Lightspeed POS Inc. (NYSE: LSPD) Receives Average ‘Buy’ Recommendation from Analysts

Lightspeed POS Inc. (NYSE: LSPD) has received an average “Buy” recommendation from the twelve brokerages that currently cover the company, reports. An investment analyst rated the stock with a sustaining rating and eleven gave the company a buy rating. The year-over-year average price target among analysts who reported on the stock in the past year is $ 93.36.

Several analysts recently published reports on the company. KeyCorp raised its price target on Lightspeed POS from $ 50.00 to $ 85.00 and rated the stock “overweight” in a report on Friday, January 15. TD Securities raised its price target on Lightspeed POS from $ 105.00 to $ 110.00 and gave the stock a “buy” rating in a report on Friday, February 5. Barclays raised its price target on Lightspeed POS from $ 83.00 to $ 92.00 and rated the stock “overweight” in a report on Friday, February 5. CIBC raised its price target on Lightspeed PDV from $ 100.00 to $ 130.00 and rated the stock “outperform” in a Friday February 5 report. Finally, Cormark upgraded Lightspeed POS from a “market performance” rating to a “buy” rating in a research report on Friday, March 12.

NYSE LSPD traded down $ 0.05 during Friday trading hours, to hit $ 69.75. The company’s shares had a trading volume of 65,041 shares, compared to an average volume of 758,172 shares. The company’s 50-day mobile average price is $ 66.57, and its 200-day mobile average price is $ 60.16. Lightspeed POS has a one year minimum of $ 15.38 and a one year maximum of $ 82.53. The company has a market cap of $ 6.51 billion and a price-to-earnings ratio of -86.11.

Lightspeed POS (NYSE: LSPD) last released its quarterly results on Thursday, February 4. The company reported EPS of ($ 0.06) for the quarter, beating the Zacks consensus estimate of ($ 0.20) by $ 0.14. The company posted revenue of $ 57.61 million in the quarter, compared to analysts’ expectations of $ 53.12 million. Sell-side analysts predict Lightspeed POS will post an EPS of -0.83 for the current fiscal year.

Lightspeed POS Company Profile

Lightspeed POS Inc provides a Software as a Service (SaaS) platform enabling commerce for small and medium businesses, retailers, restaurants and golf course operators. Its SaaS platform allows customers to interact with consumers, manage transactions, accept payments, and more. management of discounts, price rules and gift cards; back-end operations management including product and menu, inventory, reservations and membership, customers, employees, accounting, floor and table, workflow, reporting and analytics and real-time dashboard and integrated payment gateway solutions.

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Analyst Recommendations for Lightspeed POS (NYSE: LSPD)

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