Lightspeed Commerce Inc (NYSE: LSPD) is -33.21% lower on its value in year-to-date trading and has touched a low of $11.01 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 $13.34 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $14.02, the stock is 9.48% and 7.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 5.10% at the moment leaves the stock -4.96% off its SMA200. LSPD registered -5.27% loss for a year compared to 6-month loss of 2.19%.
The stock witnessed a 5.89% gain in the last 1 month and extending the period to 3 months gives it a 5.18%, and is 11.18% 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 2.99% over the week and 2.95% over the month.
Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $2.12B and $966.28M in sales. Fwd P/E is 25.48. Profit margin for the company is -15.55%. Distance from 52-week low is 27.34% and -35.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.35%).
The EPS is expected to grow by 140.23% this year
218.0 institutions hold shares in Lightspeed Commerce Inc (LSPD), with institutional investors hold 69.82% of the company’s shares. The shares outstanding are 153.55M, and float is at 136.36M with Short Float at 3.48%. Institutions hold 62.89% 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 $331.9 million. The investor’s holdings represent 15.6823 of the LSPD Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 17.66 million shares valued at $241.39 million to account for 11.4033 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.21 million shares representing 3.3625 and valued at over $71.29 million, while ARTISAN PARTNERS LIMITED PARTNERSHIP holds 3.1798 of the shares totaling 4.92 million with a market value of $67.32 million.
