In the latest session, Lightspeed Commerce Inc (NYSE: LSPD) closed at $13.02 down -2.76% from its previous closing price of $13.39. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 642574 shares were traded.
Ratios:
For a deeper understanding of Lightspeed Commerce Inc’s stock, let’s take a closer look at its various 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 2.01B and an Enterprise Value of 1.28B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.48 whereas that against EBITDA is -14.13.
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 16.26, while the 200-Day Moving Average is calculated to be 16.01.
Shares Statistics:
For the past three months, LSPD has traded an average of 1.49M shares per day and 995.75k over the past ten 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 63.68% stake in the company. Shares short for LSPD as of Feb 29, 2024 were 4.14M with a Short Ratio of 3.18, compared to 4.05M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.70% and a Short% of Float of 2.98%.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. 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
A total of 16 analysts believe the company’s revenue will be $226.8M this 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.
