LiveVox Holding, Inc. (NASDAQ:LVOX) Receives Average Rating of “Buy” from Analysts

Shares of LiveVox Holding, Inc. (NASDAQ:LVOXGet Rating) have earned an average rating of “Buy” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $8.17.

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group lowered their target price on shares of LiveVox from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Thursday, April 14th. Northland Securities lowered their target price on shares of LiveVox from $12.00 to $9.00 and set an “outperform” rating for the company in a research note on Friday, March 11th. Stifel Nicolaus lowered their target price on shares of LiveVox from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, March 21st. Finally, Zacks Investment Research upgraded shares of LiveVox from a “sell” rating to a “hold” rating in a research note on Thursday, January 20th.

Several hedge funds and other institutional investors have recently bought and sold shares of LVOX. Citigroup Inc. purchased a new position in shares of LiveVox during the third quarter worth $28,000. Royal Bank of Canada purchased a new position in shares of LiveVox during the second quarter worth $67,000. Goldman Sachs Group Inc. purchased a new position in shares of LiveVox during the fourth quarter worth $52,000. Capstone Investment Advisors LLC purchased a new position in shares of LiveVox during the third quarter worth $66,000. Finally, D. E. Shaw & Co. Inc. purchased a new position in shares of LiveVox during the fourth quarter worth $54,000. 88.90% of the stock is owned by institutional investors and hedge funds.

NASDAQ LVOX opened at $3.13 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.45 and a current ratio of 3.45. The company’s 50 day simple moving average is $3.81. LiveVox has a 52-week low of $2.50 and a 52-week high of $10.39.

LiveVox Company Profile (Get Rating)

LiveVox Holding, Inc develops and markets cloud-based contact-center-as-a-service customer engagement platform primarily in the United States. Its products include Contact Manager and Extract, Transform, and Load Tools, a database layer that functions as a repository and orchestration layer for customers and their customer records; U-CRM, a visual layer that provides relevant customer details to agents; U-Ticket that creates support tickets and tracks all the relevant details to solve issues; U-Script, a visual agent flow tool to provide guidance and visual navigation to agents; and Attempt Supervisor, which enables contact centers to set rules and restrictions relative to the number of voice calls attempted to any particular phone number and/or account.

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Analyst Recommendations for LiveVox (NASDAQ:LVOX)

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