Lightspeed Commerce Inc. (TSE:LSPD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Lightspeed Commerce Inc. (TSE:LSPDGet Free Report) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$25.86.

LSPD has been the subject of a number of analyst reports. Stifel Nicolaus dropped their price target on Lightspeed Commerce from C$20.00 to C$17.00 and set a “hold” rating for the company in a research report on Monday, October 30th. CIBC upped their price target on Lightspeed Commerce from C$24.00 to C$27.00 and gave the company a “neutral” rating in a research report on Thursday, February 1st. JPMorgan Chase & Co. upgraded Lightspeed Commerce from an “underperform” rating to a “neutral” rating and set a C$19.00 price objective on the stock in a report on Monday, December 18th. ATB Capital decreased their price objective on Lightspeed Commerce from C$40.00 to C$35.00 in a report on Friday, November 3rd. Finally, National Bankshares upped their price objective on Lightspeed Commerce from C$20.00 to C$25.00 and gave the company an “outperform” rating in a report on Friday, January 26th.

Get Our Latest Analysis on Lightspeed Commerce

Insider Activity at Lightspeed Commerce

In other Lightspeed Commerce news, Senior Officer Kady Srinivasan sold 1,558 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of C$16.83, for a total transaction of C$26,221.14. In other Lightspeed Commerce news, Director Jean Paul Chauvet sold 11,440 shares of the company’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of C$24.15, for a total transaction of C$276,276.00. Also, Senior Officer Kady Srinivasan sold 1,558 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of C$16.83, for a total value of C$26,221.14. Over the last three months, insiders have sold 24,790 shares of company stock worth $554,365. Insiders own 9.80% of the company’s stock.

Lightspeed Commerce Price Performance

LSPD stock opened at C$26.58 on Wednesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 6.41 and a quick ratio of 6.05. The business has a 50 day simple moving average of C$24.92 and a 200-day simple moving average of C$22.20. The firm has a market capitalization of C$4.06 billion, a PE ratio of -3.03 and a beta of 2.75. Lightspeed Commerce has a 1 year low of C$16.94 and a 1 year high of C$28.73.

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 Stories

Analyst Recommendations for Lightspeed Commerce (TSE:LSPD)

Receive News & Ratings for Lightspeed Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lightspeed Commerce and related companies with MarketBeat.com's FREE daily email newsletter.