Lightspeed Commerce Inc. (LSPD) Stock Sinks As Market Gains: What You Should Know

24.12.24 00:15 Uhr

The latest trading session saw Lightspeed Commerce Inc. (LSPD) ending at $15.89, denoting a -1.12% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.73%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq gained 0.98%.Coming into today, shares of the company had lost 9.41% in the past month. In that same time, the Business Services sector gained 0.33%, while the S&P 500 gained 0.34%.Analysts and investors alike will be keeping a close eye on the performance of Lightspeed Commerce Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.06, signifying a 25% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $282.69 million, showing a 17.94% escalation compared to the year-ago quarter.For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.40 per share and a revenue of $1.1 billion, signifying shifts of +150% and +20.93%, respectively, from the last year.Investors should also note any recent changes to analyst estimates for Lightspeed Commerce Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Lightspeed Commerce Inc. presently features a Zacks Rank of #3 (Hold).From a valuation perspective, Lightspeed Commerce Inc. is currently exchanging hands at a Forward P/E ratio of 40.17. This expresses a premium compared to the average Forward P/E of 26.46 of its industry.It's also important to note that LSPD currently trades at a PEG ratio of 0.73. 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. Technology Services stocks are, on average, holding a PEG ratio of 1.5 based on yesterday's closing prices.The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 64, this industry ranks in the top 26% of all industries, numbering over 250.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.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lightspeed Commerce Inc. (LSPD): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

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