Lightspeed(LSPD)
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Lightspeed Commerce Inc. (LSPD) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-26 23:20
The investment community will be closely monitoring the performance of Lightspeed Commerce Inc. in its forthcoming earnings report. The company is forecasted to report an EPS of $0.07, showcasing an 800% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $258.34 million, up 23.55% from the year-ago period. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance ...
Americans, Planning on Dining out More, Turn to Savvy Money-Saving Strategies: Doggy Bags, Happy Hours and Value Meals Surge in Popularity
Prnewswire· 2024-06-25 10:00
Core Insights - The article highlights that Americans are increasingly seeking value when dining out due to rising costs, with 81% dining out at least once a month and 39% doing so weekly [4][16] - Consumers are employing various money-saving strategies, such as using doggy bags (45%), opting for value meals (39%), and taking advantage of happy hour deals (36%) [4][16] - The survey indicates a significant resistance to QR code menus, with 89% preferring physical menus, particularly among older demographics [4][9][18] Consumer Behavior - A majority of diners (58%) feel pressured to tip, with 44% stating that inflation has impacted their tipping ability [4][17] - The trend of 'shrinkflation' is noted, with 69% of diners reporting higher meal prices and 39% observing smaller portion sizes [5][17] - Women (53%) and older Americans (53% aged 55+) are more likely to request doggy bags compared to men (38%) [6] Tipping Practices - The survey reveals that 73% of diners dislike auto-tipping prompts on digital screens, indicating a preference for more traditional tipping methods [7][17] - Despite inflation concerns, many diners remain generous, with 38% preferring to tip between 16-20% [17] Technology and Dining Experience - The article discusses the mixed reception of QR code menus, with 20% appreciating their hygiene benefits but a significant majority preferring physical menus [18][19] - The CEO of Lightspeed emphasizes the need for restaurants to integrate customer preferences with technology to enhance the dining experience [19] Survey Methodology - Lightspeed conducted a survey in May 2024, gathering over 7,500 responses globally, including 1,500 from the U.S. [5][11]
Lightspeed Commerce Inc. (LSPD) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-06-20 23:21
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lightspeed Commerce Inc. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. From a valuation perspective, Lightspeed Commerce Inc. is currently exchanging hands at a Forward P/E ratio of 47.17. For comparison, its industry has an average Forward P/E of 21.17, which mea ...
Why the Market Dipped But Lightspeed Commerce Inc. (LSPD) Gained Today
ZACKS· 2024-06-07 23:01
The most recent trading session ended with Lightspeed Commerce Inc. (LSPD) standing at $14.73, reflecting a +0.07% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.11%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, lost 0.23%. The company's stock has climbed by 9.52% in the past month, exceeding the Business Services sector's gain of 0.39% and the S&P 500's gain of 3.51%. The investment community will be closely monitorin ...
Best Momentum Stocks to Buy for June 7th
ZACKS· 2024-06-07 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 7th: Lightspeed Commerce Inc. (LSPD) : This seller of cloud-based software subscriptions and payments solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 45% over the last 60 days. Texas Roadhouse's shares gained 14.7% over the last three months compared with the S&P 500's advance of 5.2%. The company possesses a Momentum Score of A. See ...
Lightspeed POS (LSPD) Upgraded to Strong Buy: Here's What You Should Know
zacks.com· 2024-05-28 17:01
Investors might want to bet on Lightspeed Commerce Inc. (LSPD) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following ye ...
Lightspeed Announces Partnership With Uber Direct and Uber Eats Marketplace
Prnewswire· 2024-05-23 10:00
Core Insights - Lightspeed Commerce Inc. has announced a strategic partnership with Uber to integrate Uber Direct and Uber Eats into its platform, enhancing delivery options for hospitality merchants [1][2][3] - The partnership aims to address challenges in the restaurant industry, such as staffing issues and narrow revenue margins, by providing access to a robust delivery network and cost-saving solutions [3] Company Overview - Lightspeed is a one-stop commerce platform that empowers merchants to deliver exceptional omnichannel experiences, serving various sectors including retail and hospitality [6][8] - The company operates in over 100 countries and is dual-listed on the NYSE and TSX [8] Partnership Details - The integration allows Lightspeed merchants to list their menu on Uber Eats and take orders from their own branded websites, utilizing Uber Direct for delivery [7] - This partnership is expected to enhance customer satisfaction by meeting the growing demand for on-demand delivery, with 75% of consumers expecting express delivery options [3] Market Impact - The collaboration is positioned to help restaurants tap into new markets and reduce overhead costs associated with direct-to-consumer orders [2][3] - The integration is currently available to Lightspeed Restaurant customers in North America, with plans for expansion into additional markets [3]
Wall Street Analysts See a 28.34% Upside in Lightspeed POS (LSPD): Can the Stock Really Move This High?
zacks.com· 2024-05-22 14:56
Shares of Lightspeed Commerce Inc. (LSPD) have gained 8.1% over the past four weeks to close the last trading session at $14.61, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $18.75 indicates a potential upside of 28.3%. The mean estimate comprises 21 short-term price targets with a standard deviation of $3.04. While the lowest estimate of $13.51 indicates a 7.5% decline from ...
Lightspeed Commerce Inc. (LSPD) Is a Trending Stock: Facts to Know Before Betting on It
zacks.com· 2024-05-22 14:00
Core Viewpoint - Lightspeed Commerce Inc. (LSPD) has shown strong stock performance recently, with an 8.1% return over the past month, outperforming the S&P 500 composite's 7.3% and the Zacks Technology Services industry's 13.4% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for Lightspeed POS is projected at $0.05 per share, reflecting a significant increase of 600% year-over-year, with a recent change of 18.7% in the Zacks Consensus Estimate over the last 30 days [4] - For the current fiscal year, the consensus earnings estimate is $0.22, indicating a 37.5% increase from the previous year, with a 16.5% change in the last 30 days [4] - The next fiscal year's consensus earnings estimate is $0.34, showing a 52.7% increase year-over-year, with a 36% change over the past month [5] - The Zacks Rank for Lightspeed POS is 2 (Buy), indicating a positive outlook based on earnings estimate revisions [6] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $258.44 million, representing a year-over-year increase of 23.6% [9] - For the current fiscal year, the revenue estimate is $1.1 billion, indicating a 20.6% increase, while the next fiscal year's estimate is $1.34 billion, reflecting a 21.9% increase [9] Last Reported Results and Surprise History - In the last reported quarter, Lightspeed POS achieved revenues of $230.22 million, a 25% increase year-over-year, and an EPS of $0.06 compared to $0 a year ago [10] - The company exceeded the Zacks Consensus Estimate for revenues by 2.74% and had an EPS surprise of 20% [10] - Lightspeed POS has consistently beaten consensus EPS and revenue estimates over the last four quarters [11] Valuation - Lightspeed POS has a Zacks Value Style Score of D, indicating it is trading at a premium compared to its peers [15]
Will Lightspeed POS (LSPD) Gain on Rising Earnings Estimates?
zacks.com· 2024-05-20 17:21
Lightspeed Commerce Inc. (LSPD) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings e ...