Lightspeed Commerce Inc. (NYSE:LSPD – Free Report) – Stifel Canada reduced their FY2026 earnings per share (EPS) estimates for Lightspeed Commerce in a research note issued on Thursday, March 27th. Stifel Canada analyst S. Sukumar now expects that the company will earn $0.29 per share for the year, down from their previous estimate of $0.38. The consensus estimate for Lightspeed Commerce’s current full-year earnings is $0.08 per share.
Several other brokerages have also recently commented on LSPD. Benchmark dropped their target price on Lightspeed Commerce from $21.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, March 27th. Scotiabank dropped their price objective on Lightspeed Commerce from $19.00 to $17.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, March 25th. Morgan Stanley decreased their target price on Lightspeed Commerce from $17.00 to $14.00 and set an “equal weight” rating for the company in a research note on Friday. BMO Capital Markets dropped their price target on shares of Lightspeed Commerce from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Thursday, March 27th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Lightspeed Commerce from $13.00 to $10.00 and set a “neutral” rating for the company in a research report on Monday. Eleven equities research 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 stock. Based on data from MarketBeat, Lightspeed Commerce currently has a consensus rating of “Hold” and an average target price of $15.09.
Lightspeed Commerce Trading Down 3.8 %
Shares of NYSE:LSPD opened at $8.75 on Monday. The company has a 50 day moving average of $12.40 and a 200-day moving average of $14.71. The company has a current ratio of 6.10, a quick ratio of 5.99 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.34 billion, a P/E ratio of -10.93, a P/E/G ratio of 3.03 and a beta of 2.44. Lightspeed Commerce has a twelve month low of $8.72 and a twelve month high of $18.96.
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.07). Lightspeed Commerce had a positive return on equity of 0.61% and a negative net margin of 11.75%.
Institutional Investors Weigh In On Lightspeed Commerce
Hedge funds have recently made changes to their positions in the company. Blue Trust Inc. raised its stake in Lightspeed Commerce by 214.4% during the 4th quarter. Blue Trust Inc. now owns 1,503 shares of the company’s stock valued at $25,000 after purchasing an additional 1,025 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Lightspeed Commerce by 27.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,073 shares of the company’s stock worth $158,000 after buying an additional 2,168 shares during the period. Bayesian Capital Management LP purchased a new position in shares of Lightspeed Commerce during the fourth quarter valued at $165,000. Susquehanna Fundamental Investments LLC acquired a new position in Lightspeed Commerce during the fourth quarter valued at $256,000. Finally, Twinbeech Capital LP purchased a new stake in Lightspeed Commerce in the 4th quarter worth about $261,000. Hedge funds and other institutional investors own 68.68% of the company’s stock.
Lightspeed Commerce Company Profile
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.
Recommended Stories
- Five stocks we like better than Lightspeed Commerce
- What is the Dogs of the Dow Strategy? Overview and Examples
- 3 Buyable Stocks With Solid Bottoms Ready to Rebound
- Breakout Stocks: What They Are and How to Identify Them
- Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star
- How to trade penny stocks: A step-by-step guide
- Robotaxi News: What Tesla and Lyft Headlines Mean for Shares
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.