Lightspeed Commerce Inc (NYSE: LSPD) is -20.15% 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 $16.42 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $16.76, the stock is 26.46% and 27.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 2.07% at the moment leaves the stock 14.11% off its SMA200. LSPD registered 21.10% gain for a year compared to 6-month loss of 19.20%. The firm has a 50-day simple moving average (SMA 50) of $13.1842 and a 200-day simple moving average (SMA200) of $14.6867.
The stock witnessed a 33.44% gain in the last 1 month and extending the period to 3 months gives it a 22.43%, and is 21.36% 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 6.37% over the week and 3.93% over the month.
Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $2.54B and $966.28M in sales. Fwd P/E is 30.47. Profit margin for the company is -15.55%. Distance from 52-week low is 52.23% and -22.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.35%).
with sales reaching $274.15M over the same period.The EPS is expected to grow by 140.19% this year, but quarterly earnings will post 22.10% year-over-year.
Lightspeed Commerce Inc (LSPD) Top Institutional Holders
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 3.60%. 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.
Lightspeed Commerce Inc (LSPD) Insider Activity
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