Lesaka Technologies (NASDAQ:LSAK) Releases FY 2027 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.455-0.515 for the period, compared to the consensus earnings per share estimate of 0.410. The company issued revenue guidance of $424.5 million-$466.9 million, compared to the consensus revenue estimate of $707.4 million. Lesaka Technologies also updated its Q1 2027 guidance to 0.024-0.036 EPS.

Lesaka Technologies Stock Performance

Shares of NASDAQ LSAK traded up $0.07 during trading on Wednesday, hitting $4.59. The company had a trading volume of 123,275 shares, compared to its average volume of 115,615. Lesaka Technologies has a 12 month low of $3.62 and a 12 month high of $5.54. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.44 and a current ratio of 1.54. The firm has a market capitalization of $393.81 million, a P/E ratio of -13.11 and a beta of 0.33. The stock has a 50 day simple moving average of $4.70 and a 200 day simple moving average of $4.79.

Lesaka Technologies (NASDAQ:LSAK) last announced its quarterly earnings data on Wednesday, September 9th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. Lesaka Technologies had a negative return on equity of 15.95% and a negative net margin of 4.11%.The company had revenue of $98.50 million during the quarter, compared to the consensus estimate of $98.78 million. Lesaka Technologies has set its FY 2027 guidance at 0.455-0.515 EPS and its Q1 2027 guidance at 0.024-0.036 EPS. As a group, analysts anticipate that Lesaka Technologies will post 0.03 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on LSAK. Wall Street Zen downgraded shares of Lesaka Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Weiss Ratings cut Lesaka Technologies from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, September 2nd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

Hedge Funds Weigh In On Lesaka Technologies

A number of institutional investors and hedge funds have recently modified their holdings of LSAK. Citadel Advisors LLC boosted its stake in shares of Lesaka Technologies by 26.4% during the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock worth $79,000 after purchasing an additional 3,959 shares during the period. Susquehanna International Group LLP bought a new stake in Lesaka Technologies in the third quarter worth about $74,000. Finally, Barclays PLC lifted its stake in Lesaka Technologies by 13,359.8% in the fourth quarter. Barclays PLC now owns 141,866 shares of the company’s stock worth $677,000 after purchasing an additional 140,812 shares during the last quarter. Hedge funds and other institutional investors own 24.19% of the company’s stock.

About Lesaka Technologies

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.