Live Oak Acquisition Corp. V (NASDAQ:TMS) Stock Rating Upgraded by Wall Street Zen

Live Oak Acquisition Corp. V (NASDAQ:TMS) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a research note issued on Saturday.

Several other equities analysts have also issued reports on the company. Northland Securities assumed coverage on Live Oak Acquisition Corp. V in a research report on Thursday, July 16th. They set an “outperform” rating and a $14.00 target price for the company. Weiss Ratings assumed coverage on shares of Live Oak Acquisition Corp. V in a research note on Friday, August 14th. They issued a “sell (e-)” rating for the company. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $14.00.

Live Oak Acquisition Corp. V Price Performance

Shares of Live Oak Acquisition Corp. V stock opened at $7.34 on Friday. Live Oak Acquisition Corp. V has a 12 month low of $5.04 and a 12 month high of $13.20. The business’s fifty day moving average is $7.36.

Live Oak Acquisition Corp. V (NASDAQ:TMS) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.03). The company had revenue of $148.66 million during the quarter, compared to analyst estimates of $144.74 million. As a group, equities research analysts anticipate that Live Oak Acquisition Corp. V will post -0.61 earnings per share for the current fiscal year.

Live Oak Acquisition Corp. V Company Profile

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.