Lightspeed Commerce Inc (NYSE: LSPD) is -10.58% 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 $18.25 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $18.77, the stock is 9.49% and 16.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 2.85% at the moment leaves the stock 31.86% off its SMA200. LSPD registered 12.53% gain for a year compared to 6-month gain of 25.72%. The firm has a 50-day simple moving average (SMA 50) of $16.17 and a 200-day simple moving average (SMA200) of $14.2349.
The stock witnessed a 25.55% loss in the last 1 month and extending the period to 3 months gives it a 47.33%, and is 6.71% 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 3.40% over the week and 3.52% over the month.
Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $2.85B and $1.01B in sales. Fwd P/E is 32.75. Profit margin for the company is -13.56%. Distance from 52-week low is 70.48% and -13.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.83%).
The EPS is expected to grow by 166.28% this year
221.0 institutions hold shares in Lightspeed Commerce Inc (LSPD), with institutional investors hold 67.74% of the company’s shares. The shares outstanding are 153.55M, and float is at 136.73M with Short Float at 3.50%. Institutions hold 61.02% 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.
