Lesaka Technologies (NASDAQ:LSAK) Releases Q1 2027 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its first quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.024-0.036 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of $95.8 million-$100.7 million. Lesaka Technologies also updated its FY 2027 guidance to 0.455-0.515 EPS.

Analysts Set New Price Targets

Several analysts recently commented on the company. Wall Street Zen lowered Lesaka Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Weiss Ratings downgraded shares of Lesaka Technologies from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, September 2nd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Lesaka Technologies Trading Up 1.5%

Shares of NASDAQ:LSAK traded up $0.07 during trading on Wednesday, hitting $4.59. The company had a trading volume of 123,275 shares, compared to its average volume of 115,615. The stock has a market cap of $393.81 million, a price-to-earnings ratio of -13.11 and a beta of 0.33. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.54 and a quick ratio of 1.44. The company has a fifty day simple moving average of $4.70 and a two-hundred day simple moving average of $4.79. Lesaka Technologies has a one year low of $3.62 and a one year high of $5.54.

Lesaka Technologies (NASDAQ:LSAK) last issued its quarterly earnings results on Wednesday, September 9th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. Lesaka Technologies had a negative return on equity of 15.95% and a negative net margin of 4.11%.The company had revenue of $98.50 million during the quarter, compared to the consensus estimate of $98.78 million. Lesaka Technologies has set its FY 2027 guidance at 0.455-0.515 EPS and its Q1 2027 guidance at 0.024-0.036 EPS. As a group, equities analysts forecast that Lesaka Technologies will post 0.03 earnings per share for the current year.

Institutional Investors Weigh In On Lesaka Technologies

A number of institutional investors and hedge funds have recently modified their holdings of LSAK. Susquehanna International Group LLP bought a new position in Lesaka Technologies in the 3rd quarter valued at $74,000. Citadel Advisors LLC grew its holdings in shares of Lesaka Technologies by 26.4% in the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock worth $79,000 after purchasing an additional 3,959 shares during the last quarter. Finally, Barclays PLC increased its stake in Lesaka Technologies by 13,359.8% in the 4th quarter. Barclays PLC now owns 141,866 shares of the company’s stock worth $677,000 after buying an additional 140,812 shares during the period. 24.19% of the stock is owned by institutional investors.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.