LiveRamp (RAMP) Scheduled to Post Earnings on Wednesday

LiveRamp (NYSE:RAMP) will post its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect LiveRamp to post earnings of $0.31 per share for the quarter. LiveRamp has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

LiveRamp (NYSE:RAMP) last released its quarterly earnings data on Wednesday, May 22nd. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.07). LiveRamp had a return on equity of 3.27% and a net margin of 1.80%. The company had revenue of $171.85 million for the quarter, compared to the consensus estimate of $159.95 million. On average, analysts expect LiveRamp to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LiveRamp Stock Performance

RAMP opened at $30.53 on Wednesday. LiveRamp has a fifty-two week low of $27.04 and a fifty-two week high of $42.66. The company has a market capitalization of $2.05 billion, a P/E ratio of 169.62 and a beta of 1.00. The stock has a fifty day moving average of $31.05 and a 200-day moving average of $33.83.

Insider Activity at LiveRamp

In related news, insider Kimberly Bloomston sold 13,055 shares of the business’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $31.11, for a total value of $406,141.05. Following the completion of the transaction, the insider now owns 127,404 shares of the company’s stock, valued at $3,963,538.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Kimberly Bloomston sold 13,055 shares of the business’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $31.11, for a total value of $406,141.05. Following the completion of the transaction, the insider now owns 127,404 shares of the company’s stock, valued at $3,963,538.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CTO Mohsin Hussain sold 17,299 shares of LiveRamp stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $31.15, for a total value of $538,863.85. Following the completion of the transaction, the chief technology officer now owns 88,546 shares in the company, valued at approximately $2,758,207.90. The disclosure for this sale can be found here. 3.39% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on RAMP shares. Benchmark reissued a “buy” rating and set a $56.00 target price on shares of LiveRamp in a report on Wednesday, July 10th. Morgan Stanley dropped their target price on LiveRamp from $49.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, May 23rd. Finally, StockNews.com downgraded LiveRamp from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 16th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $50.25.

About LiveRamp

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.