Q3 EPS Forecast for Lesaka Technologies Lowered by Analyst

Lesaka Technologies, Inc. (NASDAQ:LSAK) – Analysts at Litchfield Hills Research cut their Q3 2026 earnings per share estimates for Lesaka Technologies in a research note issued on Wednesday, February 11th. Litchfield Hills Research analyst T. O’neill now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.02. The consensus estimate for Lesaka Technologies’ current full-year earnings is ($0.16) per share.

Lesaka Technologies (NASDAQ:LSAK) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. Lesaka Technologies had a negative return on equity of 28.23% and a negative net margin of 7.87%.The company had revenue of $93.40 million during the quarter, compared to the consensus estimate of $166.00 million. Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS.

Several other equities research analysts have also recently weighed in on the stock. Wall Street Zen upgraded shares of Lesaka Technologies to a “hold” rating in a research report on Saturday. Zacks Research raised shares of Lesaka Technologies from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Lesaka Technologies in a research report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Lesaka Technologies Stock Performance

Shares of LSAK opened at $4.41 on Friday. The company’s fifty day moving average is $4.54 and its 200-day moving average is $4.38. The company has a quick ratio of 1.43, a current ratio of 1.57 and a debt-to-equity ratio of 1.09. Lesaka Technologies has a 12 month low of $3.39 and a 12 month high of $5.10. The firm has a market cap of $370.09 million, a price-to-earnings ratio of -7.00 and a beta of 0.47.

Hedge Funds Weigh In On Lesaka Technologies

A number of large investors have recently modified their holdings of the business. Citadel Advisors LLC raised its position in Lesaka Technologies by 26.4% during the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock worth $79,000 after acquiring an additional 3,959 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Lesaka Technologies during the 3rd quarter worth about $74,000. Schwarz Dygos Wheeler Investment Advisors LLC bought a new stake in shares of Lesaka Technologies in the 2nd quarter valued at about $595,000. Rathbones Group PLC lifted its stake in Lesaka Technologies by 6.6% in the 4th quarter. Rathbones Group PLC now owns 3,644,420 shares of the company’s stock valued at $17,384,000 after purchasing an additional 225,000 shares during the last quarter. Finally, Potomac Capital Management Inc. acquired a new stake in Lesaka Technologies in the 4th quarter valued at about $4,766,000. 24.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Chairman Ali Mazanderani bought 1,800,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were bought at an average cost of $5.00 per share, for a total transaction of $9,000,000.00. Following the completion of the acquisition, the chairman owned 2,325,115 shares in the company, valued at approximately $11,625,575. This trade represents a 342.78% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Daniel Luke Smith bought 11,503 shares of Lesaka Technologies stock in a transaction on Wednesday, December 10th. The shares were acquired at an average price of $4.40 per share, for a total transaction of $50,613.20. Following the completion of the acquisition, the chief financial officer owned 23,500 shares of the company’s stock, valued at approximately $103,400. This represents a 95.88% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 1,830,500 shares of company stock valued at $9,130,204 over the last 90 days. Corporate insiders own 3.40% of the company’s stock.

Lesaka Technologies Company Profile

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.