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Lyft, Inc is a software—application business based in the US. Lyft shares (LYFT) are listed on the NASDAQ and all prices are listed in US Dollars. Lyft employs 4,786 staff and has a trailing 12-month revenue of around USD$2.8 billion.
Since the stock market crash in March caused by coronavirus, Lyft's share price has had significant negative movement.
Its last market close was USD$40.11, which is 10.27% down on its pre-crash value of USD$44.7 and 175.45% up on the lowest point reached during the March crash when the shares fell as low as USD$14.5617.
If you had bought USD$1,000 worth of Lyft shares at the start of February 2020, those shares would have been worth USD$471.42 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$836.29.
|Latest market close||USD$40.11|
|52-week range||USD$14.5617 - USD$54.5|
|50-day moving average||USD$30.0008|
|200-day moving average||USD$30.721|
|Wall St. target price||USD$43.18|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-7.454|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-20)||5.28%|
|1 month (2020-10-27)||74.85%|
|3 months (2020-08-27)||35.05%|
|6 months (2020-05-27)||18.84%|
|1 year (2019-11-27)||-18.76%|
|2 years (2018-11-23)||N/A|
|3 years (2017-11-23)||N/A|
|5 years (2015-11-23)||N/A|
Valuing Lyft stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lyft's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lyft's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Lyft shares trade at around 1x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||USD$2.8 billion|
|Gross profit TTM||USD$1.4 billion|
|Return on assets TTM||-19.48%|
|Return on equity TTM||-66.13%|
|Market capitalisation||USD$12.5 billion|
TTM: trailing 12 months
There are currently 25.3 million Lyft shares held short by investors – that's known as Lyft's "short interest". This figure is 5.4% up from 24.0 million last month.
There are a few different ways that this level of interest in shorting Lyft shares can be evaluated.
Lyft's "short interest ratio" (SIR) is the quantity of Lyft shares currently shorted divided by the average quantity of Lyft shares traded daily (recently around 11.7 million). Lyft's SIR currently stands at 2.17. In other words for every 100,000 Lyft shares traded daily on the market, roughly 2170 shares are currently held short.
However Lyft's short interest can also be evaluated against the total number of Lyft shares, or, against the total number of tradable Lyft shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lyft's short interest could be expressed as 0.1% of the outstanding shares (for every 100,000 Lyft shares in existence, roughly 100 shares are currently held short) or 0.1601% of the tradable shares (for every 100,000 tradable Lyft shares, roughly 160 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Lyft.
Find out more about how you can short Lyft stock.
We're not expecting Lyft to pay a dividend over the next 12 months.
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company offers riders, personalized and on-demand access to various transportation options. It provides Ridesharing Marketplace, which enable drivers to provide their transportation services to riders. The company also offers a network of shared bikes and scooters in various cities to address the needs of riders for shorter routes; Express Drive program, a flexible car rentals program that connects drivers who need access to a car with third-party rental car companies; and concierge for organizations to manage the transportation needs of their customers and employees. In addition, it integrates third-party public transit data into the Lyft app to offer riders various transportation options; offers various enterprise programs, including monthly ride credits for daily commutes, supplementing public transit by providing rides for the first and last leg of commute trips, late-night rides home, and shuttle replacement rides; and provides transportation solutions that can be customized for events, such as recruiting events, conferences, celebrations, meetings, and company retreats. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
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