LiveRamp Holdings, Inc. (NYSE:RAMP) Receives $39.71 Average PT from Brokerages

Shares of LiveRamp Holdings, Inc. (NYSE:RAMP) have received a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $40.86.

A number of research firms have recently weighed in on RAMP. Benchmark restated a “buy” rating and issued a $42.00 price target on shares of LiveRamp in a research note on Tuesday. StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 22nd. Macquarie reiterated an “outperform” rating and set a $43.00 price target on shares of LiveRamp in a report on Thursday, November 7th. Wells Fargo & Company assumed coverage on LiveRamp in a report on Monday, October 28th. They set an “equal weight” rating and a $25.00 price objective on the stock. Finally, Evercore ISI upped their target price on LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. American Capital Management Inc. increased its stake in shares of LiveRamp by 46.7% in the third quarter. American Capital Management Inc. now owns 2,877,814 shares of the company’s stock valued at $71,312,000 after buying an additional 916,578 shares during the period. Franklin Resources Inc. increased its position in LiveRamp by 11.5% during the 3rd quarter. Franklin Resources Inc. now owns 1,526,250 shares of the company’s stock valued at $37,653,000 after purchasing an additional 157,696 shares during the period. Geode Capital Management LLC raised its holdings in LiveRamp by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,493,522 shares of the company’s stock worth $37,017,000 after purchasing an additional 15,340 shares during the last quarter. Baillie Gifford & Co. lifted its position in shares of LiveRamp by 4.3% in the 4th quarter. Baillie Gifford & Co. now owns 1,416,642 shares of the company’s stock worth $43,023,000 after purchasing an additional 58,568 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of LiveRamp by 5.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 995,960 shares of the company’s stock worth $30,247,000 after purchasing an additional 49,152 shares during the period. 93.83% of the stock is owned by institutional investors.

LiveRamp Price Performance

Shares of NYSE:RAMP opened at $35.23 on Friday. LiveRamp has a 1 year low of $21.45 and a 1 year high of $42.10. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 704.70 and a beta of 0.96. The company’s 50 day simple moving average is $31.86 and its 200 day simple moving average is $28.13.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. As a group, analysts anticipate that LiveRamp will post 0.36 EPS for the current fiscal year.

LiveRamp Company Profile

LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.