 2030. That's with a predicted launch date of 2024.With a $27 price target, Cann sees upside potential of 19% for the coming months. Shares are currently surging more than 45% in 2019. Get the MRNA Stock Research Report.Source: Flash.pro via Flickr (modified) Nexstar Media (NXST)Following its completion of the Media General acquisition, Nexstar Media Group (NASDAQ:NXST) owns 171 television stations. As the largest TV station operator in the U.S. reaching nearly 39% of households, Nexstar Media Group is a stock worth watching.Analysts certainly seem to think so. Nexstar has received six recent buy calls from the Street. Most notably, Evercore ISI's David Joyce upgraded NXST from "hold" to "buy" back in December. As a result, Nextar Media stock now scores unanimous support.Crucially, the company is on the verge of a fresh acquisition. It has agreed a $6.4 billion deal to buy Tribune's ABC, CBS, FOX, and NBC stations. Tribune shareholders recently approved the deal. What's more, to help avoid any anti-trust issues, Nexstar has announced that it would sell 14 stations. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? "We assign Nexstar an Outperform rating and a $112 price target. We believe that the Tribune acquisition should create significant value for shareholders," top RBC Capital analyst Leo Kulp tells investors.He ramped up his price target from $96 to $112 (23% upside potential) adding, "We see limited risk around regulatory approvals…We expect the FCF yield to moderate as the company completes the milestones to closing the deal and de-levers post-closing." Get the NXST Stock Research Report.Source: Ace Via on Flickr Boyd Gaming (BYD)Shares in Boyd Gaming Corp (NYSE:BYD) have exploded by 11% in just five days. That's thanks to a pretty exceptional earnings report for the Paradise, Nevada-based casino company."BYD's 4Q18 operating results were nothing short of sensational," said five-star Stifel Nicolaus analyst Steven Wieczynski. "As we get late into EPS season, we believe we have seen the best print to date, with BYD's strong 4Q18 results tonight, an exclamation point on a strong 2018, with guidance above expectations serving as the cherry on top."With widespread growth throughout the business, BYD EBITDAR came in at $208.6mm, easily surpassing the estimated $197.1 million. Meanwhile 2019 EBITDAR guidance was established at a healthy $885 million-910 million, the midpoint of which was above Consensus forecasts ahead of the print ($888 million)."Post the strong 4Q18 results and with, we believe BYD is well positioned to continue to show healthy and steady same-store growth, while continuing to integrate its accretive acquisitions from the 2H18," said Deutsche Bank's Carlo Santarelli.That's with a "very compelling" current valuation to boot. With a "strong buy" analyst consensus, BYD boasts five recent buy ratings and a $37.80 average price target (22% upside potential). Get the BYD Stock Research Report.Source: Shutterstock LivePerson (LPSN)As the name suggests, LivePerson (NASDAQ:LPSN) provides online real-time assistance and expert advice. The cloud-based chat company has just hit all-time highs following its strongest revenue growth in three years. For the third time in a row, LPSN reported 14% quarterly revenue growth. Shares are now up 50% year-to-date.Even if the company can't keep up the pace when it reports earnings May 2, it still is a keeper.Going forward, analysts are firmly bullish about LivePerson's outlook. Seven analysts have published recent buy ratings on the stock, including (five-star Oppenheimer analyst Koji Ikeda. * 7 AI Stocks to Watch with Strong Long-Term Narratives "We believe LivePerson is well positioned to take share in a large B2C messaging opportunity that is disrupting the contact center" writes Ikeda. "Organizations around the world are under pressure to rethink and retool legacy technologies with next-generation customer engagement applications, like LivePerson, to better engage, retain, and generate revenue from the end-consumer" the analyst explains.He believes that over time, good execution in quarterly results and improving business fundamentals should narrow the valuation gap between LPSN and the SaaS Industry average. That makes it a great strong buy stock. Get the LPSN Stock Research Report.Source: Shutterstock Cubic Corp (CUB)Despite Brexit concerns and increasing volatility, Growth remains par for the course for Irish defense contractor Cubic Corp (NYSE:CUB).The company has three key business divisions. For investors, it is the company's flagship Cubic Transportation Systems unit that is worth keeping an eye on. According to the company, this is the division responsible for "automated fare payment, traffic management and enforcement solutions."Indeed, transport systems revenue was up 24% year over year, according to CUB's most recent earnings report. Consequently, Citigroup's Jonathan Raviv cited recent wins- especially in transport- as behind his bullish take on the stock.Meanwhile, Drexel Hamilton's David Williams writes: "We remain positive on CUB and expect further acquisitions to supplement top and bottom-line growth, which is likely to drive short term upside to expectations, and provide a strong long-term growth trajectory."As such, the analyst reiterates his "buy" rating and $85 price target (38% upside potential) on this strong buy stock. Six analysts give the stock a buy rating, while their average price target works out at $76.80. Get the CUB Stock Research Report.TipRanks.com offers exclusive insights for investors by focusing on the moves of experts: Analysts, Insiders, Bloggers, Hedge Fund Managers and more. See what the experts are saying about your stocks now at TipRanks.com. As of this writing, Harriet Lefton did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons Kraft Heinz Stock Is a Contrarian Buy * 5 Housing Stocks to Buy for Renewed Homebuilder Confidence * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio Compare Brokers The post 7 Strong Buy Stocks the Street Loves appeared first on InvestorPlace.
