Lesaka Technologies (NASDAQ:LSAK) Releases Q1 2027 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) issued an update on its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.024-0.036 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $95.8 million-$100.7 million. Lesaka Technologies also updated its FY 2027 guidance to 0.455-0.515 EPS.

Lesaka Technologies Price Performance

LSAK stock opened at $4.59 on Thursday. The stock has a 50-day moving average price of $4.69 and a two-hundred day moving average price of $4.79. The stock has a market cap of $393.82 million, a PE ratio of -13.11 and a beta of 0.33. The company has a current ratio of 1.54, a quick ratio of 1.44 and a debt-to-equity ratio of 1.00. Lesaka Technologies has a 1 year low of $3.62 and a 1 year high of $5.54.

Lesaka Technologies (NASDAQ:LSAK) last issued its quarterly earnings results on Saturday, August 15th. The company reported $0.15 EPS for the quarter. The company had revenue of $98.50 million for the quarter. Lesaka Technologies had a negative return on equity of 15.95% and a negative net margin of 4.11%. Equities analysts forecast that Lesaka Technologies will post 0.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LSAK has been the topic of several research reports. Wall Street Zen cut Lesaka Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Weiss Ratings cut shares of Lesaka Technologies from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Lesaka Technologies presently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Susquehanna International Group LLP acquired a new position in shares of Lesaka Technologies during the 3rd quarter worth approximately $74,000. Citadel Advisors LLC boosted its holdings in shares of Lesaka Technologies by 26.4% in the 3rd 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 shares of Lesaka Technologies by 13,359.8% in the 4th quarter. Barclays PLC now owns 141,866 shares of the company’s stock valued at $677,000 after buying an additional 140,812 shares during the last quarter. 24.19% of the stock is owned by institutional investors and hedge funds.

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.