Shares of LiveRamp Holdings (NASDAQ:RAMP) have received an average rating of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating. The average 1-year target price among analysts that have issued a report on the stock in the last year is $62.67.
Several analysts have recently weighed in on RAMP shares. Evercore ISI started coverage on shares of LiveRamp in a report on Thursday, February 28th. They set an “outperform” rating and a $70.00 price objective for the company. Zacks Investment Research raised shares of LiveRamp from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a report on Tuesday, March 5th. Susquehanna Bancshares started coverage on shares of LiveRamp in a report on Wednesday. They set a “positive” rating and a $70.00 price objective for the company. Finally, First Analysis raised shares of LiveRamp from a “neutral” rating to an “outperform” rating and set a $55.00 price objective for the company in a report on Wednesday, May 29th.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Delta Asset Management LLC TN acquired a new stake in shares of LiveRamp during the fourth quarter worth approximately $26,000. Oregon Public Employees Retirement Fund grew its stake in shares of LiveRamp by 3,763.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,174,159 shares of the company’s stock valued at $30,000 after purchasing an additional 1,143,764 shares during the last quarter. Ffcm LLC bought a new stake in shares of LiveRamp during the fourth quarter valued at approximately $33,000. Resources Investment Advisors Inc. bought a new stake in shares of LiveRamp during the fourth quarter valued at approximately $34,000. Finally, Spectrum Management Group Inc. bought a new stake in shares of LiveRamp during the first quarter valued at approximately $36,000.
NASDAQ:RAMP traded up $1.05 during mid-day trading on Friday, hitting $48.48. The company’s stock had a trading volume of 47,208 shares, compared to its average volume of 720,965. LiveRamp has a fifty-two week low of $29.13 and a fifty-two week high of $63.23. The company has a fifty day simple moving average of $52.93.
LiveRamp (NASDAQ:RAMP) last posted its quarterly earnings results on Tuesday, May 28th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.39) by ($0.22). The company had revenue of $78.30 million for the quarter, compared to analysts’ expectations of $76.99 million. LiveRamp’s revenue for the quarter was up 30.1% on a year-over-year basis.
LiveRamp Company Profile
LiveRamp Holdings, Inc provides identity and data connectivity for powering exceptional customer experiences. The company offers IdentityLink, an identity resolution platform that connects people, data, and devices across the physical and digital world, powering privacy-compliant, people-based marketing that allows consumers to better connect with the brands and products they love.
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