NEW YORK , April 18, 2019 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), a global leader in conversational commerce solutions, today announced the planned release of its first quarter financial results ...
DMI has formed a strategic partnership with LivePerson to support its valued clients in navigating the burgeoning conversational commerce category. The new partnership extends DMI’s artificial intelligence-infused customer experience capabilities throughout the company’s extensive digital transformation portfolio. LivePerson has been connecting brands to consumers for more than 20 years.
NEW YORK , April 9, 2019 /PRNewswire/ -- LivePerson, Inc. (LPSN), a leading provider of conversational commerce solutions, is powering a new conversational service for McDonald's Canada that is now available to all Google Assistant-powered smartphone and smart speaker users in Canada . This new offering, the McDonald's Action on Google Assistant — the first for any Quick Service Restaurant brand in Canada — offers a simple and convenient way to learn about the latest special offers. Location-aware special offers, by entering their province or allowing Google to locate them automatically, if preferred.
Sometimes, a stock is so strong – showing so much potential – that it’s impossible not to acknowledge it. These are the stocks that get a unanimous ‘Strong Buy’ consensus, and it’s exciting to find them. Companies as diverse as Amazon, Visa, Exact Sciences, and T Mobile have attracted full agreement from the Wall Street analysts. Let’s pull one such stock out of the TipRanks database, and find out why it carries a perfect score.LivePerson, Inc. (LPSN – Research Report) is a recognized leader in the field of conversational commerce. The company’s messaging systems offer real-time chat service for websites, social media, and e-commerce platforms, with functionality on desktops, laptops, and mobile devices. In short, LivePerson offers the tools that every digital customer service department needs.View LPSN Price Target & Analyst Ratings Detail What Makes LivePerson a Quality Investment?Company founder and CEO Rob LoCascio summed up the reasons after the Q4 earnings report at the end of February: “We expect our revenue growth rate to ramp toward 20% by year-end in 2019 and to exceed it 20% in 2020 as we take a greater share of emerging multibillion-dollar market opportunity.”He made that comment in the context of the recent Q4 earnings report. Quarterly revenues came in high at $65.72 million, an increase of $8.33 million over the year-ago quarter. The revenue gain made up for the lackluster EPS of just one cent per share. Taking a broader look at LPSN’s market performance, we see that since the stock’s most recent trough – at $4.10 in February 2016 – it has gained 587%. LPSN currently trades at $28.20.In short, LivePerson is a company on a growth trajectory. Returning to CEO LoCascio’s comments, in 2018 the company boasted “16% year-over-year increase in our revenue growth rate, record contract signing, multiyear loan revenue attrition, and accelerating messaging in AI adoptions.”That was then. Regarding future growth, the company’s CFO, Chris Greiner, said, “We are issuing revenue guidance for 2019 in the range of $285 million to $293 million or 14% to 17% year-over-year growth. … We anticipate an acceleration in the second half towards high-teens to 20% by the fourth quarter. On the back of that momentum, we then expect to generate at least 20% growth for the full year of 2020.”LivePerson’s recent market performance justifies this optimism. Shares have gained a modest 3% since the earnings call, on the heels of 59% gains through January and February. It’s a strong return for investors, and an answer to our question above, to what makes LivePerson a quality investment. Floating a LoanIn a move predicated on those strong fundamentals, LivePerson announced on February 28 that it will be floating an issue of convertible notes, totaling $200 million. The notes will be offered to “qualified institutional buyers” – this is a private offering, not public – will carry bear 0.75% interest annually, and will come due on March 1, 2024. As is common with this type of business financing, the notes will be payable in cash, common stock shares, or a combination of the two. LivePerson anticipates raising between $192 and $221 million in new funding from the note issue, with approximately 10% of the proceeds paying for