Lightspeed Commerce (NYSE:LSPD) Releases Earnings Results, Beats Estimates By $0.01 EPS

Lightspeed Commerce (NYSE:LSPD) announced its earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01, reports. The business had revenue of $277.18 million for the quarter, compared to analyst estimates of $273.90 million. Lightspeed Commerce had a negative return on equity of 0.99% and a negative net margin of 15.55%. Lightspeed Commerce updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Lightspeed Commerce Stock Up 0.7 %

LSPD stock opened at $17.07 on Friday. Lightspeed Commerce has a fifty-two week low of $11.01 and a fifty-two week high of $21.71. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.19 and a quick ratio of 6.06. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of -17.42, a PEG ratio of 9.93 and a beta of 2.35. The business’s fifty day moving average price is $14.82 and its two-hundred day moving average price is $14.09.

Institutional Trading of Lightspeed Commerce

Several hedge funds and other institutional investors have recently bought and sold shares of LSPD. Westfield Capital Management Co. LP acquired a new position in Lightspeed Commerce in the 1st quarter valued at $34,984,000. Intact Investment Management Inc. raised its stake in Lightspeed Commerce by 10,117.5% in the third quarter. Intact Investment Management Inc. now owns 877,680 shares of the company’s stock valued at $14,473,000 after purchasing an additional 869,090 shares in the last quarter. NewGen Asset Management Ltd bought a new stake in Lightspeed Commerce during the second quarter worth about $9,241,000. Marshall Wace LLP grew its stake in Lightspeed Commerce by 306.5% during the second quarter. Marshall Wace LLP now owns 807,219 shares of the company’s stock worth $11,051,000 after buying an additional 608,661 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its stake in Lightspeed Commerce by 345,464.1% during the second quarter. 1832 Asset Management L.P. now owns 404,310 shares of the company’s stock worth $5,535,000 after buying an additional 404,193 shares in the last quarter. Institutional investors and hedge funds own 68.68% of the company’s stock.

Wall Street Analysts Forecast Growth

LSPD has been the topic of a number of recent research reports. BMO Capital Markets lifted their price objective on shares of Lightspeed Commerce from $18.00 to $20.00 and gave the company an “outperform” rating in a report on Thursday, September 26th. Benchmark lifted their price target on shares of Lightspeed Commerce from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Friday. Piper Sandler reduced their price objective on shares of Lightspeed Commerce from $17.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. TD Securities raised their price objective on Lightspeed Commerce from $15.00 to $19.00 and gave the company a “hold” rating in a report on Friday. Finally, Wells Fargo & Company dropped their target price on Lightspeed Commerce from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $19.75.

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.