Lightspeed Commerce Inc. (TSE:LSPD) Given Average Rating of “Hold” by Analysts

Lightspeed Commerce Inc. (TSE:LSPD) has received a consensus rating of “Hold” from the nine brokerages that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$16.45.

A number of equities analysts have weighed in on LSPD shares. Royal Bank Of Canada decreased their target price on Lightspeed Commerce from C$15.00 to C$13.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. BTIG Research decreased their price objective on shares of Lightspeed Commerce from C$16.00 to C$15.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. TD Securities lowered their target price on shares of Lightspeed Commerce from C$15.00 to C$11.00 and set a “hold” rating on the stock in a research note on Friday, February 6th. Jefferies Financial Group cut their price target on shares of Lightspeed Commerce from C$20.00 to C$15.50 in a research note on Monday, November 24th. Finally, Barclays decreased their price target on shares of Lightspeed Commerce from C$14.00 to C$12.00 and set a “hold” rating on the stock in a report on Friday, February 6th.

Lightspeed Commerce Stock Performance

Lightspeed Commerce stock opened at C$12.25 on Tuesday. Lightspeed Commerce has a 1-year low of C$10.50 and a 1-year high of C$19.89. The company has a current ratio of 6.10, a quick ratio of 6.05 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of C$1.68 billion, a PE ratio of -2.67 and a beta of 2.24. The firm’s 50 day simple moving average is C$15.55 and its 200 day simple moving average is C$16.23.

Lightspeed Commerce (TSE:LSPD) last released its quarterly earnings results on Thursday, February 5th. The company reported C$0.21 EPS for the quarter. Lightspeed Commerce had a negative net margin of 11.75% and a negative return on equity of 5.25%. The firm had revenue of C$428.71 million during the quarter. As a group, analysts expect that Lightspeed Commerce will post 0.5970516 earnings per share for the current fiscal 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.