a series of capped call transactions (as a hedge against volatility), and the rest going towards toward corporate expenses or strategic moves such as acquisitions. Financing a loan of this nature is generally considered a vote of confidence by the company in its own future, and in its ability to generate both institutional support and cash. Checking in with the AnalystsSo where does this put LivePerson now? A multitude of top-rated analysts have come out in favor of LPSN stock over the last few weeks, in the wake of the quarterly earnings and the convertible note issue.First to weigh in on LPSN was Northland Securities’ Michael Latimore (Track Record & Ratings), five-star analyst ranked in the top 5% of TipRanks’ database. In response to the quarterly report, he said, “We are increasing our FY19 revenue estimates… Increasing FY20 revs and EBITDA.” His $33 price target on the stock implies a 9.2% upside from current levels.Next up was Oppenheimer’s Koji Ikeda (Track Record & Ratings), also a top 5% analyst. In his note written immediately after the company’s Q4 earnings release, Ikeda made sure to note the strong data points: “Total revenue of $65.7M was ~$600K above consensus; and adjusted EBITDA of $5.3M was ~$200K above consensus. 1Q total revenue guidance of $65.75-66.75M is in line with the $66.1M consensus.”In his more recent note on LivePerson, Ikeda elaborated the company’s overall stance in the markets, and outlook for the future. He stated, “We believe LivePerson is well positioned to take share in a large B2C messaging opportunity that is disrupting the contact center. Organizations around the world are under pressure to re-think and retool legacy technologies with next-generation customer engagement applications…”Making it clear that LivePerson offers exactly those communications tools, Ikeda gives the company another $33 price target.Since March 8, LivePerson as attracted attention from the some of Wall Street’s very best analysts. These two reviews come from analysts ranked in the top 25 of TipRanks’ database, putting them among the most successful market watchers on the Street.Raimo Lenschow (Track Record & Ratings), initiated coverage of LPSN for Barclays on March 8. He is rated 17 overall, out of 5,250, by TipRanks, with an average success rate of 76%, and an impressive return of 21%.Regarding LivePerson, he sees the company in a sweet spot, with the tools and savvy to profit from current changes in customer service, and better tech than its competitors. He writes, “LivePerson is positioned at the front and center of evolving B2C communications, which is moving away from painful calls to 1-800 numbers to modern messaging channels such as WhatsApp and Amazon Alexa. We believe this represents a large but still nascent $20bn+ market opportunity…“We believe the company has a technological lead vs. some of its competitors, which is resulting in marquee customer signings such as T-Mobile and Delta… the current valuation (5x CY20E revenue) remains cheap considering the 20%+ growth prospects by FY20.”Lenschow’s bullish position is reflected in his $35 price target, suggesting an upside of 15.8% for LPSN shares.Finally, Piper Jaffray’s Alex Zukin (Track Record & Ratings), ranked 22 overall, on March 25 also initiated coverage of LivePerson. Like his colleagues above, Zukin was impressed by the company’s advantageous situation within the B2C field, and by the stock’s low cost of entry. He views LivePerson “as a relatively inexpensive way to play the business-to-consumer digital transformation trend.” His price target is the most bullish of all, and at $39 it suggests that LPSN has an impressive upside of 29%.Based on reviews by the best performing analysts over the last three months, LivePerson holds a perfect record: 9 reviews and 9 buy ratings, for a consensus of ‘Strong Buy.’ The stock has a share price of $30 and an average price target of $33, giving it an upside potential of 10%. Enjoy the Research Report on the Stock in this Article:LivePerson, Inc. (LPSN) Research ReportYou can find LivePerson on TipRanks’ Analysts’ Top Stocks page. This page gives you the current listing of the most-recommended stocks by the best Wall Street analysts, with their vital statistics – share price, price movement, average price target, etc. – laid out side-by-side. You can see which stocks are trending, and make the best decision for your own investments. Visit the Analysts’ Top Stocks page now.
