The price of Lightspeed Commerce Inc (NYSE: LSPD) closed at $13.90 in the last session, down -2.39% from day before closing price of $14.24. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 513585 shares were traded.
Ratios:
We take a closer look at LSPD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.99 and its Current Ratio is at 6.12. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On December 28, 2023, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $20 to $24.
JP Morgan Upgraded its Underweight to Neutral on December 18, 2023, while the target price for the stock was maintained at $19.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LSPD now has a Market Capitalization of 2.18B and an Enterprise Value of 1.45B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 1.68 whereas that against EBITDA is -16.06.
Stock Price History:
Over the past 52 weeks, LSPD has reached a high of $21.71, while it has fallen to a 52-week low of $12.23. The 50-Day Moving Average of the stock is 14.50, while the 200-Day Moving Average is calculated to be 15.88.
Shares Statistics:
According to the various share statistics, LSPD traded on average about 1.44M shares per day over the past 3-months and 1.11M shares per day over the past 10 days. A total of 151.17M shares are outstanding, with a floating share count of 136.71M. Insiders hold about 10.79% of the company’s shares, while institutions hold 63.89% stake in the company. Shares short for LSPD as of Mar 15, 2024 were 4.28M with a Short Ratio of 2.97, compared to 4.74M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.80% and a Short% of Float of 3.08%.
Earnings Estimates
The company has 11 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.11 and a low estimate of $0, while EPS last year was $0. The consensus estimate for the next quarter is $0.04, with high estimates of $0.07 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.19 and $0.1 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.22, with 13 analysts recommending between $0.35 and -$0.06.
Revenue Estimates
According to 15 analysts, the current quarter’s revenue is expected to be $224.72M. It ranges from a high estimate of $230.7M to a low estimate of $217.8M. As of the current estimate, Lightspeed Commerce Inc’s year-ago sales were $184.23M, an estimated increase of 22.00% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $259.3M, an increase of 31.10% over than the figure of $22.00% in the same quarter last year. There is a high estimate of $271.6M for the next quarter, whereas the lowest estimate is $249.2M.
A total of 17 analysts have provided revenue estimates for LSPD’s current fiscal year. The highest revenue estimate was $910M, while the lowest revenue estimate was $896.9M, resulting in an average revenue estimate of $904.08M. In the same quarter a year ago, actual revenue was $730.51M, up 23.80% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $1.12B in the next fiscal year. The high estimate is $1.17B and the low estimate is $1.08B. The average revenue growth estimate for next year is up 23.40% from the average revenue estimate for this year.
