|Bid||29.22 x 900|
|Ask||29.24 x 900|
|Day's Range||28.60 - 29.30|
|52 Week Range||14.81 - 29.30|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.20|
"Halftime Report" trader Jon Najarian spots unusual options activity in shares of Restaurant Brands and LivePerson.
Jim Cramer talks with LivePerson CEO Robert Locascio about how conversational commerce can change the way people interact with companies.
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.
The platform allows companies to deliver branded experiences to users with the convenience of a social platform SANTA CLARA, Calif. , March 12, 2019 /PRNewswire/ -- Based on its recent analysis of the ...
NEW YORK , March 7, 2019 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), a global leader in conversational commerce solutions, announced today that its Chief Financial Officer, Chris Greiner , and VP, ...
NEW YORK, March 7, 2019 /PRNewswire/ -- Following a review of conversational artificial intelligence (AI) in the financial services space, Frost & Sullivan awarded its 2018 Global Customer Value Leadership Award to LivePerson, in recognition of its unique, end-to-end approach to deploying conversational commerce and AI in brand-to-consumer communication. The ability of the solution to integrate with enterprise systems, bot and Natural Language Understanding (NLU) technologies.
Investing can be hard but the potential fo an individual stock to pay off big time inspires us. You won't get it right every time, but when you do, theRead More...
NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
ATLANTA , Feb. 28, 2019 /PRNewswire/ -- LivePerson Automotive (NASDAQ: LPSN) and Cox Automotive announced today that consumers using Cox Automotive Digital Retailing applications will now be able to contact ...
NEW YORK, Feb, 28, 2019 /PRNewswire/ -- LivePerson, Inc. (LPSN) ("LivePerson") announced today the pricing of $200.0 million aggregate principal amount of 0.75% Convertible Senior Notes due 2024 (the "Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Act"). The offering was increased to $200.0 million aggregate principal amount of the Notes from the previously announced offering size of $150.0 million aggregate principal amount of the Notes. LivePerson also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $30 million aggregate principal amount of the Notes.
NEW YORK, Feb. 26, 2019 /PRNewswire/ -- LivePerson, Inc. (LPSN) ("LivePerson") announced today that it intends to offer, subject to market conditions and other factors, $150.0 million aggregate principal amount of Convertible Senior Notes due 2024 (the "Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Act"). LivePerson also intends to grant to the initial purchasers of the Notes a 13-day option to purchase up to an additional $22.5 million aggregate principal amount of the Notes. The Notes will be senior, unsecured obligations of LivePerson, and will bear interest payable semi-annually in arrears.
For his "Executive Decision" segment of Mad Money on Monday night, our own Jim Cramer spoke with Rob Locascio, founder and CEO of LivePerson, Inc. LPSN is the artificial intelligence technology behind many of your online customer service inquiries. Locascio said companies are still spending $1.2 trillion a year on analog phone technologies to service their customers and it's long past time to digitize those transactions.
The cloud-based chat support specialist delivered its strongest revenue growth in more than three years, and its shares responded by hitting an all-time high.
LivePerson Inc along with its subsidiaries provides digital engagement solutions offering a cloud-based platform which enables businesses to proactively connect with consumers through chat, voice, and content delivery. Warning! GuruFocus has detected 5 Warning Signs with LPSN. For the last quarter LivePerson Inc reported a revenue of $65.7 million, compared with the revenue of $57.39 million during the same period a year ago.
LivePerson (LPSN) delivered earnings and revenue surprises of -50.00% and 1.26%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company said it had a loss of 11 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 1 cent per share. The results missed Wall Street expectations. ...
Customer engagement company LivePerson Inc's quarterly revenue came ahead of Wall Street estimates, as it signed more deals in the quarter, adding clients such as Delta Air Lines and Aramark. Total revenue ...
-- Reports Record 2018 Revenue of $250 Million and 15% Year-over-Year Growth in the Fourth Quarter -- -- Record Contract Signings Included Delta Air Lines and Top Retail, Telco and Financial Services Brands ...
NEW YORK , Feb. 6, 2019 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), a global leader in conversational commerce solutions, today announced the planned release of its fourth quarter financial results ...
LivePerson's Automotive division debuts new name and branding along with customer lifecycle messaging platform at National Automobile Dealer's Association Conference, January 25-27 ATLANTA , Jan. 25, 2019 ...