At the time of writing, Lightspeed Commerce Inc [LSPD] stock is trading at $13.17, down -1.64%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LSPD shares have gain 1.00% over the last week, with a monthly amount drifted -4.08%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lightspeed Commerce Inc [NYSE: LSPD] stock has seen the most recent analyst activity on May 15, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $14. Previously, TD Securities downgraded its rating to Hold on February 09, 2024. On December 28, 2023, BTIG Research reiterated its Buy rating and revised its price target to $24 on the stock. JP Morgan upgraded its rating to a Neutral but stick to its price target of $19 on December 18, 2023. Redburn Atlantic initiated its recommendation with a Neutral and recommended $17 as its price target on December 06, 2023. Wells Fargo started tracking with a Equal Weight rating for this stock on October 31, 2023, and assigned it a price target of $14. In a note dated October 20, 2023, UBS initiated an Neutral rating and provided a target price of $16 on this stock.
For the past year, the stock price of Lightspeed Commerce Inc fluctuated between $12.23 and $21.71. Currently, Wall Street analysts expect the stock to reach $30.74 within the next 12 months. Lightspeed Commerce Inc [NYSE: LSPD] shares were valued at $13.17 at the most recent close of the market. An investor can expect a potential return of 133.41% based on the average LSPD price forecast.
Analyzing the LSPD fundamentals
According to Lightspeed Commerce Inc [NYSE:LSPD], the company’s sales were 909.27M for trailing twelve months, which represents an 24.96% jump. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.26%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.25%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.08 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.70 points at the first support level, and at 12.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.97, and for the 2nd resistance point, it is at 14.76.
Ratios To Look Out For
It is important to note that Lightspeed Commerce Inc [NYSE:LSPD] has a current ratio of 6.24. Further, the Quick Ratio stands at 6.13, while the Cash Ratio is 5.0. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 0.84.
