Lesaka Technologies (NASDAQ:LSAK) Updates FY 2026 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.336-0.367 for the period, compared to the consensus earnings per share estimate of 0.220. The company issued revenue guidance of $379.2 million-$397.6 million, compared to the consensus revenue estimate of $620.8 million.

Lesaka Technologies Price Performance

LSAK stock traded down $0.11 during trading on Wednesday, reaching $4.90. The company’s stock had a trading volume of 111,334 shares, compared to its average volume of 88,621. The company has a quick ratio of 1.43, a current ratio of 1.57 and a debt-to-equity ratio of 1.09. Lesaka Technologies has a 1 year low of $3.39 and a 1 year high of $5.54. The company’s fifty day moving average is $4.87 and its 200-day moving average is $4.52. The company has a market capitalization of $411.21 million, a P/E ratio of -7.78 and a beta of 0.32.

Lesaka Technologies (NASDAQ:LSAK) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. Lesaka Technologies had a negative return on equity of 28.23% and a negative net margin of 7.87%.The company had revenue of $96.37 million for the quarter, compared to analysts’ expectations of $99.30 million. Lesaka Technologies has set its FY 2026 guidance at 0.336-0.367 EPS. On average, research analysts expect that Lesaka Technologies will post 0.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LSAK. Wall Street Zen raised Lesaka Technologies to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lesaka Technologies in a research report on Tuesday, April 21st. Finally, Zacks Research raised shares of Lesaka Technologies from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Insider Transactions at Lesaka Technologies

In other Lesaka Technologies news, major shareholder Finance Corp International sold 106,948 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $4.90, for a total transaction of $524,045.20. Following the completion of the sale, the insider owned 5,330,784 shares in the company, valued at $26,120,841.60. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 798,768 shares of company stock worth $3,951,513 over the last 90 days. Company insiders own 3.40% of the company’s stock.

Hedge Funds Weigh In On Lesaka Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new stake in shares of Lesaka Technologies during the third quarter valued at about $74,000. Citadel Advisors LLC raised its stake in Lesaka Technologies by 26.4% in the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock valued at $79,000 after buying an additional 3,959 shares during the last quarter. Finally, Barclays PLC boosted its holdings in Lesaka Technologies by 13,359.8% in the fourth quarter. Barclays PLC now owns 141,866 shares of the company’s stock worth $677,000 after acquiring an additional 140,812 shares in the last quarter. Hedge funds and other institutional investors own 24.19% of the company’s stock.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.