Lightspeed Commerce Inc (NYSE: LSPD) is -30.01% lower on its value in year-to-date trading and has touched a low of $12.23 and a high of $21.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LSPD stock was last observed hovering at around $13.90 in the last trading session, with the day’s gains setting it 0.79%.
Currently trading at $14.69, the stock is 8.22% and -2.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.99 million and changing 5.68% at the moment leaves the stock -7.78% off its SMA200. LSPD registered -3.23% loss for a year compared to 6-month gain of 6.22%. The firm has a 50-day simple moving average (SMA 50) of $1.63 and a 200-day simple moving average (SMA200) of -$15.59.
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The stock witnessed a 3.38% loss in the last 1 month and extending the period to 3 months gives it a -24.51%, and is 6.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.86% over the week and 3.15% over the month.
Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $2.25B and $863.28M in sales. Fwd P/E is 60.78. Profit margin for the company is -23.85%. Distance from 52-week low is 20.11% and -32.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.39%).
Lightspeed Commerce Inc quarterly earnings per share for the current quarter are estimated at $0.06 with sales reaching $226.43M over the same period.The EPS is expected to grow by 194.40% this year, but quarterly earnings will post 23.70% year-over-year. Quarterly sales are estimated to grow 22.90% in year-over-year returns.
215 institutions hold shares in Lightspeed Commerce Inc (LSPD), with institutional investors hold 72.54% of the company’s shares. The shares outstanding are 151.17M, and float is at 136.71M with Short Float at 3.13%. Institutions hold 65.41% of the Float.
The top institutional shareholder in the company is Caisse De Depot Et Placement Du Quebec with over 24.29 million shares valued at $410.92 million. The investor’s holdings represent 15.92% of the LSPD Shares outstanding. As of Jun 29, 2023, the second largest holder is FIL LTD with 16.92 million shares valued at $286.24 million to account for 11.09% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 4.87 million shares representing 3.19% and valued at over $82.33 million, while Artisan Partners Limited Partnership holds 3.01% of the shares totaling 4.6 million with a market value of $77.79 million.
