Brokerages Set Lightspeed Commerce Inc. (TSE:LSPD) PT at C$16.45

Shares of Lightspeed Commerce Inc. (TSE:LSPD) have been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$16.45.

Several equities research analysts have issued reports on the stock. TD Securities decreased their price objective on shares of Lightspeed Commerce from C$15.00 to C$11.00 and set a “hold” rating for the company in a research note on Friday, February 6th. Royal Bank Of Canada decreased their price objective on shares of Lightspeed Commerce from C$15.00 to C$13.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Barclays decreased their price objective on shares of Lightspeed Commerce from C$14.00 to C$12.00 and set a “hold” rating for the company in a research note on Friday, February 6th. BTIG Research decreased their price objective on shares of Lightspeed Commerce from C$16.00 to C$15.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, Stifel Nicolaus decreased their price objective on shares of Lightspeed Commerce from C$15.00 to C$12.00 and set a “hold” rating for the company in a research note on Friday, February 6th.

Lightspeed Commerce Stock Performance

TSE:LSPD opened at C$13.51 on Friday. The company has a quick ratio of 6.05, a current ratio of 4.40 and a debt-to-equity ratio of 2.33. The company has a market cap of C$1.85 billion, a P/E ratio of -2.95 and a beta of 1.70. Lightspeed Commerce has a fifty-two week low of C$11.45 and a fifty-two week high of C$19.89. The firm’s 50 day moving average is C$12.57 and its two-hundred day moving average is C$14.62.

Lightspeed Commerce (TSE:LSPD) last posted its quarterly earnings results on Thursday, February 5th. The company reported C$0.21 earnings per share for the quarter. The company had revenue of C$428.71 million for the quarter. Lightspeed Commerce had a negative net margin of 57.96% and a negative return on equity of 44.56%. Analysts expect that Lightspeed Commerce will post 0.5970516 EPS for the current year.

Lightspeed Commerce Company Profile

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations. With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network.