Lesaka Technologies (NASDAQ:LSAK - Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.024-0.036 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $95.8 million-$100.7 million. Lesaka Technologies also updated its FY 2027 guidance to 0.455-0.515 EPS.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. Weiss Ratings downgraded Lesaka Technologies from a "sell (d)" rating to a "sell (d-)" rating in a research report on Wednesday, September 2nd. Wall Street Zen cut shares of Lesaka Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 4th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Reduce".
Read Our Latest Research Report on Lesaka Technologies
Lesaka Technologies Price Performance
LSAK traded up $0.07 during midday trading on Wednesday, hitting $4.59. The stock had a trading volume of 123,275 shares, compared to its average volume of 115,615. Lesaka Technologies has a 1 year low of $3.62 and a 1 year high of $5.54. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.44 and a current ratio of 1.54. The business has a fifty day moving average of $4.70 and a 200 day moving average of $4.79. The company has a market cap of $393.81 million, a P/E ratio of -13.11 and a beta of 0.33.
Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last issued its earnings results on Wednesday, September 9th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.06. The company had revenue of $98.50 million for the quarter, compared to analysts' expectations of $98.78 million. Lesaka Technologies had a negative net margin of 4.11% and a negative return on equity of 15.95%. Lesaka Technologies has set its FY 2027 guidance at 0.455-0.515 EPS and its Q1 2027 guidance at 0.024-0.036 EPS. As a group, equities analysts forecast that Lesaka Technologies will post 0.03 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Lesaka Technologies
A number of large investors have recently added to or reduced their stakes in LSAK. Barclays PLC increased its holdings in Lesaka Technologies by 13,359.8% during the 4th quarter. Barclays PLC now owns 141,866 shares of the company's stock valued at $677,000 after purchasing an additional 140,812 shares during the period. Citadel Advisors LLC increased its position in Lesaka Technologies by 26.4% during the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company's stock valued at $79,000 after purchasing an additional 3,959 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in shares of Lesaka Technologies in the 3rd quarter worth about $74,000. Institutional investors own 24.19% of the company's stock.
Lesaka Technologies Company Profile
(
Get Free Report)
Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.
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