LiveRamp (NYSE:RAMP) Price Target Raised to $33.00 at Morgan Stanley

LiveRamp (NYSE:RAMPFree Report) had its price target hoisted by Morgan Stanley from $30.00 to $33.00 in a research report sent to investors on Thursday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

RAMP has been the topic of a number of other reports. Benchmark reiterated a “buy” rating on shares of LiveRamp in a report on Tuesday, November 4th. Zacks Research upgraded LiveRamp from a “strong sell” rating to a “hold” rating in a research report on Friday, October 10th. Weiss Ratings restated a “hold (c-)” rating on shares of LiveRamp in a report on Wednesday, October 8th. Cross Research set a $53.00 price objective on LiveRamp in a research note on Tuesday, November 4th. Finally, Wall Street Zen upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $43.50.

Read Our Latest Research Report on LiveRamp

LiveRamp Stock Performance

Shares of RAMP traded down $0.28 during mid-day trading on Thursday, reaching $29.62. The stock had a trading volume of 540,067 shares, compared to its average volume of 583,956. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 134.65 and a beta of 1.01. LiveRamp has a 12 month low of $22.82 and a 12 month high of $36.08. The business has a fifty day moving average of $27.84 and a 200 day moving average of $29.56.

LiveRamp (NYSE:RAMPGet Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.07. LiveRamp had a return on equity of 2.21% and a net margin of 1.89%.The firm had revenue of $199.83 million during the quarter, compared to analysts’ expectations of $197.31 million. During the same quarter last year, the business posted $0.51 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. LiveRamp has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts forecast that LiveRamp will post 0.48 EPS for the current fiscal year.

Insider Buying and Selling

In other LiveRamp news, CTO Mohsin Hussain sold 12,734 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $27.94, for a total transaction of $355,787.96. Following the transaction, the chief technology officer owned 63,409 shares in the company, valued at $1,771,647.46. The trade was a 16.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.31% of the stock is owned by insiders.

Hedge Funds Weigh In On LiveRamp

A number of large investors have recently made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in LiveRamp in the 2nd quarter worth about $31,000. Strs Ohio purchased a new position in shares of LiveRamp during the first quarter valued at approximately $31,000. Picton Mahoney Asset Management bought a new position in shares of LiveRamp during the third quarter valued at approximately $38,000. State of Wyoming purchased a new stake in shares of LiveRamp in the first quarter worth approximately $49,000. Finally, Parkside Financial Bank & Trust raised its holdings in shares of LiveRamp by 18.8% in the third quarter. Parkside Financial Bank & Trust now owns 3,080 shares of the company’s stock worth $84,000 after buying an additional 487 shares during the period. 93.83% of the stock is owned by hedge funds and other institutional investors.

About LiveRamp

(Get Free Report)

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.

See Also

Analyst Recommendations for LiveRamp (NYSE:RAMP)

Receive News & Ratings for LiveRamp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiveRamp and related companies with MarketBeat.com's FREE daily email newsletter.