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Lyft (LYFT)
NASDAQ:LYFT
Holding LYFT?
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LYFT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.85 - $20.82
Previous Close$13.62
Volume11.04M
Average Volume (3M)13.84M
Market Cap
$5.59B
Enterprise Value$4.91B
Total Cash (Recent Filing)$1.80B
Total Debt (Recent Filing)$1.12B
Price to Earnings (P/E)―
Beta2.12
Next Earnings
Nov 06, 2024EPS Estimate
$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.16
Shares Outstanding410,157,403
10 Day Avg. Volume12,611,949
30 Day Avg. Volume13,837,473
Standard Deviation0.20
R-Squared0.29
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)9.92
Price to Sales (P/S)1.10
Price to Cash Flow (P/CF)5.10
P/FCF Ratio5.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.96
Enterprise Value/Gross Profit2.64
Enterprise Value/Ebitda55.98
Forecast
1Y Price Target
$13.63Price Target Upside-2.57% Downside
Rating ConsensusHold
Number of Analyst Covering35
Lyft News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLyft booked its first net income with strong adjusted EBITDA numbers and guidance.
Innovation And EngagementLyft Media revenue was up more than 70% year-over-year, with in-app revenue increasing more than tenfold, and the company signed deals with 44 new brands.
Market Share GrowthLyft gained approximately 100 basis points of market share compared to Uber in the third quarter.
Bears Say
Competitive DisadvantageLYFT faces structural competitive disadvantages due to UBER's extensive presence across 70+ countries and diversified business units.
EarningsThe anticipated increase in insurance costs is expected to impact earnings negatively.
Growth ConcernsLyft’s 3Q outlook for GBs growth of 13-15% is below the 15% 2024-2027 CAGR introduced at Investor Day, raising concerns around whether Lyft’s outlook is achievable.
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Ownership Overview
4.73% Insiders
27.12% Mutual Funds
0.12% Other Institutional Investors
54.08% 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 $8.85 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 Nov 06, 2024 which is in 18 days.
How were Lyft’s earnings last quarter?
Lyft released its earnings results on Aug 07, 2024. The company reported $0.238 earnings per share for the quarter, beating the consensus estimate of $0.173 by $0.065.
Is Lyft overvalued?
According to Wall Street analysts Lyft’s price is currently Overvalued.
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 401,626,770 shares outstanding.
What happened to Lyft’s price movement after its last earnings report?
Lyft reported an EPS of $0.238 in its last earnings report, beating expectations of $0.173. Following the earnings report the stock price went down -17.229%.
Which hedge fund is a major shareholder of Lyft?
Among the largest hedge funds holding Lyft’s share is Appaloosa Management LP. It holds Lyft’s shares valued at 112M.
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Lyft Stock Smart Score
Unlock Smart Score
1
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5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$13.63 (-2.57% Downside)
$13.63 (-2.57% Downside)
Blogger Sentiment
Bullish
LYFT Sentiment 86%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 6.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $349.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.87%
12-Months-Change
Fundamentals
Return on Equity
-13.46%
Trailing 12-Months
Asset Growth
12.39%
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
Q2 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
$13.63
▼(-2.57% Downside)
Technical Analysis
Best Analysts Covering LYFT
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
-13.37%
reiterated a buy rating 6 months ago
Copying Ivan Feinseth's trades and holding each position for 1 Year would result in 45.45% of your transactions generating a profit, with an average return of -13.37% per trade.
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