Lightspeed Commerce Inc (NYSE: LSPD) is -40.58% lower on its value in year-to-date trading and has touched a low of $8.53 and a high of $18.96 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 $8.91 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $9.05, the stock is -11.40% and -25.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 1.57% at the moment leaves the stock -36.13% off its SMA200. LSPD registered -36.18% loss for a year compared to 6-month loss of -45.12%. The firm has a 50-day simple moving average (SMA 50) of $12.1932 and a 200-day simple moving average (SMA200) of $14.17035.
The stock witnessed a -21.65% gain in the last 1 month and extending the period to 3 months gives it a -40.69%, and is -8.95% 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 4.11% over the week and 3.89% over the month.
Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $1.38B and $1.05B in sales. Fwd P/E is 16.37. Profit margin for the company is -11.75%. Distance from 52-week low is 6.03% and -52.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.31%).
with sales reaching $252.52M over the same period.The EPS is expected to grow by 182.48% this year, but quarterly earnings will post 18.28% year-over-year. Quarterly sales are estimated to grow 9.69% in year-over-year returns.
213.0 institutions hold shares in Lightspeed Commerce Inc (LSPD), with institutional investors hold 72.93% of the company’s shares. The shares outstanding are 152.97M, and float is at 137.79M with Short Float at 4.69%. Institutions hold 65.49% 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 15.6944 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 11.4121 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 3.1822 of the shares totaling 4.92 million with a market value of $67.32 million.
Lightspeed Commerce Inc (LSPD) Insider Activity
Still, SEC filings show that on Sep 09 ’24, Srinivasan Kady (Officer) Proposed Sale 3,378 shares at an average price of $12.23 for $41326.0. The insider now directly holds shares of Lightspeed Commerce Inc (LSPD).
