Lightspeed(LSPD)

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Lightspeed Commerce Inc. (LSPD) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-13 23:06
In the latest trading session, Lightspeed Commerce Inc. (LSPD) closed at $12.62, marking a +0.08% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.54%. On the other hand, the Dow registered a gain of 0.72%, and the technology-centric Nasdaq increased by 0.65%. The the stock of company has fallen by 5.4% in the past month, lagging the Business Services sector's gain of 7.34% and the S&P 500's gain of 4.86%. Investors will be eagerly watching for the performance of Li ...
Lightspeed Launches Trailblazing Benchmarks & Trends in the US: Using AI to Transform Comparative Restaurant Data into Actionable Insights
Prnewswire· 2024-09-12 12:00
Core Insights - Lightspeed Commerce Inc. has launched a new feature suite called Benchmarks & Trends for American restaurateurs, aimed at enhancing their operational performance through machine learning insights [1][2]. Industry Overview - According to Lightspeed's 2024 State of Hospitality Report, 49% of restaurateurs are experiencing increased competition, and 74% are looking to technology to streamline operations [2]. - The restaurant industry is increasingly focused on data-driven decision-making to improve performance and competitiveness [3]. Company Developments - The Benchmarks & Trends tool provides restaurateurs with tailored insights, allowing them to compare their performance against local competitors in areas such as sales and pricing [5]. - The tool utilizes machine learning to offer smart forecasting and operational optimization, helping restaurants identify peak hours and optimize staffing [5]. - Lightspeed Restaurant POS is reported to be 40% faster than other leading systems in North America, enhancing operational efficiency [3][4]. Product Features - Benchmarks & Trends offers personalized benchmarks that adjust daily based on business size, providing relevant insights for both small and large establishments [5]. - The tool includes access to up to four weeks of historical data, enabling restaurateurs to anticipate trends and make informed decisions [5]. - The feature is designed to empower restaurateurs with essential market information to outperform competitors in a crowded dining landscape [3][6].
Can Lightspeed POS (LSPD) Run Higher on Rising Earnings Estimates?
ZACKS· 2024-09-02 17:20
Core Insights - Lightspeed Commerce Inc. (LSPD) shows a significantly improving earnings outlook, making it a solid choice for investors [1] - Analysts are raising earnings estimates for the company, which is expected to positively impact its stock price [2] Estimate Revisions - Current-quarter earnings estimate is $0.10 per share, reflecting a +150% change from the previous year [4] - The Zacks Consensus Estimate for the current quarter has increased by 108.65% over the last 30 days [4] - For the full year, the expected earnings are $0.37 per share, indicating a year-over-year change of +131.25% [5] - Over the past month, four estimates have moved higher, leading to a 101.52% increase in the consensus estimate for the current year [5] Zacks Rank - Lightspeed POS has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions [6] - Stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [6] Stock Performance - The stock has risen by 8.1% over the past four weeks, indicating strong investor interest [7] - Further upside potential remains, suggesting it may be a good time to add the stock to investment portfolios [7]
Wall Street Analysts See a 44.44% Upside in Lightspeed POS (LSPD): Can the Stock Really Move This High?
ZACKS· 2024-08-22 14:55
Shares of Lightspeed Commerce Inc. (LSPD) have gained 1.4% over the past four weeks to close the last trading session at $13.30, 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 $19.21 indicates a potential upside of 44.4%. The mean estimate comprises 20 short-term price targets with a standard deviation of $4.52. While the lowest estimate of $14 indicates a 5.3% increase from th ...
Lightspeed Commerce Continues Cost-Cutting And Large Merchant Focus (Upgrade)
Seeking Alpha· 2024-08-12 17:16
MoMo Productions Investment Outlook Lightspeed Commerce (NYSE:LSPD) recently reported its FQ1 2025 financial results, beating revenue and consensus earnings estimates. I previously wrote about LSPD in February 2024 with a Sell outlook due to declining international growth prospects and continued high operating losses. Since then, Lightspeed's founder has returned to running the firm and results have improved in terms of reduced operating losses. I'm Neutral on LSPD on the promise of an increased focus on mo ...
Lightspeed joins US Foods® CHECK® Business Tools Program Line-up to Drive Industry Innovation in Restaurant Operations
Prnewswire· 2024-08-09 11:45
Core Insights - Lightspeed Commerce Inc. has announced a collaboration with US Foods Holding Corp. to integrate Lightspeed Restaurant technology into US Foods' CHECK Business Tools program, enhancing the capabilities available to foodservice operators across the United States [1][2][3] Group 1: Partnership Overview - The partnership aims to empower restaurant operators by providing advanced POS solutions, which will help streamline operations, boost profitability, and enhance customer experiences [3][4] - US Foods customers will benefit from exclusive offers on Lightspeed POS hardware, advanced insights for sales and customer service, and multi-location management capabilities [3][4] Group 2: Company Background - Lightspeed, founded in 2005 and dual-listed on NYSE and TSX, serves retail, hospitality, and golf businesses in over 100 countries, providing a comprehensive cloud commerce solution [6][7] - US Foods is a leading foodservice distributor in the U.S., partnering with approximately 250,000 restaurants and foodservice operators, and offers a broad range of food products and business solutions [7]
LIGHTSPEED ANNOUNCES VOTING RESULTS FROM ITS ANNUAL SHAREHOLDERS' MEETING
Prnewswire· 2024-08-02 11:45
MONTREAL, Aug. 2, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), today announced the voting results for the items of business put forth by the Company at its annual shareholders meeting held on August 1st, 2024 (the "Meeting"). Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Shareholders of the Company voted in favo ...
Lightspeed Targets Cloud-Based Rivals as Revenues Climb 27%
PYMNTS.com· 2024-08-01 17:23
Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. The point-of-sale (POS) system provider released earnings Thursday (Aug. 1) showing revenues up 27% during the quarter, which also saw the company release new inventory management features for its ICP (ideal customer profile) customers. "Our efforts in retail are focused on widening the mode between ourselves and other cloud based competitors and displacing legacy players currently serving our ICP customers," sa ...
Lightspeed Commerce beats earnings estimates with strong revenue and GPV growth
Proactiveinvestors NA· 2024-08-01 14:09
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...
Lightspeed Commerce Inc. (LSPD) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-01 13:15
Core Insights - Lightspeed Commerce Inc. (LSPD) reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, and compared to a loss of $0.01 per share a year ago, indicating a significant earnings surprise of 66.67% [1] - The company achieved revenues of $266.09 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3% and showing an increase from $209.09 million year-over-year [2] - Lightspeed POS shares have underperformed, losing approximately 36.2% since the beginning of the year, while the S&P 500 has gained 15.8% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $272.56 million, and for the current fiscal year, it is $0.32 on revenues of $1.1 billion [7] - The estimate revisions trend for Lightspeed POS is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the shares are expected to perform in line with the market in the near future [6] Industry Context - The Technology Services industry, to which Lightspeed POS belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]