We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Lightspeed Commerce Inc. (LSPD) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
Lightspeed Commerce Inc. (LSPD - Free Report) closed at $9.48 in the latest trading session, marking a -1.76% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.14%. Elsewhere, the Dow saw an upswing of 0.61%, while the tech-heavy Nasdaq appreciated by 1.69%.
Prior to today's trading, shares of the company had lost 7.3% lagged the Computer and Technology sector's loss of 1.69% and the S&P 500's loss of 2.85%.
Analysts and investors alike will be keeping a close eye on the performance of Lightspeed Commerce Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.15, indicating a 6.25% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $320.13 million, indicating a 0.37% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $0.57 per share and a revenue of $1.27 billion, demonstrating changes of +29.55% and +3.28%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Lightspeed Commerce Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Right now, Lightspeed Commerce Inc. possesses a Zacks Rank of #4 (Sell).
Looking at its valuation, Lightspeed Commerce Inc. is holding a Forward P/E ratio of 17.48. Its industry sports an average Forward P/E of 20.36, so one might conclude that Lightspeed Commerce Inc. is trading at a discount comparatively.
One should further note that LSPD currently holds a PEG ratio of 0.57. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry had an average PEG ratio of 1.14 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 87, positioning it in the top 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Lightspeed Commerce Inc. (LSPD) Stock Slides as Market Rises: Facts to Know Before You Trade
Lightspeed Commerce Inc. (LSPD - Free Report) closed at $9.48 in the latest trading session, marking a -1.76% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.14%. Elsewhere, the Dow saw an upswing of 0.61%, while the tech-heavy Nasdaq appreciated by 1.69%.
Prior to today's trading, shares of the company had lost 7.3% lagged the Computer and Technology sector's loss of 1.69% and the S&P 500's loss of 2.85%.
Analysts and investors alike will be keeping a close eye on the performance of Lightspeed Commerce Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.15, indicating a 6.25% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $320.13 million, indicating a 0.37% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $0.57 per share and a revenue of $1.27 billion, demonstrating changes of +29.55% and +3.28%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Lightspeed Commerce Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Right now, Lightspeed Commerce Inc. possesses a Zacks Rank of #4 (Sell).
Looking at its valuation, Lightspeed Commerce Inc. is holding a Forward P/E ratio of 17.48. Its industry sports an average Forward P/E of 20.36, so one might conclude that Lightspeed Commerce Inc. is trading at a discount comparatively.
One should further note that LSPD currently holds a PEG ratio of 0.57. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry had an average PEG ratio of 1.14 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 87, positioning it in the top 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.