Lightspeed Commerce Inc (LSPD) Stock: A Look at the Analyst Recommendations

LSPD has 36-month beta value of 2.62. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for LSPD is 136.71M, and currently, short sellers hold a 3.97% ratio of that float. The average trading volume of LSPD on April 26, 2024 was 1.42M shares.

LSPD) stock’s latest price update

Lightspeed Commerce Inc (NYSE: LSPD)’s stock price has decreased by -2.72 compared to its previous closing price of 13.59. However, the company has seen a 1.77% increase in its stock price over the last five trading sessions. Market Watch reported 2024-04-03 that Shares of Lightspeed Commerce Inc. rose Wednesday, after the Canada-based provider of point-of-sale software for retailers and restaurants announced plans to cut labor costs by 10%, as part of the next phase of its growth strategy.

LSPD’s Market Performance

LSPD’s stock has risen by 1.77% in the past week, with a monthly drop of -4.48% and a quarterly drop of -27.04%. The volatility ratio for the week is 2.18% while the volatility levels for the last 30 days are 2.99% for Lightspeed Commerce Inc The simple moving average for the last 20 days is -3.31% for LSPD stock, with a simple moving average of -15.93% for the last 200 days.

Analysts’ Opinion of LSPD

BTIG Research, on the other hand, stated in their research note that they expect to see LSPD reach a price target of $24, previously predicting the price at $20. The rating they have provided for LSPD stocks is “Buy” according to the report published on December 28th, 2023.

JP Morgan gave a rating of “Neutral” to LSPD, setting the target price at $19 in the report published on December 18th of the previous year.

LSPD Trading at -3.01% from the 50-Day Moving Average

After a stumble in the market that brought LSPD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.11% of loss for the given period.

Volatility was left at 2.99%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares sank -5.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.56% lower at present.

During the last 5 trading sessions, LSPD rose by +1.77%, which changed the moving average for the period of 200-days by -24.63% in comparison to the 20-day moving average, which settled at $13.63. In addition, Lightspeed Commerce Inc saw -37.02% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for LSPD

Current profitability levels for the company are sitting at:

  • -0.33 for the present operating margin
  • 0.44 for the gross margin

The net margin for Lightspeed Commerce Inc stands at -0.31. The total capital return value is set at -0.11. Equity return is now at value -8.28, with -7.75 for asset returns.

Based on Lightspeed Commerce Inc (LSPD), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -5.03. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -150.29.

Currently, EBITDA for the company is 654.2 million with net debt to EBITDA at 10.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 11.58for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.12.

Conclusion

To put it simply, Lightspeed Commerce Inc (LSPD) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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