Analysts Issue Research Notes On Lightspeed Commerce Inc. (LSPD)

Lightspeed Commerce Inc. (NYSE:LSPD) trading with a subtraction of -$3.08 to $89.51 on Friday, a downside of -3.33 percent. An average of 1,604,434 shares of common stock have been traded in the last five days. There was a fall of -$7.90 in the past week. The last 20 days have seen an average of 1,753,474 shares traded, while the 50-day average volume stands at 1,377,525.

LSPD stock has decreased by -20.41% in the last month. The company shares reached their 1-month lowest point of $84.29 on 10/06/21. With the stock rallying to its 52-week high on 09/22/21, shares of the company touched a low of $30.95 and a high of $130.02 in 52 weeks. In spite of this, the price is down -31.16% from the 52-week high.


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Valuation Metrics

Lightspeed Commerce Inc. (LSPD) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 37.02 for the sector. This means investors are optimistic about the stock’s future prospects. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 43.13, the price-to-book (PB) ratio at 4.59.

The quick ratio of Lightspeed Commerce Inc. for the three months ended June 29 was 4.90, and the current ratio was 4.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.03 and a total debt to equity ratio of 0.03 for the quarter ending June 29. Lightspeed Commerce Inc.’s EBITDA margin for the year ending June 29 is -38.10%, while its operating margin for the same period stands at -52.90%. Its gross profit as reported stood at $127.3 million compared to revenue of $221.73 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Lightspeed Commerce Inc.’s return on assets was -9.10%. For the broader industry, ROE averaged 3.34 over the past year.

Earnings Surprise

The analyst consensus anticipated Lightspeed Commerce Inc.’s latest quarter earnings to come in at -$0.07 per share, but it turned out to be -$0.05, a 28.60% surprise. For the quarter, EBITDA amounted to -$31.65 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Lightspeed Commerce Inc. (LSPD) price momentum. RSI 9-day as of the close on 07 October was 28.89%, suggesting the stock is oversold, with historical volatility in this time frame at 78.42%.

As of today, LSPD’s price is $90.67 -8.05% or -$7.90 from its 5-day moving average. LSPD is currently trading -27.21% lower than its 20-day SMA and +53.61% higher than its 100-day SMA. However, the stock’s current price level is +2.16% above the SMA50 and +34.62% above the SMA200.

The stochastic %K and %D were 13.19% and 10.45%, respectively, and the average true range (ATR) was 6.40. With the 14-day stochastic at 13.10% and the average true range at 6.02, the RSI (14) stands at 33.59%. The stock has reached -5.15 on the 9-day MACD Oscillator while the 14-day reading was at -14.64.

Analyst Ratings

Piper Sandler launched coverage on Lightspeed Commerce Inc. (NYSE: LSPD) in its analyst report released on September 08, 2021. The firm assigned the stock a an Overweight rating.The consensus rating for Lightspeed Commerce Inc. (LSPD) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell LSPD, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 12 others rate it as a “buy”.

What is LSPD’s price target for the next 12 months?

Analysts predict a range of price targets between $75.74 and $157.46, with a median target of $114.50. Taking a look at these predictions, the average price target given by analysts for Lightspeed Commerce Inc. (LSPD) stock is $120.65.

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