A share price of Lyft Inc [LYFT] is currently trading at $13.02, up 1.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LYFT shares have lost -3.27% over the last week, with a monthly amount drifted -6.73%, 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.
Lyft Inc experienced fluctuations in its stock price throughout the past year between $8.93 and $20.82. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Lyft Inc [NASDAQ: LYFT] shares were valued at $13.02 at the most recent close of the market. An investor can expect a potential return of 38.25% based on the average LYFT price forecast.
Analyzing the LYFT fundamentals
Trailing Twelve Months sales for Lyft Inc [NASDAQ:LYFT] were 5.79B which represents 26.60% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.74.
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 12.54 points at the first support level, and at 12.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.76, and for the 2nd resistance point, it is at 14.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lyft Inc [NASDAQ:LYFT] is 0.76. Further, the Quick Ratio stands at 0.76, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.94, the price to book ratio is 7.10 and price to earnings (TTM) ratio is 254.30.
Transactions by insiders
Recent insider trading involved Zimmer John Patrick, Director, that happened on Feb 25 ’25 when 2424.0 shares were sold. Director, LOGAN GREEN completed a deal on Feb 27 ’25 to buy 11411.0 shares. Meanwhile, Director Beggs Jill sold 1572.0 shares on Feb 21 ’25.
