Lightspeed Commerce (LSPD) Scheduled to Post Quarterly Earnings on Thursday

Lightspeed Commerce (NYSE:LSPD) is scheduled to post its quarterly earnings results before the market opens on Thursday, May 16th. Analysts expect Lightspeed Commerce to post earnings of $0.05 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Lightspeed Commerce (NYSE:LSPD) last released its quarterly earnings results on Thursday, February 8th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.12. The business had revenue of $239.70 million for the quarter, compared to analysts’ expectations of $236.31 million. Lightspeed Commerce had a negative return on equity of 2.68% and a negative net margin of 23.85%. On average, analysts expect Lightspeed Commerce to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Lightspeed Commerce Stock Performance

Shares of LSPD stock opened at $13.59 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.09 and a current ratio of 6.21. The stock has a market cap of $2.08 billion, a PE ratio of -10.06 and a beta of 2.34. Lightspeed Commerce has a 1 year low of $12.23 and a 1 year high of $21.71. The stock has a fifty day moving average price of $13.60 and a 200 day moving average price of $15.68.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Lightspeed Commerce from $19.00 to $17.00 and set a “neutral” rating on the stock in a research report on Friday, February 9th. Wells Fargo & Company reduced their price target on shares of Lightspeed Commerce from $20.00 to $17.00 and set an “equal weight” rating on the stock in a report on Friday, February 9th. National Bankshares dropped their price objective on shares of Lightspeed Commerce from $20.00 to $15.00 and set a “sector perform” rating for the company in a research note on Thursday, April 18th. National Bank Financial lowered Lightspeed Commerce from an “outperform market weight” rating to a “sector perform market weight” rating in a research note on Thursday, February 8th. Finally, TD Securities cut Lightspeed Commerce from a “buy” rating to a “hold” rating and lowered their target price for the company from $25.00 to $17.50 in a report on Friday, February 9th. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Lightspeed Commerce currently has a consensus rating of “Hold” and a consensus price target of $18.74.

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.