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Lyft (LYFT)
NASDAQ:LYFT
Lyft (LYFT) Stock Price & Analysis
4,686 Followers
LYFT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.85 - $20.82
Previous Close$13.97
Volume17.36M
Average Volume (3M)13.36M
Market Cap
$5.64B
Enterprise Value$5.08B
Total Cash (Recent Filing)$1.67B
Total Debt (Recent Filing)$1.11B
Price to Earnings (P/E)―
Beta2.20
Next Earnings
Jul 31, 2024EPS Estimate
$0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding403,483,640
10 Day Avg. Volume17,267,112
30 Day Avg. Volume13,357,502
Standard Deviation0.20
R-Squared0.30
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)30.23
Price to Sales (P/S)1.21
Price to Cash Flow (P/CF)8.70
P/FCF Ratio10.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.09
Enterprise Value/Gross Profit2.73
Enterprise Value/Ebitda9.36
Forecast
1Y Price Target
$19.34Price Target Upside44.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Lyft News
PremiumMarket News
Uber, Lyft Settle a Multi-Year Suit
Bulls Say, Bears Say
Bulls Say
Financial GuidanceThe company came out swinging with a strong set of guidance that implies 30%+ upside to consensus EBITDA estimates by 2027.
Growth And ExpansionNew drivers coming onto the platform are at an all-time high, with 1.3 million drivers earning on the platform and over 500,000 drivers earning on Lyft every week.
Legal And RegulatoryA favorable outcome in the CA case would be an important positive for gig economy sentiment.
Bears Say
CompetitionLyft faces a strong, much larger competitor and analysts believe the darkest days of this economic quagmire are ahead.
Financial PerformanceOperating profit of $29.7 million missed the estimate of $50.5 million and EPS of $0.15 fell short of the projection of $0.18.
Insurance CostsInsurance costs continue to outpace demand owing to improved volume/higher insurance costs per ride.
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Ownership Overview
21.65% Insiders
30.71% Mutual Funds
12.10% Other Institutional Investors
35.53% 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 Jul 31, 2024 which is in 28 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 $0.16.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$19.34 (44.33% Upside)
$19.34 (44.33% Upside)
Blogger Sentiment
Bullish
LYFT Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $241.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
39.72%
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
$19.34
▲(44.33% Upside)
Technical Analysis
Best Analysts Covering LYFT
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
-11.62%
reiterated a buy rating 3 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 -11.62% per trade.
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