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Lightspeed Commerce Inc. (LSPD) Outperforms Broader Market: What You Need to Know
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Lightspeed Commerce Inc. (LSPD - Free Report) closed at $9.87 in the latest trading session, marking a +2.07% move from the prior day. This move outpaced the S&P 500's daily gain of 0.51%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.48%.
Coming into today, shares of the company had lost 10.38% in the past month. In that same time, the Computer and Technology sector gained 6.54%, while the S&P 500 gained 0.74%.
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 expected to report EPS of $0.15, down 6.25% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $320.13 million, up 0.37% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.57 per share and revenue of $1.27 billion. These totals would mark changes of +29.55% and +3.28%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Lightspeed Commerce Inc. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Lightspeed Commerce Inc. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Lightspeed Commerce Inc. is holding a Forward P/E ratio of 17.04. This expresses a discount compared to the average Forward P/E of 19.18 of its industry.
It is also worth noting that LSPD currently has a PEG ratio of 0.56. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software industry had an average PEG ratio of 1.18 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Lightspeed Commerce Inc. (LSPD) Outperforms Broader Market: What You Need to Know
Lightspeed Commerce Inc. (LSPD - Free Report) closed at $9.87 in the latest trading session, marking a +2.07% move from the prior day. This move outpaced the S&P 500's daily gain of 0.51%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.48%.
Coming into today, shares of the company had lost 10.38% in the past month. In that same time, the Computer and Technology sector gained 6.54%, while the S&P 500 gained 0.74%.
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 expected to report EPS of $0.15, down 6.25% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $320.13 million, up 0.37% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.57 per share and revenue of $1.27 billion. These totals would mark changes of +29.55% and +3.28%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Lightspeed Commerce Inc. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Lightspeed Commerce Inc. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Lightspeed Commerce Inc. is holding a Forward P/E ratio of 17.04. This expresses a discount compared to the average Forward P/E of 19.18 of its industry.
It is also worth noting that LSPD currently has a PEG ratio of 0.56. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software industry had an average PEG ratio of 1.18 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.