Lightspeed Advances as Investors Await Its Next Earnings Report

Lightspeed Commerce shares rose 1.45% to $9.82 in Friday’s session, beating the S&P 500’s 0.73% gain. The Dow added 0.49%, and the Nasdaq gained 1.19%.

Despite Friday’s advance, the shares were down 8.42% over the past month. That lagged the Computer and Technology sector, up 6.36%, and the S&P 500, up 0.55%.

Investors are looking ahead to the company’s next earnings report. Zacks consensus estimates put quarterly earnings at $0.15 per share, 6.25% below year-earlier levels, and revenue at $321.44 million, up 0.78%.

For the full year, Zacks estimates earnings of $0.57 a share and revenue of $1.27 billion. Those figures would mark year-over-year gains of 29.55% and 3.16%, respectively.

Zacks said its consensus EPS forecast had risen 22.52% in the past 30 days. Lightspeed’s forward P/E was 17.06, below the industry average of 19.59.

The company’s PEG ratio was 0.56, compared with an industry average of 1.17 as of the previous close. Zacks says the PEG ratio also accounts for projected earnings growth.