Brokers Set Expectations for LSAK FY2027 Earnings

Key Points

• Litchfield Hills Research lowered its FY2027 EPS estimate for Lesaka Technologies to $0.21 from $0.25, below the current consensus estimate of $0.25.
• Lesaka reported quarterly EPS of $0.15 on revenue of $98.5 million; profitability remained modest, with a 0.43% net margin and 1.65% return on equity.
• Analyst sentiment remains positive overall, with a “Moderate Buy” consensus rating and a $7.56 average price target, compared with the stock’s recent $4.24 price.

Lesaka Technologies, Inc. (NASDAQ:LSAK - Free Report) - Equities research analysts at Litchfield Hills Research cut their FY2027 earnings per share (EPS) estimates for shares of Lesaka Technologies in a report released on Tuesday, September 15th. Litchfield Hills Research analyst T. O'neill now expects that the company will post earnings of $0.21 per share for the year, down from their previous forecast of $0.25. The consensus estimate for Lesaka Technologies' current full-year earnings is $0.25 per share.

Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last issued its quarterly earnings data on Saturday, August 15th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $98.50 million during the quarter. Lesaka Technologies had a return on equity of 1.65% and a net margin of 0.43%.

Several other research firms have also commented on LSAK. Wall Street Zen lowered shares of Lesaka Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 4th. Weiss Ratings upgraded shares of Lesaka Technologies from a "sell (d-)" rating to a "hold (c-)" rating in a report on Wednesday. Finally, Jefferies Financial Group restated a "buy" rating and set a $7.56 target price on shares of Lesaka Technologies in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Lesaka Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $7.56.

Lesaka Technologies Stock Performance

Shares of LSAK stock opened at $4.24 on Friday. Lesaka Technologies has a fifty-two week low of $3.62 and a fifty-two week high of $5.54. The stock has a market cap of $363.88 million, a P/E ratio of 106.03 and a beta of 0.33. The business has a fifty day simple moving average of $4.62 and a 200-day simple moving average of $4.78. The company has a quick ratio of 1.47, a current ratio of 1.59 and a debt-to-equity ratio of 0.95.

Institutional Investors Weigh In On Lesaka Technologies

Hedge funds have recently modified their holdings of the company. AXQ Capital LP acquired a new position in Lesaka Technologies in the second quarter valued at $60,000. Renaissance Technologies LLC grew its holdings in Lesaka Technologies by 16.6% in the 1st quarter. Renaissance Technologies LLC now owns 185,900 shares of the company's stock valued at $946,000 after buying an additional 26,500 shares during the period. 9823 Capital L.P. purchased a new position in shares of Lesaka Technologies during the 4th quarter worth about $94,000. Potomac Capital Management Inc. acquired a new stake in shares of Lesaka Technologies in the fourth quarter worth approximately $4,766,000. Finally, Rathbones Group PLC grew its holdings in Lesaka Technologies by 6.6% in the fourth quarter. Rathbones Group PLC now owns 3,644,420 shares of the company's stock valued at $17,384,000 after purchasing an additional 225,000 shares during the period. 24.19% of the stock is owned by institutional investors and hedge funds.

About Lesaka Technologies

Lesaka Technologies, Inc is a financial technology company that provides digital payments and financial services in Southern Africa. Formerly known as Net 1 UEPS Technologies, the company adopted the Lesaka name in 2022 as part of a broader focus on payments, banking, and related technology services.

Lesaka serves consumers, merchants, and businesses through services that include digital wallets, card and cash payments, money transfers, prepaid products, bill payment, banking services, and lending.

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