Lightspeed Commerce Inc. (NYSE:LSPD – Free Report) – Analysts at Stifel Canada cut their FY2026 earnings per share (EPS) estimates for shares of Lightspeed Commerce in a research note issued on Thursday, March 27th. Stifel Canada analyst S. Sukumar now expects that the company will post earnings per share of $0.29 for the year, down from their previous forecast of $0.38. The consensus estimate for Lightspeed Commerce’s current full-year earnings is $0.08 per share.
Several other brokerages also recently commented on LSPD. Atb Cap Markets downgraded shares of Lightspeed Commerce from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 26th. Wells Fargo & Company reduced their price target on Lightspeed Commerce from $13.00 to $11.00 and set an “equal weight” rating on the stock in a report on Friday. Piper Sandler dropped their price objective on Lightspeed Commerce from $13.00 to $11.00 and set a “neutral” rating for the company in a report on Thursday. Benchmark reduced their target price on Lightspeed Commerce from $21.00 to $16.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, 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, March 25th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $16.09.
Lightspeed Commerce Trading Down 3.1 %
Shares of LSPD opened at $9.08 on Monday. The company’s fifty day simple moving average is $12.52 and its 200-day simple moving average is $14.74. The company has a market cap of $1.39 billion, a P/E ratio of -11.34, a P/E/G ratio of 3.03 and a beta of 2.44. The company has a current ratio of 6.10, a quick ratio of 5.99 and a debt-to-equity ratio of 0.01. Lightspeed Commerce has a twelve month low of $9.00 and a twelve month high of $18.96.
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last released its quarterly earnings results 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 negative net margin of 11.75% and a positive return on equity of 0.61%.
Institutional Trading of Lightspeed Commerce
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership lifted its stake in shares of Lightspeed Commerce by 37,065.0% during 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 last quarter. Ameriprise Financial Inc. purchased a new stake in shares of Lightspeed Commerce during the fourth quarter valued at about $24,334,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Lightspeed Commerce by 266.2% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,356,600 shares of the company’s stock valued at $20,660,000 after buying an additional 986,100 shares in the last quarter. Intact Investment Management Inc. grew its position in shares of Lightspeed Commerce by 94.5% in the 4th quarter. Intact Investment Management Inc. now owns 1,707,257 shares of the company’s stock worth $26,031,000 after buying an additional 829,577 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. grew its position in shares of Lightspeed Commerce by 304.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 397,752 shares of the company’s stock worth $6,061,000 after buying an additional 299,482 shares during the last quarter. Institutional investors own 68.68% of the company’s stock.
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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