Lightspeed Commerce (TSE:LSPD) Issues Quarterly Earnings Results

Lightspeed Commerce (TSE:LSPD) posted its quarterly earnings data on Thursday. The company reported C($0.31) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$420.90 million for the quarter. Lightspeed Commerce had a negative net margin of 11.77% and a negative return on equity of 9.57%.

Lightspeed Commerce Price Performance

Shares of TSE LSPD opened at C$11.84 on Friday. The firm has a 50-day simple moving average of C$12.45 and a 200-day simple moving average of C$14.29. The stock has a market capitalization of C$1.63 billion, a price-to-earnings ratio of -2.59 and a beta of 1.70. The company has a quick ratio of 6.05, a current ratio of 4.16 and a debt-to-equity ratio of 1.36. Lightspeed Commerce has a 52 week low of C$10.80 and a 52 week high of C$19.89.

Analyst Upgrades and Downgrades

LSPD has been the topic of several recent analyst reports. Royal Bank Of Canada decreased their price objective on shares of Lightspeed Commerce from C$15.00 to C$13.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. Barclays decreased their price objective on shares of Lightspeed Commerce from C$14.00 to C$12.00 and set a “hold” rating on the stock in a report on Friday, February 6th. TD Securities decreased their price objective on shares of Lightspeed Commerce from C$15.00 to C$11.00 and set a “hold” rating on the stock in a report on Friday, February 6th. Stifel Nicolaus decreased their price objective on shares of Lightspeed Commerce from C$15.00 to C$12.00 and set a “hold” rating on the stock in a report on Friday, February 6th. Finally, BTIG Research decreased 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 report on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$16.45.

Lightspeed Commerce Company Profile

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.