Brokerages Set Lightspeed Commerce Inc. (TSE:LSPD) PT at C$19.14

Lightspeed Commerce Inc. (TSE:LSPD) has been assigned a consensus rating of “Hold” from the ten analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$19.14.

A number of analysts have weighed in on LSPD shares. TD Securities increased their price target on shares of Lightspeed Commerce from C$13.00 to C$15.00 and gave the company a “hold” rating in a report on Friday, November 7th. Jefferies Financial Group cut their price objective on shares of Lightspeed Commerce from C$20.00 to C$15.50 in a research report on Monday, November 24th. Finally, JPMorgan Chase & Co. lifted their target price on Lightspeed Commerce from C$19.00 to C$20.00 in a research report on Friday, November 7th.

Lightspeed Commerce Price Performance

Shares of TSE:LSPD opened at C$16.56 on Monday. The company has a market cap of C$2.25 billion, a price-to-earnings ratio of -3.68 and a beta of 2.52. The business has a 50 day moving average price of C$16.58 and a 200 day moving average price of C$16.58. The company has a quick ratio of 6.05, a current ratio of 6.10 and a debt-to-equity ratio of 0.83. Lightspeed Commerce has a twelve month low of C$10.50 and a twelve month high of C$23.36.

Lightspeed Commerce (TSE:LSPD) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$0.16 EPS for the quarter. Lightspeed Commerce had a negative return on equity of 5.25% and a negative net margin of 11.75%.The company had revenue of C$444.13 million during the quarter. Research analysts predict that Lightspeed Commerce will post 0.5970516 earnings per share for the current year.

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accepts payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, Netherlands, Australia, and other countries. It derives a majority of its revenue from the United States.