Lightspeed POS Inc. (TSE:LSPD) has received a consensus rating of “Buy” from the fourteen brokerages that are currently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$93.86.
A number of equities research analysts recently issued reports on the company. ATB Capital upped their target price on Lightspeed POS from C$120.00 to C$130.00 in a research note on Friday, February 5th. Cormark raised their price objective on Lightspeed POS from C$80.00 to C$93.00 in a research report on Friday, February 5th. Royal Bank of Canada upgraded Lightspeed POS from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$90.00 to C$120.00 in a research note on Monday, February 22nd. JPMorgan Chase & Co. increased their target price on Lightspeed POS from C$74.00 to C$94.00 and gave the company a “buy” rating in a research note on Friday, February 5th. Finally, BTIG Research increased their target price on Lightspeed POS from C$97.00 to C$104.00 and gave the company a “na” rating in a research note on Friday, March 12th.
LSPD traded down C$4.08 during trading on Thursday, reaching C$79.09. The company’s stock had a trading volume of 622,309 shares, compared to its average volume of 713,150. Lightspeed POS has a 52-week low of C$21.55 and a 52-week high of C$104.98. The company’s fifty day moving average price is C$83.70 and its 200-day moving average price is C$77.41. The company has a market capitalization of C$10.38 billion and a price-to-earnings ratio of -64.17. The company has a debt-to-equity ratio of 4.06, a quick ratio of 2.14 and a current ratio of 2.37.
Lightspeed POS Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's solutions cover front-end customer experience that include point of sale, omni-channel engagement, home delivery, and order and loyalty management, as well as management of discounts, price rules, and gift cards; back-end operations management comprising product and menu, inventory, bookings and membership, customer, employee, accounting, floor and table, workflow, reporting and analytics, and real-time dashboard; and integrated payment gateway solutions.
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