Lightspeed Commerce Inc. (NYSE:LSPD – Free Report) – Equities researchers at National Bank Financial cut their FY2025 EPS estimates for shares of Lightspeed Commerce in a research note issued to investors on Monday, March 24th. National Bank Financial analyst R. Tse now forecasts that the company will earn $0.08 per share for the year, down from their prior forecast 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 topic of several other reports. Royal Bank of Canada cut their target price on Lightspeed Commerce from $20.00 to $15.00 and set an “outperform” rating on the stock in a report on Tuesday. Bank of America started coverage on shares of Lightspeed Commerce in a research report on Wednesday, February 19th. They set a “buy” rating and a $20.00 target price on the stock. Piper Sandler cut their price target on Lightspeed Commerce from $17.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, February 6th. Barclays dropped their price objective on shares of Lightspeed Commerce from $18.00 to $15.00 and set an “equal weight” rating for the company in a research note on Friday, February 7th. Finally, Scotiabank cut their target price on Lightspeed Commerce from $19.00 to $17.00 and set a “sector outperform” rating for the company in a research report on Tuesday. 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. According to data from MarketBeat.com, Lightspeed Commerce currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.89.
Lightspeed Commerce Trading Down 2.0 %
NYSE:LSPD opened at $9.94 on Thursday. The stock has a market cap of $1.52 billion, a PE ratio of -12.42, a price-to-earnings-growth ratio of 3.03 and a beta of 2.44. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.10 and a quick ratio of 5.99. The stock’s 50-day moving average is $12.74 and its two-hundred day moving average is $14.77. Lightspeed Commerce has a fifty-two week low of $9.87 and a fifty-two week high of $18.96.
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates 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%.
Hedge Funds Weigh In On Lightspeed Commerce
Several large investors have recently bought and sold shares of LSPD. State Street Corp lifted its holdings in Lightspeed Commerce by 29.1% in the third quarter. State Street Corp now owns 353,472 shares of the company’s stock valued at $5,829,000 after buying an additional 79,696 shares during the period. PCJ Investment Counsel Ltd. lifted its holdings in shares of Lightspeed Commerce by 33.8% in the 4th quarter. PCJ Investment Counsel Ltd. now owns 123,060 shares of the company’s stock worth $1,874,000 after purchasing an additional 31,060 shares in the last quarter. Verition Fund Management LLC acquired a new position in shares of Lightspeed Commerce during the third quarter valued at about $499,000. NINE MASTS CAPITAL Ltd acquired a new position in Lightspeed Commerce during the 4th quarter valued at about $579,000. Finally, PDT Partners LLC purchased a new position in shares of Lightspeed Commerce during the third quarter valued at approximately $659,000. 68.68% of the stock is currently owned by institutional investors.
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.
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