Lightspeed Commerce (LSPD) to Release Earnings on Thursday

Lightspeed Commerce (NYSE:LSPD) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, August 1st. Analysts expect Lightspeed Commerce to post earnings of $0.06 per share for the quarter. Lightspeed Commerce has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Lightspeed Commerce (NYSE:LSPD) last issued its quarterly earnings data on Thursday, May 16th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.16. Lightspeed Commerce had a negative net margin of 18.03% and a negative return on equity of 2.02%. The company had revenue of $230.22 million for the quarter, compared to the consensus estimate of $224.08 million. On average, analysts expect Lightspeed Commerce to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lightspeed Commerce Trading Down 0.1 %

Shares of Lightspeed Commerce stock opened at $13.44 on Wednesday. Lightspeed Commerce has a 1 year low of $12.23 and a 1 year high of $21.71. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.23 and a current ratio of 6.34. The company has a market capitalization of $2.06 billion, a P/E ratio of -12.56 and a beta of 2.33. The company’s fifty day moving average is $14.10 and its two-hundred day moving average is $14.48.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LSPD. Scotiabank lifted their target price on shares of Lightspeed Commerce from $20.00 to $21.00 and gave the company a “sector outperform” rating in a report on Friday, May 17th. TD Securities lifted their target price on shares of Lightspeed Commerce from $14.00 to $16.00 and gave the company a “hold” rating in a report on Friday, May 17th. UBS Group lifted their target price on shares of Lightspeed Commerce from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Tuesday, May 21st. BMO Capital Markets lifted their target price on shares of Lightspeed Commerce from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Friday, May 17th. Finally, Jefferies Financial Group lifted their target price on shares of Lightspeed Commerce from $14.00 to $16.00 and gave the company a “hold” rating in a report on Tuesday, May 21st. Twelve equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Lightspeed Commerce currently has a consensus rating of “Hold” and an average price target of $18.78.

About Lightspeed Commerce

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.