Lightspeed Commerce Inc. (LSPD) closed the most recent trading day at $9.44, moving -4.93% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.41%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.89%.
Shares of the company witnessed a gain of 12.2% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 14.93%, and outperforming the S&P 500's gain of 9.71%.
Market participants will be closely following the financial results of Lightspeed Commerce Inc. in its upcoming release. The company plans to announce its earnings on May 21, 2026. The company's earnings per share (EPS) are projected to be $0.09, reflecting a 10% decrease from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $281.62 million, up 11.13% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.46 per share and a revenue of $1.22 billion, indicating changes of +2.22% and +13.14%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates 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 business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Lightspeed Commerce Inc. is currently a Zacks Rank #3 (Hold).
With respect to valuation, Lightspeed Commerce Inc. is currently being traded at a Forward P/E ratio of 15.4. This denotes a discount relative to the industry average Forward P/E of 19.47.
We can also see that LSPD currently has a PEG ratio of 0.79. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.14.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 88, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Lightspeed Commerce Inc. (LSPD): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).