Lightspeed Commerce Inc (NYSE: LSPD) is -39.86% lower on its value in year-to-date trading and has touched a low of $7.34 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 $8.99 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $9.16, the stock is 0.14% and -16.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 1.89% at the moment leaves the stock -34.16% off its SMA200. LSPD registered -29.10% loss for a year compared to 6-month loss of -42.17%. The firm has a 50-day simple moving average (SMA 50) of $11.0258 and a 200-day simple moving average (SMA200) of $13.9122.
The stock witnessed a -12.76% gain in the last 1 month and extending the period to 3 months gives it a -38.27%, and is -0.43% 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 5.44% over the week and 6.13% over the month.
Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $1.40B and $1.05B in sales. Fwd P/E is 16.55. Profit margin for the company is -11.75%. Distance from 52-week low is 24.80% and -51.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.31%).
The EPS is expected to grow by 182.48% this year
212.0 institutions hold shares in Lightspeed Commerce Inc (LSPD), with institutional investors hold 72.69% of the company’s shares. The shares outstanding are 152.97M, and float is at 137.79M with Short Float at 4.82%. Institutions hold 65.22% 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).
