Lightspeed Commerce Inc. (TSE:LSPD) Receives C$16.45 Consensus PT from Analysts

Lightspeed Commerce Inc. (TSE:LSPD) has been assigned an average recommendation of “Hold” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$16.45.

Several equities analysts recently commented on the stock. Jefferies Financial Group cut their target price on shares of Lightspeed Commerce from C$20.00 to C$15.50 in a research note on Monday, November 24th. JPMorgan Chase & Co. upped their price objective on shares of Lightspeed Commerce from C$19.00 to C$20.00 in a research report on Friday, November 7th. TD Securities reduced their target price on shares of Lightspeed Commerce from C$15.00 to C$11.00 and set a “hold” rating for the company in a research note on Friday, February 6th. BTIG Research lowered their price target on Lightspeed Commerce from C$16.00 to C$15.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Finally, Barclays cut their price target on Lightspeed Commerce from C$14.00 to C$12.00 and set a “hold” rating for the company in a report on Friday, February 6th.

Lightspeed Commerce Price Performance

TSE LSPD opened at C$12.81 on Tuesday. The stock has a 50-day simple moving average of C$15.30 and a 200 day simple moving average of C$16.15. Lightspeed Commerce has a twelve month low of C$10.50 and a twelve month high of C$19.89. The stock has a market capitalization of C$1.76 billion, a PE ratio of -2.80 and a beta of 2.24. The company has a debt-to-equity ratio of 0.83, a quick ratio of 6.05 and a current ratio of 6.10.

Lightspeed Commerce (TSE:LSPD) last issued its quarterly earnings results on Thursday, February 5th. The company reported C$0.21 EPS for the quarter. Lightspeed Commerce had a negative return on equity of 5.25% and a negative net margin of 11.75%.The company had revenue of C$428.71 million for the quarter. Research analysts anticipate that Lightspeed Commerce will post 0.5970516 EPS for the current year.

About Lightspeed Commerce

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accepts payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, Netherlands, Australia, and other countries. It derives a majority of its revenue from the United States.