Lightspeed Commerce Inc. (TSE:LSPD) Receives Average Recommendation of “Hold” from Analysts

Shares of Lightspeed Commerce Inc. (TSE:LSPD) have earned an average rating of “Hold” from the nine analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$16.45.

LSPD has been the subject of several research reports. Royal Bank Of Canada reduced their price target on shares of Lightspeed Commerce from C$15.00 to C$13.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Jefferies Financial Group lowered their price objective on shares of Lightspeed Commerce from C$20.00 to C$15.50 in a report on Monday, November 24th. BTIG Research dropped their price objective on shares of Lightspeed Commerce from C$16.00 to C$15.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. TD Securities reduced their price objective on shares of Lightspeed Commerce from C$15.00 to C$11.00 and set a “hold” rating for the company in a report on Friday, February 6th. Finally, Stifel Nicolaus decreased their target price on shares of Lightspeed Commerce from C$15.00 to C$12.00 and set a “hold” rating for the company in a research report on Friday, February 6th.

Lightspeed Commerce Stock Down 0.7%

LSPD stock opened at C$12.40 on Friday. The stock’s 50 day simple moving average is C$13.78 and its 200 day simple moving average is C$15.58. Lightspeed Commerce has a fifty-two week low of C$10.50 and a fifty-two week high of C$19.89. The company has a debt-to-equity ratio of 2.33, a quick ratio of 6.05 and a current ratio of 4.40. The company has a market cap of C$1.70 billion, a P/E ratio of -2.71 and a beta of 1.78.

Lightspeed Commerce (TSE:LSPD) last announced its quarterly earnings data on Thursday, February 5th. The company reported C$0.21 EPS for the quarter. The firm had revenue of C$428.71 million during the quarter. Lightspeed Commerce had a negative return on equity of 44.56% and a negative net margin of 57.96%. On average, research analysts expect that Lightspeed Commerce will post 0.5970516 earnings per share for the current fiscal year.

About Lightspeed Commerce

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations. With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network.