CIBC maintains the Outperform rating on Lightspeed Commerce Inc.(LSPD:TSX) and cuts the target price to $40 from $67.

Lightspeed Commerce Inc Stock Analysis:

STA Research maintains Lightspeed Commerce Inc with a Buy rating and lowers the target price to $30 from $39 on the company’s stock.

CIBC maintains the Outperform rating on Lightspeed Commerce Inc and cuts the target price to $40 from $67.

Based on the Lightspeed Commerce Inc stock forecasts from 12 analysts, the average analyst target price for Lightspeed Commerce Inc is CAD 45.00 over the next 12 months. Lightspeed Commerce Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Lightspeed Commerce Inc is Neutral, which is based on 4 positive signals and 4 negative signals. At the last closing, Lightspeed Commerce Inc’s stock price was CAD 22.34Lightspeed Commerce Inc’s stock price has changed by -6.02% over the past week, -11.87% over the past month and -85.43% over the last year.

About Lightspeed Commerce Inc (LSPD:CA:TSX)

Lightspeed Commerce Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Australia, the Netherlands, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company’s cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers’ efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, point of sale (POS), product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, order-ahead and curbside pickup functionality, loyalty, and customer management solutions. The company also offers tailored financial solutions, such as Lightspeed Analytics; Lightspeed Payments; and Lightspeed Capital, a merchant cash advance program. In addition, it sells POS peripheral hardware, including tablets, customer facing displays, receipt printers, networking hardware, cash drawers, payment terminals, servers, stands, bar-code scanners, and an assortment of accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montréal, Canada.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector.

Analysts rate Lightspeed Commerce Inc. (LSPD:TSX) with an Strong Buy rating and a CAD 45 target

JP Morgan and Company targets up the Lightspeed stock price to CAD 34.

Based on the Lightspeed stock forecast from 12 analysts, the average analyst Lightspeed stock price target is CAD 45.00 over the next 12 months. Lightspeed Commerce Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Lightspeed Commerce stock forecast is Neutral, which is based on 4 positive signals and 4 negative signals. At the last closing, Lightspeed stock price was CAD 24.30Lightspeed stock price has changed by -1.87% over the past week, -2.48% over the past month and -84.70% over the last year.

 

About Lightspeed Commerce Inc. (LSPD:TSX):

Lightspeed Commerce Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Australia, the Netherlands, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company’s cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers’ efficiency and insight, and the facilitation of payments. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montréal, Canada.

 

Most Recent Analyst Ratings for LSPD’s stock:

Target Up JP Morgan & Company CAD 34 2022-08-16
Target Down Cormark Securities CAD 46 2022-08-05
Target Down CIBC Capital Markets Outperform CAD 67 2022-08-05
Target Down ATB Capital CAD 75 2022-08-05
Downgrade TD Research Buy CAD 45 2022-08-05
Reiterates STA Research Buy CAD 39 2022-08-04
Target Down STA Research Buy CAD 39 2022-07-07
Target Down KeyBanc Buy CAD 30 2022-07-07
Target Up STA Research Buy CAD 42 2022-06-03
Target KeyBanc Buy CAD 35 2022-05-20
Target Down JP Morgan & Company Underweight CAD 24 2022-05-20
Target Down Truist Securities Buy CAD 45 2022-05-20
Target Down Cormark Securities Buy CAD 60 2022-05-20
Target Down TD Research Action List Buy CAD 60 2022-05-20
Target Down RBC Royalbank Outperform CAD 40 2022-05-16
Adjusts STA Research Buy CAD 50 » CAD 37 2022-05-16
Target Down Raymond James Capital Outperform CAD 40 2022-05-13
Target Eight Capital Buy CAD 47 2022-05-10
Initiated by Moffett Nathanson Buy CAD 50 2022-04-05
Maintains STA Research Buy CAD 50 2022-03-16
Maintains Scotiabank Capital Outperform CAD 95 2022-02-16
Target STA Research Buy CAD 50 2022-02-07
Target Down JP Morgan & Company Underweight CAD 100 » CAD 41 2022-02-07
Maintains Scotiabank Capital Outperform CAD 94 2022-02-04
Target RBC Royalbank Buy CAD 50 2022-02-04

 

What we like:

High market capitalization:

Lightspeed stock is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to book value:

LSPD stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt:

The company is less leveraged than its peers, and is among the top quartile, which makes it more flexible. However, do check the stock forecast and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior Revenue Growth:

Lightspeed stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

 

What we don’t like:

High volatility:

The total returns for LSPD stock are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow:

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow:

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth:

Lightspeed stock has shown below median earnings growth in the previous 5 years compared to its sector.