Shares of Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report) have been assigned an average recommendation of "Hold" from the ten analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$18.30.
Several equities research analysts have recently commented on the company. Raymond James Financial reduced their target price on Lightspeed Commerce from C$29.00 to C$25.00 and set an "outperform" rating for the company in a report on Tuesday, March 25th. JPMorgan Chase & Co. downgraded Lightspeed Commerce from a "neutral" rating to an "underperform" rating and reduced their price objective for the stock from C$14.00 to C$13.00 in a research note on Monday, April 14th. ATB Capital downgraded shares of Lightspeed Commerce from an "outperform" rating to a "sector perform" rating and cut their target price for the stock from C$26.00 to C$17.00 in a research report on Thursday, March 27th. Finally, Cormark cut their target price on shares of Lightspeed Commerce from C$24.00 to C$21.00 and set a "buy" rating for the company in a research report on Thursday, March 27th.
Check Out Our Latest Stock Report on Lightspeed Commerce
Lightspeed Commerce Price Performance
LSPD traded down C$0.06 during trading on Monday, reaching C$16.08. The stock had a trading volume of 98,668 shares, compared to its average volume of 652,227. The firm has a market capitalization of C$1.75 billion, a price-to-earnings ratio of -14.29 and a beta of 2.69. The company has a quick ratio of 6.05, a current ratio of 6.10 and a debt-to-equity ratio of 0.83. Lightspeed Commerce has a 1-year low of C$10.50 and a 1-year high of C$26.60. The stock has a 50 day moving average of C$15.05 and a two-hundred day moving average of C$16.65.
Insiders Place Their Bets
In related news, Director Dale Murray acquired 1,886 shares of the business's stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average cost of C$14.65 per share, with a total value of C$27,624.81. 9.93% of the stock is currently owned by company insiders.
Lightspeed Commerce Company Profile
(
Get Free ReportLightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accepts payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, Netherlands, Australia, and other countries.
Read More

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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.