LiveRamp (NYSE:RAMP) Sets New 12-Month High – Still a Buy?

LiveRamp Holdings, Inc. (NYSE:RAMP) shares reached a new 52-week high on Monday. The stock traded as high as $38.34 and last traded at $38.1780, with a volume of 4,717,085 shares traded. The stock had previously closed at $37.44.

LiveRamp News Roundup

Here are the key news stories impacting LiveRamp this week:

• Positive Sentiment: The FTC and Publicis reached an agreement allowing the acquisition to proceed, which reduces deal-completion risk and provides greater certainty for LiveRamp investors. FTC & Publicis Groupe Reach Agreement Over $2.2B LiveRamp Deal
• Positive Sentiment: Publicis agreed to provide rivals with neutral, nondiscriminatory access to LiveRamp’s services and data, satisfying the FTC’s competition concerns while preserving the transaction’s strategic rationale. FTC Approves Publicis’ $2.2 Billion LiveRamp Deal With Neutrality Conditions
• Positive Sentiment: The regulatory clearance follows reports that LiveRamp shares gained after the FTC decision, reflecting investor relief that the sale is advancing rather than facing a prolonged antitrust review. LiveRamp Stock Rises as FTC Clears Publicis Acquisition
• Neutral Sentiment: The agreement requires ongoing neutrality and equal-access commitments. Those conditions may limit Publicis’ ability to prioritize its own advertising operations or fully integrate LiveRamp, potentially reducing some expected synergies. Publicis Agrees to Preserve LiveRamp’s Neutrality
• Neutral Sentiment: At least one Wall Street report maintains a “Hold” view on RAMP, indicating that analysts may see limited additional upside after the takeover-related advance. LiveRamp Stock Rated Hold by Wall Street Analysts

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on RAMP shares. Weiss Ratings raised shares of LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. DA Davidson restated a “neutral” rating on shares of LiveRamp in a research note on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $40.21.

LiveRamp Stock Performance

The stock has a market capitalization of $2.32 billion, a P/E ratio of 15.65 and a beta of 1.27. The stock has a 50 day moving average of $37.70 and a 200 day moving average of $35.75.

LiveRamp (NYSE:RAMP) last issued its earnings results on Wednesday, August 5th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. The firm had revenue of $213.99 million for the quarter, compared to analyst estimates of $211.45 million. LiveRamp had a return on equity of 9.77% and a net margin of 18.71%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the company earned $0.44 earnings per share. On average, research analysts anticipate that LiveRamp Holdings, Inc. will post 2.04 EPS for the current fiscal year.

Institutional Trading of LiveRamp

A number of large investors have recently modified their holdings of RAMP. Sound Income Strategies LLC raised its stake in LiveRamp by 769.1% during the 1st quarter. Sound Income Strategies LLC now owns 1,069 shares of the company’s stock valued at $28,000 after acquiring an additional 946 shares in the last quarter. Nykredit A S acquired a new position in LiveRamp during the 2nd quarter worth $38,000. Public Employees Retirement System of Ohio acquired a new position in LiveRamp during the 2nd quarter worth $44,000. Longfellow Investment Management Co. LLC bought a new position in shares of LiveRamp in the second quarter worth $81,000. Finally, Fortitude Family Office LLC grew its stake in shares of LiveRamp by 6,027.3% in the third quarter. Fortitude Family Office LLC now owns 2,696 shares of the company’s stock worth $101,000 after purchasing an additional 2,652 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

About LiveRamp

LiveRamp (NYSE: RAMP) is a technology company that provides data collaboration and identity solutions for marketers, advertisers, publishers and technology providers. Its platform helps organizations connect and activate customer and business data while supporting privacy-conscious marketing, measurement and analytics.

The company’s offerings include identity resolution, data onboarding, audience activation, measurement and data collaboration capabilities. LiveRamp also provides privacy-enhancing environments, commonly referred to as data clean rooms, that enable companies to analyze and share information without directly exposing sensitive customer data.