Lightspeed Commerce Inc. (NYSE:LSPD - Get Free Report) has been given an average recommendation of "Hold" by the eighteen research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $14.7353.
LSPD has been the topic of several research analyst reports. National Bankshares boosted their price target on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the company a "sector perform" rating in a report on Friday, August 1st. Scotiabank upped their target price on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the stock a "sector perform" rating in a report on Monday, July 28th. Stifel Nicolaus upped their price target on Lightspeed Commerce from $12.00 to $14.00 and gave the company a "hold" rating in a research note on Friday, August 1st. Barclays upped their price objective on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. Finally, Truist Financial boosted their price objective on shares of Lightspeed Commerce from $11.00 to $12.00 and gave the stock a "hold" rating in a research report on Thursday, July 17th.
Read Our Latest Report on Lightspeed Commerce
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. ANTIPODES PARTNERS Ltd purchased a new stake in shares of Lightspeed Commerce during the 1st quarter worth approximately $259,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Lightspeed Commerce by 9.8% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,489,100 shares of the company's stock valued at $13,030,000 after purchasing an additional 132,500 shares during the period. Two Sigma Advisers LP lifted its stake in Lightspeed Commerce by 165.6% in the fourth quarter. Two Sigma Advisers LP now owns 64,800 shares of the company's stock valued at $987,000 after buying an additional 40,400 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of Lightspeed Commerce by 304.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 397,752 shares of the company's stock valued at $6,061,000 after acquiring an additional 299,482 shares during the period. Finally, NewGen Asset Management Ltd raised its position in Lightspeed Commerce by 14.3% in the 4th quarter. NewGen Asset Management Ltd now owns 840,000 shares of the company's stock valued at $12,796,000 after purchasing an additional 105,000 shares during the last quarter. 68.68% of the stock is currently owned by hedge funds and other institutional investors.
Lightspeed Commerce Stock Performance
LSPD traded up $0.20 during trading hours on Thursday, hitting $12.39. The company's stock had a trading volume of 473,012 shares, compared to its average volume of 712,391. The company has a 50-day simple moving average of $12.07 and a 200 day simple moving average of $11.30. The company has a current ratio of 4.60, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1.68 billion, a PE ratio of -2.75, a PEG ratio of 8.25 and a beta of 2.48. Lightspeed Commerce has a fifty-two week low of $7.34 and a fifty-two week high of $18.96.
Lightspeed Commerce (NYSE:LSPD - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.05). The firm had revenue of $304.94 million for the quarter, compared to analyst estimates of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The firm's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 earnings per share. As a group, sell-side analysts expect that Lightspeed Commerce will post 0.08 EPS for the current year.
Lightspeed Commerce Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Lightspeed Commerce, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lightspeed Commerce wasn't on the list.
While Lightspeed Commerce currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access