Lightspeed Commerce Inc. (NYSE:LSPD – Free Report) – Equities research analysts at National Bank Financial decreased their FY2025 earnings per share estimates for shares of Lightspeed Commerce in a note issued to investors on Monday, March 24th. National Bank Financial analyst R. Tse now expects that the company will post earnings of $0.08 per share for the year, down from their previous estimate of $0.10. The consensus estimate for Lightspeed Commerce’s current full-year earnings is $0.08 per share. National Bank Financial also issued estimates for Lightspeed Commerce’s FY2026 earnings at $0.10 EPS.
LSPD has been the subject of several other research reports. BMO Capital Markets decreased their price objective on Lightspeed Commerce from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Thursday. Wells Fargo & Company decreased their price target on Lightspeed Commerce from $16.00 to $13.00 and set an “equal weight” rating for the company in a research note on Friday, February 7th. Piper Sandler cut their price objective on shares of Lightspeed Commerce from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Thursday. Royal Bank of Canada lowered their target price on shares of Lightspeed Commerce from $20.00 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Bank of America dropped their target price on shares of Lightspeed Commerce from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Thursday. Eight investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $16.82.
Lightspeed Commerce Trading Down 5.8 %
NYSE:LSPD opened at $9.37 on Thursday. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of -11.71, a PEG ratio of 3.03 and a beta of 2.44. Lightspeed Commerce has a 52 week low of $9.25 and a 52 week high of $18.96. The company has a quick ratio of 5.99, a current ratio of 6.10 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average of $12.63 and a 200 day moving average of $14.73.
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.07). Lightspeed Commerce had a negative net margin of 11.75% and a positive return on equity of 0.61%.
Institutional Trading of Lightspeed Commerce
A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Lightspeed Commerce by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 5,333,306 shares of the company’s stock worth $81,319,000 after acquiring an additional 70,324 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Lightspeed Commerce by 37,065.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,181,809 shares of the company’s stock worth $63,688,000 after purchasing an additional 4,170,557 shares during the period. Nuveen Asset Management LLC boosted its position in Lightspeed Commerce by 0.8% during the fourth quarter. Nuveen Asset Management LLC now owns 3,149,919 shares of the company’s stock worth $48,009,000 after purchasing an additional 24,891 shares in the last quarter. Bank of Montreal Can grew its holdings in Lightspeed Commerce by 1.1% in the fourth quarter. Bank of Montreal Can now owns 2,022,590 shares of the company’s stock valued at $30,803,000 after purchasing an additional 21,357 shares during the period. Finally, Intact Investment Management Inc. increased its position in shares of Lightspeed Commerce by 94.5% in the fourth quarter. Intact Investment Management Inc. now owns 1,707,257 shares of the company’s stock valued at $26,031,000 after buying an additional 829,577 shares in the last quarter. 68.68% of the stock is owned by hedge funds and other institutional investors.
About Lightspeed Commerce
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.
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