Lightspeed Commerce Inc. (TSE:LSPD) Given Consensus Rating of "Moderate Buy" by Analysts

Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report) has earned an average rating of "Moderate Buy" from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$20.31.

Several equities research analysts have commented on the stock. Scotiabank dropped their price objective on shares of Lightspeed Commerce from C$21.00 to C$19.00 and set an "outperform" rating on the stock in a report on Friday. Stifel Nicolaus dropped their price objective on shares of Lightspeed Commerce from C$18.00 to C$15.00 and set a "hold" rating on the stock in a report on Friday. Raymond James dropped their price objective on shares of Lightspeed Commerce from C$36.00 to C$29.00 and set an "outperform" rating on the stock in a report on Friday. TD Securities dropped their price objective on shares of Lightspeed Commerce from C$19.00 to C$13.00 and set a "hold" rating on the stock in a report on Friday. Finally, National Bankshares lowered their price target on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set a "sector perform" rating on the stock in a report on Friday.

Lightspeed Commerce Stock Down 1.4 %

Shares of TSE LSPD traded down C$0.27 during trading on Friday, hitting C$18.77. The stock had a trading volume of 916,615 shares, compared to its average volume of 634,361. Lightspeed Commerce has a 12 month low of C$16.04 and a 12 month high of C$26.60. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.19 and a quick ratio of 6.05. The company has a market capitalization of C$2.84 billion, a PE ratio of -14.01 and a beta of 2.69. The firm has a fifty day moving average of C$21.87 and a two-hundred day moving average of C$20.95.

About Lightspeed Commerce

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.