Lyft Inc [LYFT] stock prices are up 1.49% to $13.60 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LYFT shares have gain 1.80% over the last week, with a monthly amount drifted -3.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lyft Inc [NASDAQ: LYFT] stock has seen the most recent analyst activity on January 06, 2025, when The Benchmark Company upgraded its rating to a Buy but kept the price target unchanged to $20 for it. Cantor Fitzgerald started tracking the stock assigning a Neutral rating and suggested a price target of $13 on September 05, 2024. Nomura upgraded its rating to a Neutral. Melius started tracking with a Hold rating for this stock on July 22, 2024, and assigned it a price target of $15. In a note dated July 16, 2024, Wolfe Research initiated an Peer Perform rating.
The stock price of Lyft Inc [LYFT] has been fluctuating between $8.93 and $20.82 over the past year. Currently, Wall Street analysts expect the stock to reach $16.25 within the next 12 months. Lyft Inc [NASDAQ: LYFT] shares were valued at $13.60 at the most recent close of the market. An investor can expect a potential return of 19.49% based on the average LYFT price forecast.
Analyzing the LYFT fundamentals
The Lyft Inc [NASDAQ:LYFT] reported sales of 5.46B for trailing twelve months, representing a surge of 31.54%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.12 and Total Capital is -0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.26 points at the first support level, and at 12.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.83, and for the 2nd resistance point, it is at 14.06.
Ratios To Look Out For
It’s worth pointing out that Lyft Inc [NASDAQ:LYFT]’s Current Ratio is 0.75. Also, the Quick Ratio is 0.75, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 8.60.
Transactions by insiders
Recent insider trading involved Llewellyn Lindsay Catherine, CHIEF LEGAL OFFICER, SECRETARY, that happened on Dec 02 ’24 when 24550.0 shares were sold. Director, Green Logan completed a deal on Nov 27 ’24 to sell 10919.0 shares. Meanwhile, Officer Llewellyn Lindsay Catherine bought 24550.0 shares on Dec 02 ’24.
