LiveRamp Holdings Inc (RAMP) Shares See Highest Trading Level at $34.22

As of close of business last night, LiveRamp Holdings Inc’s stock clocked out at $34.22, down -2.17% from its previous closing price of $34.98. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 1285227 shares were traded. RAMP stock price reached its highest trading level at $35.20 during the session, while it also had its lowest trading level at $34.14.

Ratios:

To gain a deeper understanding of RAMP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.46. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 3.69. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.

On June 21, 2023, The Benchmark Company Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $33.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 15 when Hussain Mohsin sold 12,480 shares for $37.27 per share. The transaction valued at 465,130 led to the insider holds 80,753 shares of the business.

CADOGAN TIMOTHY R. sold 1,500 shares of RAMP for $55,500 on Feb 13. The Director now owns 51,016 shares after completing the transaction at $37.00 per share. On Dec 29, another insider, CADOGAN TIMOTHY R., who serves as the Director of the company, sold 1,500 shares for $38.31 each. As a result, the insider received 57,465 and left with 51,431 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAMP now has a Market Capitalization of 2.26B and an Enterprise Value of 1.78B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.56 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 2.79 whereas that against EBITDA is 189.57.

Stock Price History:

Over the past 52 weeks, RAMP has reached a high of $42.66, while it has fallen to a 52-week low of $20.25. The 50-Day Moving Average of the stock is 37.89, while the 200-Day Moving Average is calculated to be 31.57.

Shares Statistics:

It appears that RAMP traded 596.28K shares on average per day over the past three months and 693.36k shares per day over the past ten days. A total of 66.61M shares are outstanding, with a floating share count of 64.00M. Insiders hold about 3.30% of the company’s shares, while institutions hold 93.96% stake in the company. Shares short for RAMP as of Feb 15, 2024 were 1.9M with a Short Ratio of 3.18, compared to 1.43M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.87% and a Short% of Float of 4.21%.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.10.

Earnings Estimates

As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.19 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.16, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.31, with high estimates of $0.35 and low estimates of $0.26.

Analysts are recommending an EPS of between $1.82 and $1.35 for the fiscal current year, implying an average EPS of $1.45. EPS for the following year is $1.62, with 7 analysts recommending between $2.05 and $1.35.

Revenue Estimates

In the current quarter, 6 analysts expect revenue to total $160.62M. It ranges from a high estimate of $161.7M to a low estimate of $160M. As of the current estimate, LiveRamp Holdings Inc’s year-ago sales were $148.63M, an estimated increase of 8.10% from the year-ago figure.

A total of 8 analysts have provided revenue estimates for RAMP’s current fiscal year. The highest revenue estimate was $649.4M, while the lowest revenue estimate was $647M, resulting in an average revenue estimate of $648.19M. In the same quarter a year ago, actual revenue was $596.58M, up 8.70% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $712.42M in the next fiscal year. The high estimate is $766.15M and the low estimate is $682.8M. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.

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