Is Lightspeed stock a good investment?
The most eye-popping statement from Spruce Point's report is that the investment firm believes Lightspeed's stock could fall by 60% to 80% over the long term. Of course, predictions like that are nothing more than speculation; nevertheless, Spruce Point laid out a few reasons why it thinks Lightspeed isn't a good investment.
Why are shares of Lightspeed Commerce plunging today?
Shares of Lightspeed Commerce (NYSE: LSPD) were plummeting today after U.S. short-seller and investment manager Spruce Point Capital released a bearish report on the Canadian-based payment solutions company.
Can Lightspeed (LSPD) stock stage a comeback in 2022?
The underperformance continued in 2022, as LSPD stock has lost close to 9% in the first two weeks of this year. Let’s see if it can stage a comeback going forward. Lightspeed has expanded its top line at a stellar rate. Its revenue has risen from just US$57 million in fiscal 2018 to US$221 million in fiscal 2021 that ended in March.
Will Lightspeed stock surge 140% in 2022?
This 1 Stock Could Surge 140% in 2022, According to Analysts Lightspeed is the same stock that most long-term investors were willing to pay well more than $100 per share for a few months ago. The post Year-End Fire Sale!
Is Lightspeed in trouble?
Lightspeed Commerce (TSX:LSPD)(NYSE:LSPD) plunged on Thursday after its earnings review came in under analyst estimates. With a loss expected at $0.11 per share by analysts, Lightspeed stock instead announced an adjusted EBITDA loss of $0.20 per share for the second quarter of 2022.
Is Lightspeed POS a good stock to buy?
That's very good news for investors. Lightspeed also reported that its customer locations have been increasing at a CAGR of 56% over the past two years. With about 159,000 customer locations in Q3 2022, Lightspeed is looking more and more like a serious contender in the POS space.
Is Lspd stock a buy?
The financial health and growth prospects of LSPD, demonstrate its potential to underperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
Will Lspd go up?
The 20 analysts offering 12-month price forecasts for Lightspeed Commerce Inc have a median target of 40.00, with a high estimate of 65.00 and a low estimate of 24.19. The median estimate represents a +88.77% increase from the last price of 21.19.
Is Lightspeed a strong buy?
Lightspeed Commerce has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 16 buy ratings, 1 hold rating, and 1 sell rating.
Should I invest in Lightspeed commerce?
Lightspeed is diversifying its geographical footprint, and it has the potential to become an e-commerce giant comparable to the biggest names in the industry. The significant downturn in its valuation over the last several months makes it an attractive high-growth play to consider.
Is Lightspeed a good company?
Is Lightspeed a good company to work for? Lightspeed has an overall rating of 4.0 out of 5, based on over 494 reviews left anonymously by employees. 75% of employees would recommend working at Lightspeed to a friend and 75% have a positive outlook for the business.
What is the target price for Lightspeed?
Stock Price Target LSPDHigh$65.00Median$40.00Low$24.19Average$42.13Current Price$25.19
What does the company Lightspeed do?
Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada. It was founded in 2005 by Dax da Silva who served as the CEO of the company until February 2, 2022. It has offices in Montreal, New York, Ottawa, Santa Cruz, Toronto, Amsterdam and Ghent.
Does Lightspeed pay a dividend?
No, Lightspeed does not currently pay a dividend.
Is cargo jet a buy?
Cargojet has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.
What is Lightspeed eCommerce?
About Lightspeed eCommerce Lightspeed offers a cloud-based e-commerce solution that allows users to manage in-store and online inventory, view all customer information and analyze multi-channel sales data from one system.
Is Lspd overvalued?
The report indicated that Lightspeed was extremely overvalued, especially considering it may not approach profitability for years.
Is cargo jet a buy?
Cargojet has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.
Does Lightspeed pay a dividend?
No, Lightspeed does not currently pay a dividend.
Is Well Health stock a buy?
Shares of WELL Health have plunged 27% in 2022 as of close on May 12. The stock has declined 44% in the year-over-year period. Back in October 2021, I'd recommended this Canadian healthcare stock as an undervalued play before the New Year. Investors should be excited about the future of digital health.
Lawsuits
The short-seller report
The deadline for a number of class-action lawsuits aimed at Lightspeed stock seems to be the main driver of the downward spiral. There are several class actions out at the moment, and each is related to the short-seller report from back in September.
What should investors do?
The class-action lawsuits all focus on the same thing. For the period between September 11, 2020, and September 28, 2021, Lightspeed stock management “… made materially false and misleading statements regarding the Company’s business, operations, and compliance policies,” according to a statement by the law offices of Frank R. Cruz.
Stock Advisor Canada Returns
The important thing to note here is that none of this has been proven yet. Spruce Point Capital Management made a lot of claims against Lightspeed stock. It also brought up some good points that the company may have stretched itself too far, too soon. Fine, but there is no proof yet that the company misled investors.
Lightspeed on track to meet profitability targets, despite share slump: new CEO
Returns since inception, October 2013. Current as of February 21, 2022.
Is a Surprise Coming for Lightspeed (LSPD) This Earnings Season?
Lightspeed Commerce Inc.'s new chief executive is insisting the company is on track to meet its growth and profitability targets after just one day in the top job. JP Chauvet said Thursday that the Montreal-based technology company, which sells point-of-sale software, is poised to grow organically between 35 and 40 per cent a year.
3 High-Growth Stocks That Could Rally in 2022 and Beyond
Lightspeed (LSPD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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