Zacks: Analysts Anticipate LiveVox Holding, Inc. (NASDAQ:LVOX) to Announce -$0.12 EPS

Analysts forecast that LiveVox Holding, Inc. (NASDAQ:LVOXGet Rating) will post earnings of ($0.12) per share for the current quarter, according to Zacks. Three analysts have made estimates for LiveVox’s earnings, with estimates ranging from ($0.14) to ($0.10). The company is expected to report its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that LiveVox will report full year earnings of ($0.37) per share for the current fiscal year, with EPS estimates ranging from ($0.45) to ($0.31). For the next fiscal year, analysts expect that the firm will post earnings of ($0.20) per share, with EPS estimates ranging from ($0.25) to ($0.12). Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover LiveVox.

Several equities research analysts recently issued reports on LVOX shares. Stifel Nicolaus dropped their price target on LiveVox from $10.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, March 21st. The Goldman Sachs Group reduced their price target on shares of LiveVox from $6.00 to $4.00 and set a “neutral” rating on the stock in a research report on Thursday, April 14th. Northland Securities lowered their price objective on shares of LiveVox from $12.00 to $9.00 and set an “outperform” rating for the company in a research report on Friday, March 11th. Finally, Zacks Investment Research raised LiveVox from a “sell” rating to a “hold” rating in a report on Thursday, January 20th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, LiveVox has an average rating of “Buy” and a consensus price target of $8.17.

NASDAQ:LVOX traded up $0.02 during trading hours on Wednesday, hitting $3.15. The stock had a trading volume of 906 shares, compared to its average volume of 168,187. LiveVox has a 1-year low of $2.50 and a 1-year high of $10.39. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.44. The firm has a 50 day simple moving average of $3.81.

Several hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. acquired a new stake in shares of LiveVox during the fourth quarter valued at approximately $52,000. Greenhaven Road Investment Management L.P. bought a new stake in shares of LiveVox during the 4th quarter worth about $773,000. Leonard Green & Partners L.P. grew its holdings in LiveVox by 80.0% during the fourth quarter. Leonard Green & Partners L.P. now owns 900,000 shares of the company’s stock valued at $4,635,000 after purchasing an additional 400,000 shares during the last quarter. Corsair Capital Management L.P. bought a new position in LiveVox in the 4th quarter worth $13,026,000. Finally, Cubist Systematic Strategies LLC lifted its position in shares of LiveVox by 21.8% during the 4th quarter. Cubist Systematic Strategies LLC now owns 19,486 shares of the company’s stock worth $100,000 after purchasing an additional 3,486 shares during the last quarter. Institutional investors own 88.90% of the company’s stock.

About LiveVox (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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