LiveRamp (RAMP) Upgraded to Buy: Here's What You Should Know

Core Viewpoint - LiveRamp (RAMP) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for LiveRamp for the fiscal year ending March 2025 is projected at $1.72 per share, reflecting an 18.6% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for LiveRamp has risen by 33.8%, indicating a strong upward revision trend [8]. Zacks Rating System - The Zacks Rank system classifies stocks based on earnings estimate revisions, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, highlighting their potential for market-beating returns [9][10]. - The Zacks Rank 2 upgrade for LiveRamp places it in the top 20% of Zacks-covered stocks, suggesting a favorable outlook for the stock's price movement in the near term [10]. Impact of Institutional Investors - Changes in earnings estimates significantly influence stock price movements, as institutional investors adjust their valuations based on these estimates, leading to buying or selling actions that affect stock prices [4]. Business Outlook - The upgrade in ratings and rising earnings estimates for LiveRamp suggest an improvement in the company's underlying business, which could lead to increased investor interest and a higher stock price [5].