As of Friday close, Lightspeed Commerce Inc.’s (NYSE:LSPD) stock was up $0.52, moving up 3.46 percent to $15.56. The average number of shares traded per day over the past five days has been 592,420 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.30 fall in that time frame. In the last twenty days, the average volume was 823,205, while in the previous 50 days, it was 890,270.
Since last month, LSPD stock retreated -11.89%. Shares of the company fell to $14.58 on 08/18/23, the lowest level in the past month. A 52-week high of $20.97 was reached on 02/02/23 after having rallying from a 52-week low of $12.45. Since the beginning of this year, LSPD’s stock price has risen by 8.81% or $1.26, and marked a new high 13 times. However, the stock has declined by -25.80% since its 52-week high.
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Valuation Metrics
The stock’s beta is 2.66. Besides these, the trailing price-to-sales (P/S) ratio of 3.11, the price-to-book (PB) ratio of 0.71.
Financial Health
In the three months ended June 29, Lightspeed Commerce Inc.’s quick ratio stood at 6.50, while its current ratio was 6.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.01, and the total debt-to-equity ratio was 0.01. On the profitability front, the trailing twelve-month gross margin is 44.60% percent. Based on annual data, LSPD earned $331.96 million in gross profit and brought in $730.51 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -43.40%. Return on equity (ROE) for the past 12 months was -37.70%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LSPD’s revenue rose 100.0% during the quarter, while net income inched up to $730.51 million. While analysts expected Lightspeed Commerce Inc. to report -$0.03 quarterly earnings, the actual figure was -$0.01 per share, beating the consensus estimate by 66.70%. During the quarter, the company generated -$30.05 million in EBITDA. The liabilities of Lightspeed Commerce Inc. were 158.24 million at the end of its most recent quarter ended June 29, and its total debt was $24.46 million.
Technical Picture
This quick technical analysis looks at Lightspeed Commerce Inc.’s (LSPD) price momentum. With a historical volatility rate of 39.63%, the RSI 9-day stood at 38.75% on 18 August.
With respect to its five-day moving average, the current Lightspeed Commerce Inc. price is down by -1.89% percent or -$0.30. At present, LSPD shares trade -11.29% below its 20-day simple moving average and +4.99% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.05% above its SMA50 and -18.79% below its SMA200.
Stochastic coefficient K was 10.96% and Stochastic coefficient D was 7.93%, while ATR was 0.71. Given the Stochastic reading of 28.24% for the 14-day period, the RSI (14) reading has been calculated as 41.56%. As of today, the MACD Oscillator reading stands at -0.57, while the 14-day reading stands at -1.06.
Analyst Ratings
Lightspeed Commerce Inc. (LSPD) has been rated Overweight by analysts. According to 1 brokerage firm, LSPD is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Lightspeed Commerce Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $20.60, the current consensus forecast for the stock is $15.00 – $32.17. Based on these forecasts, analysts predict Lightspeed Commerce Inc. (LSPD) will achieve an average price target of $21.42.
