Is LiveRamp Holdings Inc (RAMP) Stock a Good Buy for Short-term Investors?

LiveRamp Holdings Inc [RAMP] stock is trading at $30.52, down -1.42%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RAMP shares have gain 7.05% over the last week, with a monthly amount glided 22.03%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

LiveRamp Holdings Inc [NYSE: RAMP] stock has seen the most recent analyst activity on October 29, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $25. On June 21, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $33 on the stock. The Benchmark Company started tracking the stock assigning a Hold rating. BMO Capital Markets upgraded its rating to a Outperform but $48 remained the price target by the analyst firm on March 15, 2022. In a note dated March 04, 2021, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $80 to $65.

LiveRamp Holdings Inc [RAMP] stock has fluctuated between $21.45 and $42.66 over the past year. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. LiveRamp Holdings Inc [NYSE: RAMP] shares were valued at $30.52 at the most recent close of the market. An investor can expect a potential return of 37.61% based on the average RAMP price forecast.

Analyzing the RAMP fundamentals

LiveRamp Holdings Inc [NYSE:RAMP] reported sales of 707.16M for the trailing twelve months, which represents a growth of 16.02%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.12 points at the first support level, and at 29.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.96, and for the 2nd resistance point, it is at 31.39.

Ratios To Look Out For

For context, LiveRamp Holdings Inc’s Current Ratio is 2.92. Further, the Quick Ratio stands at 2.92, while the Cash Ratio is 1.7. Considering the valuation of this stock, the price to sales ratio is 2.82, the price to book ratio is 2.14 and price to earnings (TTM) ratio is 803.16.

Transactions by insiders

Recent insider trading involved Hussain Mohsin, CHIEF TECHNOLOGY OFFICER, that happened on Nov 11 ’24 when 8810.0 shares were sold. Officer, Hussain Mohsin completed a deal on Nov 11 ’24 to buy 8810.0 shares. Meanwhile, Director TOMLIN DEBORA B sold 9765.0 shares on Sep 26 ’24.

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