Lightspeed Commerce (NYSE:LSPD) Issues Quarterly Earnings Results

Lightspeed Commerce (NYSE:LSPD) announced its earnings results on Thursday. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03, Briefing.com reports. Lightspeed Commerce had a negative return on equity of 0.98% and a negative net margin of 15.55%. The company had revenue of $266.10 million for the quarter, compared to analysts’ expectations of $258.58 million. During the same period last year, the firm earned ($0.14) EPS. Lightspeed Commerce’s revenue for the quarter was up 27.3% compared to the same quarter last year. Lightspeed Commerce updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

Lightspeed Commerce Price Performance

Shares of NYSE:LSPD traded down $1.25 on Friday, hitting $11.92. The company had a trading volume of 1,766,103 shares, compared to its average volume of 928,482. The company has a current ratio of 6.34, a quick ratio of 6.23 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.83 billion, a PE ratio of -11.14 and a beta of 2.33. Lightspeed Commerce has a 52-week low of $11.80 and a 52-week high of $21.71. The business has a 50 day moving average of $13.99 and a 200 day moving average of $14.38.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Cibc World Mkts raised shares of Lightspeed Commerce from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 24th. Jefferies Financial Group lowered their price target on Lightspeed Commerce from $16.00 to $14.50 and set a “hold” rating on the stock in a research report on Friday. TD Securities reduced their target price on Lightspeed Commerce from $16.00 to $15.00 and set a “hold” rating for the company in a report on Friday. BMO Capital Markets decreased their target price on shares of Lightspeed Commerce from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Scotiabank increased their price target on shares of Lightspeed Commerce from $20.00 to $21.00 and gave the stock a “sector outperform” rating in a research report on Friday, May 17th. Twelve research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.19.

About Lightspeed Commerce

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.