Lightspeed Commerce Inc [LSPD] stock is trading at $12.62, down -0.39%. An important factor to consider is whether the stock is rising or falling in short-term value. The LSPD shares have gain 0.48% over the last week, with a monthly amount glided 4.47%, and 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.
Lightspeed Commerce Inc [LSPD] stock has fluctuated between $11.01 and $21.71 over the past year. 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 $12.62 at the most recent close of the market. An investor can expect a potential return of 143.58% based on the average LSPD price forecast.
Analyzing the LSPD fundamentals
Lightspeed Commerce Inc [NYSE:LSPD] reported sales of 966.28M for the trailing twelve months, which represents a growth of 27.26%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.06 and Total Capital is -0.07. 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 12.49 points at the first support level, and at 12.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.82, and for the 2nd resistance point, it is at 13.03.
Ratios To Look Out For
For context, Lightspeed Commerce Inc’s Current Ratio is 6.09. On the other hand, the Quick Ratio is 5.96, and the Cash Ratio is 4.79. Considering the valuation of this stock, the price to sales ratio is 1.98, the price to book ratio is 0.81.
