Lightspeed Commerce Inc (LSPD) Stocks Experience Steady decrease to Close at $13.55

Lightspeed Commerce Inc (NYSE: LSPD) closed the day trading at $13.55 down -1.31% from the previous closing price of $13.73. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1623524 shares were traded. LSPD stock price reached its highest trading level at $14.07 during the session, while it also had its lowest trading level at $13.52.

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Ratios:

For a better understanding of LSPD, let’s look at its different ratios. 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 2.07B and an Enterprise Value of 1.34B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.41 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 1.55 whereas that against EBITDA is -14.83.

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 17.23, while the 200-Day Moving Average is calculated to be 16.00.

Shares Statistics:

Over the past 3-months, LSPD traded about 1.49M shares per day on average, while over the past 10 days, LSPD traded about 1.2M shares per day. A total of 151.17M shares are outstanding, with a floating share count of 136.64M. Insiders hold about 10.84% of the company’s shares, while institutions hold 61.82% stake in the company. Shares short for LSPD as of Feb 15, 2024 were 4.74M with a Short Ratio of 3.19, compared to 4.19M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.10% and a Short% of Float of 3.41%.

Earnings Estimates

Current recommendations for the stock of the company come from 10 analysts. 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 $0.34 and -$0.06.

Revenue Estimates

15 analysts predict $226.85M in revenue for the current quarter. It ranges from a high estimate of $255.6M 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 23.10% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $260.59M, an increase of 31.70% over than the figure of $23.10% in the same quarter last year. There is a high estimate of $271.6M for the next quarter, whereas the lowest estimate is $244.8M.

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 $904.25M. 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 $1.14B in the next fiscal year. The high estimate is $1.39B and the low estimate is $1.05B. The average revenue growth estimate for next year is up 25.70% from the average revenue estimate for this year.

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