Q3 EPS Forecast for Lesaka Technologies Reduced by Analyst

Lesaka Technologies, Inc. (NASDAQ:LSAK) – Research analysts at Litchfield Hills Research reduced their Q3 2026 EPS estimates for Lesaka Technologies in a research note issued to investors on Wednesday, February 11th. Litchfield Hills Research analyst T. O’neill now forecasts that the company will earn $0.01 per share for the quarter, down from their previous estimate of $0.02. The consensus estimate for Lesaka Technologies’ current full-year earnings is ($0.16) per share.

LSAK has been the subject of a number of other research reports. Zacks Research raised Lesaka Technologies from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lesaka Technologies in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Lesaka Technologies has an average rating of “Reduce”.

Lesaka Technologies Stock Down 2.2%

Shares of Lesaka Technologies stock opened at $4.41 on Friday. Lesaka Technologies has a 1-year low of $3.39 and a 1-year high of $5.10. The company has a market capitalization of $370.09 million, a PE ratio of -7.00 and a beta of 0.47. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.57 and a quick ratio of 1.43. The business has a 50-day moving average of $4.54 and a 200-day moving average of $4.38.

Lesaka Technologies (NASDAQ:LSAK) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. Lesaka Technologies had a negative net margin of 7.87% and a negative return on equity of 28.23%. The business had revenue of $93.40 million during the quarter, compared to analyst estimates of $166.00 million. Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Rathbones Group PLC raised its stake in Lesaka Technologies by 6.6% during the fourth quarter. Rathbones Group PLC now owns 3,644,420 shares of the company’s stock worth $17,384,000 after acquiring an additional 225,000 shares during the period. Potomac Capital Management Inc. bought a new position in shares of Lesaka Technologies during the fourth quarter valued at approximately $4,766,000. Schwarz Dygos Wheeler Investment Advisors LLC acquired a new stake in shares of Lesaka Technologies during the 2nd quarter worth approximately $595,000. Citadel Advisors LLC lifted its holdings in shares of Lesaka Technologies by 26.4% in the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock worth $79,000 after purchasing an additional 3,959 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of Lesaka Technologies in the 3rd quarter worth approximately $74,000. 24.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Lesaka Technologies

In other news, CFO Daniel Luke Smith purchased 11,503 shares of the stock in a transaction dated Wednesday, December 10th. The stock was acquired at an average cost of $4.40 per share, for a total transaction of $50,613.20. Following the acquisition, the chief financial officer owned 23,500 shares of the company’s stock, valued at $103,400. The trade was a 95.88% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Ali Mazanderani purchased 1,800,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were purchased at an average cost of $5.00 per share, for a total transaction of $9,000,000.00. Following the completion of the transaction, the chairman owned 2,325,115 shares in the company, valued at approximately $11,625,575. This represents a 342.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 1,830,500 shares of company stock valued at $9,130,204. Insiders own 3.40% of the company’s stock.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.