Shares of Lightspeed Commerce Inc. (NYSE:LSPD – Get Free Report) have been given a consensus recommendation of “Hold” by the seventeen research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $18.69.
A number of analysts have recently commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of Lightspeed Commerce from $15.00 to $14.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 20th. Wells Fargo & Company cut their price target on shares of Lightspeed Commerce from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 31st. BTIG Research restated a “buy” rating and issued a $21.00 price objective on shares of Lightspeed Commerce in a report on Thursday, September 26th. Piper Sandler dropped their target price on Lightspeed Commerce from $17.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. Finally, Benchmark reissued a “buy” rating and set a $20.00 price target on shares of Lightspeed Commerce in a research report on Thursday, September 26th.
Read Our Latest Research Report on LSPD
Institutional Inflows and Outflows
Lightspeed Commerce Stock Down 0.7 %
Shares of LSPD stock opened at $15.05 on Friday. Lightspeed Commerce has a 12-month low of $11.01 and a 12-month high of $21.71. The company has a quick ratio of 6.06, a current ratio of 6.19 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $14.27 and a 200-day moving average of $13.93. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of -14.07, a P/E/G ratio of 10.07 and a beta of 2.34.
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last released its earnings results on Thursday, August 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. The firm had revenue of $266.10 million during the quarter, compared to analysts’ expectations of $258.58 million. Lightspeed Commerce had a negative return on equity of 0.99% and a negative net margin of 15.55%. The company’s revenue was up 27.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.14) EPS. As a group, equities research analysts predict that Lightspeed Commerce will post 0.05 earnings per share for the current fiscal year.
Lightspeed Commerce Company Profile
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.
Read More
- Five stocks we like better than Lightspeed Commerce
- ESG Stocks, What Investors Should Know
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- How to Plot Fibonacci Price Inflection Levels
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Lightspeed Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lightspeed Commerce and related companies with MarketBeat.com's FREE daily email newsletter.