Litchfield Hills Research Comments on LSAK Q3 Earnings

Lesaka Technologies, Inc. (NASDAQ:LSAK) – Research analysts at Litchfield Hills Research decreased their Q3 2026 EPS estimates for shares of Lesaka Technologies in a research report issued on Wednesday, February 11th. Litchfield Hills Research analyst T. O’neill now expects that the company will post earnings per share of $0.01 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.

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

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

Lesaka Technologies Stock Down 3.0%

Shares of NASDAQ:LSAK opened at $4.51 on Friday. The stock has a market capitalization of $378.48 million, a P/E ratio of -7.16 and a beta of 0.47. The stock’s 50-day moving average price is $4.53 and its 200-day moving average price is $4.38. The company has a current ratio of 1.57, a quick ratio of 1.43 and a debt-to-equity ratio of 1.09. Lesaka Technologies has a 12-month low of $3.39 and a 12-month high of $5.10.

Insider Buying and Selling

In other news, Chairman Ali Mazanderani purchased 1,800,000 shares of the company’s stock in a transaction dated 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 purchase, the chairman directly owned 2,325,115 shares in the company, valued at approximately $11,625,575. This represents a 342.78% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Daniel Luke Smith acquired 11,503 shares of Lesaka Technologies stock in a transaction that occurred on Wednesday, December 10th. The shares were purchased at an average price of $4.40 per share, with a total value of $50,613.20. Following the transaction, 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 position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders bought 1,830,500 shares of company stock worth $9,130,204. Insiders own 3.40% of the company’s stock.

Hedge Funds Weigh In On Lesaka Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in LSAK. Rathbones Group PLC boosted its stake in shares of Lesaka Technologies by 6.6% during the 4th 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 last quarter. Potomac Capital Management Inc. purchased a new stake in Lesaka Technologies in the fourth quarter worth about $4,766,000. Schwarz Dygos Wheeler Investment Advisors LLC purchased a new position in shares of Lesaka Technologies during the 2nd quarter valued at about $595,000. Citadel Advisors LLC grew its stake in shares of Lesaka Technologies by 26.4% during the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock valued at $79,000 after acquiring an additional 3,959 shares during the period. Finally, Susquehanna International Group LLP bought a new stake in Lesaka Technologies during the 3rd quarter worth approximately $74,000. Hedge funds and other institutional investors own 24.19% of the company’s stock.

Lesaka Technologies Company Profile

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.