What is Raymond James' Forecast for LSPD Q1 Earnings?

Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) - Investment analysts at Raymond James issued their Q1 2027 EPS estimates for Lightspeed Commerce in a report issued on Thursday, May 22nd. Raymond James analyst S. Li anticipates that the company will earn ($0.13) per share for the quarter. The consensus estimate for Lightspeed Commerce's current full-year earnings is $0.08 per share. Raymond James also issued estimates for Lightspeed Commerce's Q2 2027 earnings at ($0.13) EPS, Q3 2027 earnings at ($0.09) EPS and Q4 2027 earnings at ($0.08) EPS.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last released its quarterly earnings results on Thursday, May 22nd. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). The firm had revenue of $253.42 million during the quarter, compared to the consensus estimate of $252.51 million. Lightspeed Commerce had a positive return on equity of 0.61% and a negative net margin of 11.75%. The company's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.06 EPS.

A number of other equities analysts have also recently issued reports on LSPD. Bank of America cut their price objective on Lightspeed Commerce from $20.00 to $18.00 and set a "buy" rating for the company in a report on Thursday, March 27th. Morgan Stanley reduced their price objective on Lightspeed Commerce from $14.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. UBS Group reduced their price objective on Lightspeed Commerce from $17.00 to $14.50 and set a "neutral" rating on the stock in a research report on Friday, February 7th. Stifel Nicolaus reduced their price objective on Lightspeed Commerce from $15.00 to $12.00 and set a "hold" rating on the stock in a research report on Friday, March 28th. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and set a $9.00 price objective (down from $10.00) on shares of Lightspeed Commerce in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $14.23.

Lightspeed Commerce Price Performance

Shares of Lightspeed Commerce stock traded down $0.31 during trading on Monday, hitting $10.57. The stock had a trading volume of 543,943 shares, compared to its average volume of 926,530. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of -13.21, a P/E/G ratio of 3.03 and a beta of 2.49. The company has a current ratio of 6.10, a quick ratio of 5.99 and a debt-to-equity ratio of 0.01. Lightspeed Commerce has a 12 month low of $7.34 and a 12 month high of $18.96. The business's 50-day moving average is $9.67 and its 200 day moving average is $13.03.

Hedge Funds Weigh In On Lightspeed Commerce

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. lifted its holdings in Lightspeed Commerce by 214.4% in the 4th quarter. Blue Trust Inc. now owns 1,503 shares of the company's stock worth $25,000 after buying an additional 1,025 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Lightspeed Commerce by 27.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,073 shares of the company's stock worth $158,000 after buying an additional 2,168 shares during the period. Bayesian Capital Management LP purchased a new stake in Lightspeed Commerce in the 4th quarter worth approximately $165,000. Tempus Wealth Planning LLC purchased a new stake in Lightspeed Commerce in the 1st quarter worth approximately $119,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in Lightspeed Commerce in the 4th quarter worth approximately $256,000. 68.68% of the stock is currently owned by institutional investors.

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.