LiveRamp (NYSE:RAMP) Issues Earnings Results, Misses Estimates By $0.03 EPS

LiveRamp (NYSE:RAMP) announced its earnings results on Sunday. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.03), FiscalAI reports. The company had revenue of $206.09 million for the quarter, compared to analysts’ expectations of $205.49 million. LiveRamp had a net margin of 8.64% and a return on equity of 6.40%. LiveRamp’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share.

LiveRamp Price Performance

LiveRamp stock opened at $37.79 on Tuesday. LiveRamp has a 1-year low of $21.71 and a 1-year high of $37.91. The firm has a market capitalization of $2.39 billion, a P/E ratio of 35.65 and a beta of 1.19. The company’s 50-day moving average is $28.25 and its 200 day moving average is $27.74.

Hedge Funds Weigh In On LiveRamp

Hedge funds and other institutional investors have recently modified their holdings of the business. Headlands Technologies LLC bought a new position in shares of LiveRamp during the second quarter valued at approximately $31,000. Strs Ohio bought a new position in shares of LiveRamp during the first quarter valued at approximately $31,000. Kestra Advisory Services LLC bought a new position in shares of LiveRamp during the fourth quarter valued at approximately $95,000. Triumph Capital Management bought a new position in shares of LiveRamp during the third quarter valued at approximately $122,000. Finally, Captrust Financial Advisors bought a new position in shares of LiveRamp during the fourth quarter valued at approximately $200,000. 93.83% of the stock is currently owned by institutional investors.

Key Headlines Impacting LiveRamp

Here are the key news stories impacting LiveRamp this week:

• Positive Sentiment: Publicis Groupe agreed to acquire LiveRamp in an all-cash deal, giving shareholders a clear takeover premium and likely driving the stock higher. Reuters article
• Positive Sentiment: The acquisition has sparked bullish commentary that the deal could benefit long-term holders, as Publicis wants LiveRamp’s data collaboration tools to support AI and “agentic” capabilities. Seeking Alpha article
• Positive Sentiment: LiveRamp’s fiscal Q4 results showed revenue growth of 9% year over year, annual recurring revenue up 8%, and record annual operating cash flow of $168 million, helping support the investment case even though earnings per share missed estimates by $0.03. Company press release
• Neutral Sentiment: DA Davidson reiterated a “Neutral” rating and lifted its price target to $38.50, essentially aligning with the reported deal price and suggesting limited upside beyond the acquisition terms. DA Davidson note
• Negative Sentiment: Several shareholder-rights law firms announced investigations into whether LiveRamp’s board obtained a fair price in the sale, adding legal uncertainty around the transaction. Business Wire article

Analysts Set New Price Targets

A number of brokerages have weighed in on RAMP. DA Davidson reiterated a “neutral” rating and set a $38.50 target price (up from $35.00) on shares of LiveRamp in a research note on Monday. Benchmark decreased their target price on shares of LiveRamp from $53.00 to $38.00 and set a “buy” rating for the company in a research note on Tuesday, February 3rd. Evercore began coverage on shares of LiveRamp in a research note on Tuesday, March 24th. They set an “outperform” rating and a $37.00 target price for the company. Wells Fargo & Company boosted their target price on shares of LiveRamp from $34.00 to $38.00 and gave the company an “equal weight” rating in a research note on Friday, February 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of LiveRamp in a research note on Friday, March 27th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, LiveRamp currently has an average rating of “Hold” and an average price target of $39.58.

LiveRamp announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 12th that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 13.6% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

LiveRamp Company Profile

LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.

The company offers a suite of products designed to support every stage of the data lifecycle.