Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report)'s share price rose 0.4% during trading on Monday . The company traded as high as C$12.53 and last traded at C$12.44. Approximately 281,395 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 797,043 shares. The stock had previously closed at C$12.39.
Wall Street Analyst Weigh In
LSPD has been the topic of a number of recent analyst reports. TD Securities cut their price objective on Lightspeed Commerce from C$15.00 to C$11.00 and set a "hold" rating on the stock in a research note on Friday, February 6th. BTIG Research cut their price objective on Lightspeed Commerce from C$16.00 to C$15.00 and set a "buy" rating on the stock in a research note on Friday, February 6th. Stifel Nicolaus cut their price objective on Lightspeed Commerce from C$15.00 to C$12.00 and set a "hold" rating on the stock in a research note on Friday, February 6th. Royal Bank Of Canada cut their price objective on Lightspeed Commerce from C$15.00 to C$13.00 and set an "outperform" rating on the stock in a research note on Friday, February 6th. Finally, Barclays cut their price objective on Lightspeed Commerce from C$14.00 to C$12.00 and set a "hold" rating on the stock in a research note on Friday, February 6th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of C$16.45.
View Our Latest Stock Analysis on Lightspeed Commerce
Lightspeed Commerce Stock Performance
The firm has a market capitalization of C$1.71 billion, a P/E ratio of -2.72 and a beta of 1.51. The stock has a fifty day simple moving average of C$12.75 and a two-hundred day simple moving average of C$15.16. The company has a debt-to-equity ratio of 2.33, a current ratio of 4.40 and a quick ratio of 6.05.
Lightspeed Commerce (TSE:LSPD - Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$428.71 million during the quarter. Lightspeed Commerce had a negative return on equity of 44.56% and a negative net margin of 57.96%. On average, research analysts predict that Lightspeed Commerce Inc. will post 0.5970516 EPS for the current year.
About Lightspeed Commerce
(
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Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations. With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network.
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