Lightspeed Commerce Inc. (TSE:LSPD) Receives Average Recommendation of “Hold” from Brokerages

Shares of Lightspeed Commerce Inc. (TSE:LSPD) have been given an average rating of “Hold” by the eight ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$16.45.

LSPD has been the subject of a number of research analyst reports. BTIG Research decreased their target price on Lightspeed Commerce from C$16.00 to C$15.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Royal Bank Of Canada reduced their price target on Lightspeed Commerce from C$15.00 to C$13.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. TD Securities reduced their price target on Lightspeed Commerce from C$15.00 to C$11.00 and set a “hold” rating for the company in a research report on Friday, February 6th. Barclays reduced their price target on Lightspeed Commerce from C$14.00 to C$12.00 and set a “hold” rating for the company in a research report on Friday, February 6th. Finally, Stifel Nicolaus reduced their price target on Lightspeed Commerce from C$15.00 to C$12.00 and set a “hold” rating for the company in a research report on Friday, February 6th.

Lightspeed Commerce Trading Down 0.9%

Shares of TSE LSPD opened at C$12.33 on Wednesday. The company has a quick ratio of 6.05, a current ratio of 4.40 and a debt-to-equity ratio of 2.33. The business has a fifty day simple moving average of C$12.68 and a two-hundred day simple moving average of C$15.12. The firm has a market cap of C$1.69 billion, a PE ratio of -2.69 and a beta of 1.51. Lightspeed Commerce has a twelve month low of C$11.29 and a twelve month high of C$19.89.

Lightspeed Commerce (TSE:LSPD) last issued its earnings results on Thursday, February 5th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$428.71 million during the quarter. Lightspeed Commerce had a negative return on equity of 44.56% and a negative net margin of 57.96%. Analysts expect that Lightspeed Commerce will post 0.5970516 earnings per share for the current fiscal year.

Lightspeed Commerce Company Profile

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations. With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network.