Live Oak Acquisition Corp. V (NASDAQ:TMS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Live Oak Acquisition Corp. V (NASDAQ:TMS) to a hold rating in a research note issued to investors on Saturday.

A number of other brokerages have also commented on TMS. Northland Securities began coverage on Live Oak Acquisition Corp. V in a report on Thursday, July 16th. They set an “outperform” rating and a $14.00 price target for the company. Weiss Ratings assumed coverage on shares of Live Oak Acquisition Corp. V in a research report on Friday, August 14th. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $14.00.

Live Oak Acquisition Corp. V Price Performance

Live Oak Acquisition Corp. V stock opened at $6.11 on Friday. Live Oak Acquisition Corp. V has a fifty-two week low of $5.04 and a fifty-two week high of $13.20. The stock’s fifty day moving average price is $7.34.

Live Oak Acquisition Corp. V (NASDAQ:TMS) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.03). The firm had revenue of $148.66 million during the quarter, compared to the consensus estimate of $144.74 million. Equities analysts forecast that Live Oak Acquisition Corp. V will post -0.61 earnings per share for the current fiscal year.

About Live Oak Acquisition Corp. V

Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.

The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.