Positives for Lightspeed Commerce Inc (LSPD) as stock gains in recent trading

Lightspeed Commerce Inc (NYSE: LSPD) is -18.44% 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 $18.80 in the last trading session, with the day’s loss setting it -1.68%.

Currently trading at $17.12, the stock is -1.83% and 4.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing -8.94% at the moment leaves the stock 19.94% off its SMA200. LSPD registered 6.53% gain for a year compared to 6-month gain of 17.02%. The firm has a 50-day simple moving average (SMA 50) of $16.2656 and a 200-day simple moving average (SMA200) of $14.26115.

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The stock witnessed a 13.23% loss in the last 1 month and extending the period to 3 months gives it a 32.61%, and is -3.49% down 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 4.88% over the week and 3.74% over the month.

Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $2.60B and $1.01B in sales. Fwd P/E is 29.69. Profit margin for the company is -13.56%. Distance from 52-week low is 55.50% and -21.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.83%).

with sales reaching $283.06M over the same period.The EPS is expected to grow by 164.74% this year, but quarterly earnings will post 20.87% year-over-year. Quarterly sales are estimated to grow 18.09% in year-over-year returns.

Lightspeed Commerce Inc (LSPD) Top Institutional Holders

221.0 institutions hold shares in Lightspeed Commerce Inc (LSPD), with institutional investors hold 67.69% of the company’s shares. The shares outstanding are 151.91M, and float is at 136.73M with Short Float at 3.50%. Institutions hold 60.98% 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.