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Lyft (LYFT)
NASDAQ:LYFT
Lyft (LYFT) Stock Price & Analysis
4,575 Followers
LYFT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.85 - $20.82
Previous Close$16.62
Volume5.36M
Average Volume (3M)14.51M
Market Cap
$6.48B
Enterprise Value$6.04B
Total Cash (Recent Filing)$1.69B
Total Debt (Recent Filing)$1.02B
Price to Earnings (P/E)-35.0
Beta1.88
Next Earnings
Jul 31, 2024EPS Estimate
$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding403,483,640
10 Day Avg. Volume15,308,448
30 Day Avg. Volume14,509,988
Standard Deviation0.20
R-Squared0.30
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)37.36
Price to Sales (P/S)1.49
Price to Cash Flow (P/CF)10.70
P/FCF Ratio10.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit3.25
Enterprise Value/Ebitda16.57
Forecast
1Y Price Target
$18.88Price Target Upside17.52% Upside
Rating ConsensusHold
Number of Analyst Covering25
Lyft News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLyft reported revenue of $1.277 billion and gross bookings of $3.693 billion, up 21% year-over-year, reflecting strong growth and market performance.
Market TrendsLyft Media, the company's advertising segment, grew its revenue approximately 250% year-over-year in the first quarter, indicating a robust expansion in its advertising business.
Operational EfficiencyLyft increased its EBITDA/Free Cash Flow conversion to 70%, showing improvements within insurance visibility and operational efficiency.
Bears Say
Competitive PositionLyft faces a strong, much larger competitor, while the fate of the gig economy remains under scrutiny.
Financial PerformanceOperating profit and EPS fell short of estimates, indicating potential issues with profitability and earnings expectations.
Insurance CostsInsurance costs continue to outpace demand with total rides growing by 23% versus Cost of Goods Sold increasing by 38%.
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Ownership Overview
21.66% Insiders
29.37% Mutual Funds
28.67% Other Institutional Investors
20.30% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Lyft
Desktop Users
Mobile Users
LYFT FAQ
What was Lyft’s price range in the past 12 months?
Lyft lowest stock price was $7.85 and its highest was $20.82 in the past 12 months.
What is Lyft’s market cap?
Currently, no data Available
When is Lyft’s upcoming earnings report date?
Lyft’s upcoming earnings report date is Jul 31, 2024 which is in 72 days.
How were Lyft’s earnings last quarter?
Lyft released its earnings results on May 07, 2024. The company reported $0.148 earnings per share for the quarter, beating the consensus estimate of $0.074 by $0.074.
Is Lyft overvalued?
According to Wall Street analysts Lyft’s price is currently Undervalued.
Does Lyft pay dividends?
Lyft does not currently pay dividends.
What is Lyft’s EPS estimate?
Lyft’s EPS estimate is $0.18.
How many shares outstanding does Lyft have?
Lyft has 394,953,000 shares outstanding.
What happened to Lyft’s price movement after its last earnings report?
Lyft reported an EPS of $0.148 in its last earnings report, beating expectations of $0.074. Following the earnings report the stock price went up 7.108%.
Which hedge fund is a major shareholder of Lyft?
Among the largest hedge funds holding Lyft’s share is PRIMECAP Management Co. It holds Lyft’s shares valued at 119M.
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Lyft Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$18.88 (17.52% Upside)
$18.88 (17.52% Upside)
Blogger Sentiment
Bullish
LYFT Sentiment 68%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $515.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
98.80%
12-Months-Change
Fundamentals
Return on Equity
-42.18%
Trailing 12-Months
Asset Growth
5.14%
Trailing 12-Months
Company Description
Lyft
Lyft, Inc. operates as an online social rideshare community platform. It helps commuters to share rides with friends, classmates, and co-workers going the same way. The company was founded by Marcus Cohn, John Zimmer, Rajat Suri, Matt van Horn, and Logan Green in June 2012 and is headquartered in San Francisco, CA.
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LYFT Company Deck
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LYFT Earnings Call
Q1 2024
0:00 / 0:00
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LYFT Revenue Breakdown
93.47% Revenue from contracts with customers
6.53% Rental revenue
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LYFT Stock 12 Month Forecast
Average Price Target
$18.88
▲(17.52% Upside)
Technical Analysis
Best Analysts Covering LYFT
1 Year
1 Year Success Rate
10/18 ratings generated profit
1 Year Average Return
+9.18%
reiterated a buy rating 14 days ago
Copying Michael Graham's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +9.18% per trade.
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