Research Analysts Issue Forecasts for LSAK Q1 Earnings

Lesaka Technologies, Inc. (NASDAQ:LSAK) – Research analysts at Litchfield Hills Research issued their Q1 2027 earnings per share (EPS) estimates for shares of Lesaka Technologies in a note issued to investors on Tuesday, September 15th. Litchfield Hills Research analyst T. O’neill forecasts that the company will post earnings per share of ($0.03) for the quarter. The consensus estimate for Lesaka Technologies’ current full-year earnings is $0.25 per share. Litchfield Hills Research also issued estimates for Lesaka Technologies’ Q2 2027 earnings at $0.05 EPS, Q3 2027 earnings at $0.10 EPS and Q4 2027 earnings at $0.09 EPS.

Lesaka Technologies (NASDAQ:LSAK) last posted its quarterly earnings data on Saturday, August 15th. The company reported $0.15 earnings per share (EPS) for the quarter. Lesaka Technologies had a return on equity of 1.65% and a net margin of 0.43%.The company had revenue of $98.50 million for the quarter.

Several other research firms have also recently issued reports on LSAK. Wall Street Zen cut shares of Lesaka Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Jefferies Financial Group reissued a “buy” rating and issued a $7.56 target price on shares of Lesaka Technologies in a research report on Monday. Finally, Weiss Ratings lowered shares of Lesaka Technologies from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $7.56.

Lesaka Technologies Stock Performance

Lesaka Technologies stock opened at $4.24 on Thursday. Lesaka Technologies has a 52 week low of $3.62 and a 52 week high of $5.54. The company has a current ratio of 1.59, a quick ratio of 1.47 and a debt-to-equity ratio of 0.95. The stock has a market cap of $363.88 million, a P/E ratio of 106.03 and a beta of 0.33. The stock has a 50 day moving average of $4.63 and a 200-day moving average of $4.78.

Institutional Investors Weigh In On Lesaka Technologies

Several institutional investors and hedge funds have recently bought and sold shares of LSAK. Rathbones Group PLC lifted its holdings in Lesaka Technologies by 6.6% in the fourth quarter. Rathbones Group PLC now owns 3,644,420 shares of the company’s stock worth $17,384,000 after acquiring an additional 225,000 shares during the last quarter. Potomac Capital Management Inc. bought a new position in shares of Lesaka Technologies during the fourth quarter valued at approximately $4,766,000. Renaissance Technologies LLC raised its position in shares of Lesaka Technologies by 16.6% during the 1st quarter. Renaissance Technologies LLC now owns 185,900 shares of the company’s stock worth $946,000 after purchasing an additional 26,500 shares during the period. 9823 Capital L.P. bought a new stake in shares of Lesaka Technologies in the 4th quarter worth approximately $94,000. Finally, AXQ Capital LP acquired a new position in Lesaka Technologies during the 2nd quarter valued at approximately $60,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

About Lesaka Technologies

Lesaka Technologies, Inc is a financial technology company that provides digital payments and financial services in Southern Africa. Formerly known as Net 1 UEPS Technologies, the company adopted the Lesaka name in 2022 as part of a broader focus on payments, banking, and related technology services.

Lesaka serves consumers, merchants, and businesses through services that include digital wallets, card and cash payments, money transfers, prepaid products, bill payment, banking services, and lending.