Wall Street analysts expect LivePerson, Inc. (NASDAQ:LPSN) to report $70.12 million in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have made estimates for LivePerson’s earnings, with estimates ranging from $69.56 million to $70.50 million. LivePerson posted sales of $61.66 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 13.7%. The firm is scheduled to report its next quarterly earnings results after the market closes on Wednesday, July 31st.

On average, analysts expect that LivePerson will report full-year sales of $288.45 million for the current fiscal year, with estimates ranging from $287.09 million to $289.50 million. For the next year, analysts expect that the company will report sales of $341.83 million, with estimates ranging from $334.80 million to $346.20 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow LivePerson.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings results on Thursday, May 2nd. The technology company reported ($0.25) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.06). LivePerson had a negative net margin of 15.78% and a negative return on equity of 13.56%. The company had revenue of $66.40 million during the quarter, compared to the consensus estimate of $66.14 million.

LPSN has been the topic of a number of research reports. Jefferies Financial Group lifted their price target on shares of T. Rowe Price Group from $103.00 to $119.00 and gave the company a “buy” rating in a research note on Monday, April 1st. KeyCorp initiated coverage on shares of LivePerson in a research note on Thursday, July 11th. They issued an “overweight” rating and a $36.00 price target on the stock. Piper Jaffray Companies lifted their price target on shares of Apple to $201.00 and gave the company an “overweight” rating in a research note on Monday, March 25th. BidaskClub raised shares of Westport Fuel Systems from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. Finally, Berenberg Bank set a €54.00 ($62.79) price target on shares of 1&1 Drillisch and gave the company a “buy” rating in a research note on Thursday, May 16th. Two investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $32.27.

LPSN traded up $0.49 during trading on Monday, reaching $32.64. The company had a trading volume of 483,400 shares, compared to its average volume of 627,371. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.75 and a current ratio of 2.75. LivePerson has a 12 month low of $16.98 and a 12 month high of $32.94. The company’s fifty day moving average price is $28.68. The stock has a market capitalization of $2.13 billion, a P/E ratio of -141.91 and a beta of 1.08.

In other news, SVP Daryl Carlough sold 16,164 shares of LivePerson stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $27.71, for a total value of $447,904.44. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Monica L. Greenberg sold 23,601 shares of LivePerson stock in a transaction that occurred on Tuesday, June 18th. The shares were sold at an average price of $27.29, for a total transaction of $644,071.29. The disclosure for this sale can be found here. Insiders sold 45,578 shares of company stock worth $1,250,900 over the last quarter. 9.70% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. New York State Teachers Retirement System raised its holdings in shares of LivePerson by 0.4% in the second quarter. New York State Teachers Retirement System now owns 139,026 shares of the technology company’s stock valued at $3,898,000 after purchasing an additional 500 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of LivePerson by 1.8% in the second quarter. Oregon Public Employees Retirement Fund now owns 22,995 shares of the technology company’s stock valued at $645,000 after purchasing an additional 400 shares during the last quarter. FMR LLC increased its holdings in LivePerson by 1.5% during the first quarter. FMR LLC now owns 3,678,554 shares of the technology company’s stock worth $106,752,000 after buying an additional 52,606 shares during the last quarter. Gilder Gagnon Howe & Co. LLC increased its holdings in LivePerson by 10.7% during the first quarter. Gilder Gagnon Howe & Co. LLC now owns 3,381,722 shares of the technology company’s stock worth $98,138,000 after buying an additional 327,580 shares during the last quarter. Finally, Weiss Asset Management LP acquired a new position in LivePerson during the first quarter worth $2,084,000. Institutional investors own 83.83% of the company’s stock.

About LivePerson

LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.

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Earnings History and Estimates for LivePerson (NASDAQ:LPSN)

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