Lesaka Technologies (LSAK) Stock Price, News & Analysis

Company Overview

Lesaka Technologies, Inc. operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services. The company was formerly known as Net 1 UEPS Technologies, Inc. and changed its name to Lesaka Technologies, Inc. in May 2022. Lesaka Technologies, Inc. was incorporated in 1997 and is headquartered in Johannesburg, South Africa.

Key Stats

• Today's Range: $5.09 to $5.32
• 50-Day Range: $4.20 to $5.55
• 52-Week Range: $3.00 to $5.60
• Volume: 37,069 shs
• Average Volume: 54,985 shs
• Market Capitalization: $413.51 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Lesaka Technologies Stock Analysis - MarketRank™

Lesaka Technologies scored higher than 10% of companies evaluated by MarketBeat, and ranked 313th out of 329 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Lesaka Technologies.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Lesaka Technologies are expected to grow in the coming year, from ($0.08) to $0.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lesaka Technologies is -21.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lesaka Technologies is -21.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Lesaka Technologies has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.19% of the float of Lesaka Technologies has been sold short.

Short Interest Ratio / Days to Cover

Lesaka Technologies has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lesaka Technologies has recently increased by 17.95%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lesaka Technologies does not currently pay a dividend.

Dividend Growth

Lesaka Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.19% of the float of Lesaka Technologies has been sold short.

Short Interest Ratio / Days to Cover

Lesaka Technologies has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lesaka Technologies has recently increased by 17.95%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.60

News Sentiment

Lesaka Technologies has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Lesaka Technologies this week, compared to 1 article on an average week.

Search Interest

2 people have searched for LSAK on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lesaka Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.00% of the stock of Lesaka Technologies is held by insiders.

Percentage Held by Institutions

Only 24.19% of the stock of Lesaka Technologies is held by institutions.

LSAK Stock Analysis - Frequently Asked Questions

How have LSAK shares performed this year?

Lesaka Technologies' stock was trading at $3.24 at the beginning of the year. Since then, LSAK shares have increased by 63.6% and is now trading at $5.30.
View the best growth stocks for 2024 here.

How were Lesaka Technologies' earnings last quarter?

Lesaka Technologies, Inc. (NASDAQ:LSAK) released its quarterly earnings results on Wednesday, September, 11th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by $0.02. The firm earned $146.05 million during the quarter, compared to analysts' expectations of $149.30 million. Lesaka Technologies had a negative net margin of 2.85% and a negative trailing twelve-month return on equity of 9.15%.

How do I buy shares of Lesaka Technologies?

Shares of LSAK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Lesaka Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lesaka Technologies investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE), Disc Medicine (IRON), Jabil (JBL) and AppLovin (APP).

Company Calendar

• Last Earnings: 9/11/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/04/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Functions related to depository banking
• Sub-Industry: Banking
• Current Symbol: NASDAQ:LSAK
• CUSIP: N/A
• CIK: 1041514
• Web: www.lesakatech.com
• Phone: (711) 343-2000
• Fax: 27-11-442-5908
• Employees: 2,531
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-17,440,000.00
• Net Margins: -2.85%
• Pretax Margin: -2.32%
• Return on Equity: -9.15%
• Return on Assets: -2.91%

Debt

• Debt-to-Equity Ratio: 0.79
• Current Ratio: 1.73
• Quick Ratio: 1.53

Sales & Book Value

• Annual Sales: $564.22 million
• Price / Sales: 0.73
• Cash Flow: $0.11 per share
• Price / Cash Flow: 48.13
• Book Value: $2.36 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 78,020,000
• Free Float: 74,898,000
• Market Cap: $413.51 million
• Optionable: Optionable
• Beta: 0.93