LPSN

Liveperson Inc

TMT


Presented:04/30/2021
Price:$54.65
Cap:$3.76B
Current Price:$1.11
Cap:$0.10B

Presented

Date04/30/2021
Price$54.65
Market Cap$3.76B
Ent Value$4.07B
P/E RatioN/A
Book Value$3.61
Div Yield0%
Shares O/S68.87M
Ave Daily Vol817,195
Short Int23.59%

Current

Price$1.11
Market Cap$0.10B
LivePerson, Inc. engages in the provision of mobile and online messaging solutions. It operates through the following segments: Business, Consumer, and Corporate. The Business segment enables brands to leverage intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The Consumer segment involves in facilitating online transactions between independent service providers and individual consumers seeking information and knowledge for a fee via mobile and online messaging. The company was founded by Robert P. LoCascio on November 29, 1995 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Avaya Holdings Corp (AVYA), Cisco Systems Inc (CSCO), Citigroup Inc (C) Five9 Inc (FIVN), LivePerson Inc (LPSN), Nice Ltd (NICE), The Gap Inc (GPS)

Highlights

The presenter is short shares of LivePerson Inc (LPSN) which was the first provider of chat software (i.e., the chat box customers see on Gap or Banana Republic's website). LPSN has been a major beneficiary of the pandemic and the closure of contact centers, but this success hides the fact the company has been losing market share for some time. As contact centers begin to reopen he believes that LPSN, which currently trades at 9x revenue, is really a 3x - 4x business.

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Idea Discussion

Commentor 1 - 2 weeks ago

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