Lesaka Technologies (NASDAQ:LSAK) Earns "Sell (D-)" Rating from Weiss Ratings

Key Points

• Lesaka Technologies has been given a "Sell (D-)" rating by Weiss Ratings, reaffirming concerns over its stock performance.
• The company reported a loss of ($0.35) EPS for the quarter, significantly missing the consensus estimate of $0.04, accompanied by a revenue miss at $82 million against expectations of $131 million.
• Rathbones Group PLC significantly increased its holdings in Lesaka Technologies by 90.2%, now owning approximately 4.21% of the company, despite the overall bearish sentiment on the stock.

Lesaka Technologies (NASDAQ:LSAK - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Zacks Research upgraded shares of Lesaka Technologies to a "hold" rating in a report on Friday, August 8th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce".

Lesaka Technologies Stock Down 2.1%

Shares of NASDAQ:LSAK opened at $4.20 on Wednesday. The company has a fifty day moving average of $4.49 and a 200-day moving average of $4.44. The company has a market capitalization of $351.43 million, a PE ratio of -3.85 and a beta of 0.68. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.37 and a current ratio of 1.52. Lesaka Technologies has a 52-week low of $3.39 and a 52-week high of $5.60.

Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last announced its quarterly earnings results on Wednesday, September 10th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.39). The company had revenue of $82.00 million for the quarter, compared to analyst estimates of $131.00 million. Lesaka Technologies had a negative return on equity of 63.79% and a negative net margin of 17.16%. Lesaka Technologies has set its FY 2026 guidance at 0.250- EPS. Q1 2026 guidance at EPS. On average, equities analysts predict that Lesaka Technologies will post -0.16 EPS for the current fiscal year.

Institutional Trading of Lesaka Technologies

An institutional investor recently raised its position in Lesaka Technologies stock. Rathbones Group PLC increased its holdings in Lesaka Technologies, Inc. (NASDAQ:LSAK - Free Report) by 90.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,419,420 shares of the company's stock after purchasing an additional 1,622,088 shares during the quarter. Rathbones Group PLC owned approximately 4.21% of Lesaka Technologies worth $15,353,000 at the end of the most recent reporting period. Institutional investors own 24.19% of the company's stock.

Lesaka Technologies Company Profile

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.

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