Lesaka Technologies (NASDAQ:LSAK) Issues FY 2027 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.455-0.515 for the period, compared to the consensus earnings per share estimate of 0.410. The company issued revenue guidance of $424.5 million-$466.9 million, compared to the consensus revenue estimate of $707.4 million. Lesaka Technologies also updated its Q1 2027 guidance to 0.024-0.036 EPS.

Analysts Set New Price Targets

LSAK has been the topic of several research analyst reports. Weiss Ratings lowered Lesaka Technologies from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, September 2nd. Wall Street Zen cut shares of Lesaka Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lesaka Technologies currently has a consensus rating of “Reduce”.

Lesaka Technologies Trading Up 1.5%

Shares of LSAK stock opened at $4.59 on Thursday. Lesaka Technologies has a fifty-two week low of $3.62 and a fifty-two week high of $5.54. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.44 and a current ratio of 1.54. The stock’s fifty day moving average is $4.69 and its two-hundred day moving average is $4.79. The firm has a market capitalization of $393.82 million, a P/E ratio of -13.11 and a beta of 0.33.

Lesaka Technologies (NASDAQ:LSAK) last released its earnings results on Saturday, August 15th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $98.50 million during the quarter. Lesaka Technologies had a negative net margin of 4.11% and a negative return on equity of 15.95%. Research analysts expect that Lesaka Technologies will post 0.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lesaka Technologies

A number of institutional investors have recently added to or reduced their stakes in LSAK. Barclays PLC lifted its position in Lesaka Technologies by 13,359.8% in the fourth quarter. Barclays PLC now owns 141,866 shares of the company’s stock valued at $677,000 after buying an additional 140,812 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Lesaka Technologies in the third quarter valued at $74,000. Finally, Citadel Advisors LLC raised its position in Lesaka Technologies by 26.4% in the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock valued at $79,000 after purchasing an additional 3,959 shares in the last quarter. Hedge funds and other institutional investors own 24.19% of the company’s stock.

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.