Analysts are late in praising the upside case for LivePerson, Inc. (NASDAQ:LPSN), as the stock approaches 52-week highs once again. Barclays has a $35 price target on the stock, set on Mar. 8, while Evercore set a $34 target. With the stock trading at around $28 recently, what is there to like about LivePerson stock? * 15 Stocks Sitting on Huge Piles of Cash Strong Fourth QuarterLivePerson made significant progress in adding high-profile customers. In the fourth quarter, it added Delta Air Lines (NYSE:DAL), Aramark, a firm operating in hospitality, a top-three bank in Japan, an Italian telco and a top-five global apparel retailer. Despite the contract wins, the company lost $6.5 million, or 11 cents a share. This is double last year's loss of $3.7 million, or 6 cents a share. Markets are not nervous over the loss because the revenue gains from the deals will play out over several quarters. Plus, LivePerson wrote-down one-time costs. These are $1.7 million in restructuring, $1.0 million from acquisition and consulting fees and $900,000 from litigation costs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAdjusted EBITDA improved to $5.3 million, up from $3.9 million last year. The company ended FISCAL 2018 with a cash balance of $66.4 million. Outlook for 2019LivePerson's contract wins in the last quarter builds recurring revenue momentum for 2019. With more products to sell and more partners to sell with, the company is moving into the mainstream. Markets already bid the stock back to 52-week highs because it is pricing in an expansion in the company's sales capacity. With the addressable market vastly bigger than the company's ability to address it, LivePerson is growing its staff count. This year, it plans to expand its global field organization by adding 50% more staff and doubling the number of enterprise partner managers and lead generation representatives.The higher headcount will add to operating costs, but the company should more than offset that when it adds more customers. It will take another three quarters to get there, but LivePerson forecasts revenue growth from the high-teens to 20% by Q4 of 2019. In 2020, management forecast sustained growth also in the 20% range or more.Adjusted EBITDA will be in the range of $10 million-$15 million, while margins will be 4%-5%. Low Profit MarginInvestors might consider margins of 4%-5% low. That is because the ramp-up in hiring will raise short-term costs. As sales reps win more and more deals, the long-term profit margin should reach low double-digits.It has to.Markets are leaving little room for disappointing revenue growth in 2019. Growth CatalystsHigher mobile usage is a growth catalyst for LPSN stock. LivePerson believes customers should not be using WhatsApp, IVR Deflections, or Apple Business Chat. So, it will replace them with web messaging. Already, mobile percentage interactions on LiveEngage is 54%.Staff hiring is another positive catalyst for the company's longer-term prospects. It is currently looking at 3,500 candidates a week. By choosing new hires having a mix between technology and go-to-market sales resources, LivePerson should have a strong team that will carry out its business growth.Geographically, North America will continue to give meaningful growth. After North America enterprise grew 17%, investors should expect double-digit growth this year. In the fourth quarter, the company reported strong bookings, which was not limited to North America as International numbers came in strong. ValuationFrom the nine analysts covering LPSN stock, the average price target is $32.63 (according to tipranks). This 17% upside target comes despite the unfavorable valuations. By comparison, Salesforce.com (NYSE:CRM) trades at similar price/book multiples. International Business Machines (NYSE:IBM), by contrast, trades at a discount and offers investors a 4.6% dividend yield. But IBM is no longer growing, whilst LivePerson is winning key contracts each quarter. Final Word * 7 Dividend Stocks With Big Yields Investors have many business software services to choose from. LivePerson stock is another one that should get added to the watch list. Its 2019 is set to impress investors if it reports growth again and raises its outlook for 2020.Disclosure: As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post Hot Growth Ahead for LPSN Stock in 2019 appeared first on InvestorPlace.