Balance Sheet Insights: Lyft Inc (LYFT)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Lyft Inc (NASDAQ: LYFT) closed at $17.78 up 7.11% from its previous closing price of $16.60. In other words, the price has increased by $7.11 from its previous closing price. On the day, 38.91 million shares were traded. LYFT stock price reached its highest trading level at $18.3983 during the session, while it also had its lowest trading level at $17.16.

Ratios:

For a deeper understanding of Lyft Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 567.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 2.17.

On March 04, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $17 to $23.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 03 ’24 when Sverchek Kristin sold 3,500 shares for $17.50 per share. The transaction valued at 61,253 led to the insider holds 60,778 shares of the business.

Sverchek Kristin sold 6,500 shares of LYFT for $100,996 on May 01 ’24. The PRESIDENT now owns 64,278 shares after completing the transaction at $15.54 per share. On Apr 01 ’24, another insider, Sverchek Kristin, who serves as the PRESIDENT of the company, sold 10,200 shares for $19.28 each. As a result, the insider received 196,661 and left with 70,778 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LYFT now has a Market Capitalization of 7167456256 and an Enterprise Value of 6110369792. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 14.59. Its current Enterprise Value per Revenue stands at 1.306 whereas that against EBITDA is -53.903.

Stock Price History:

Over the past 52 weeks, LYFT has reached a high of $20.82, while it has fallen to a 52-week low of $7.85. The 50-Day Moving Average of the stock is 0.46%, while the 200-Day Moving Average is calculated to be 32.44%.

Shares Statistics:

For the past three months, LYFT has traded an average of 18.71M shares per day and 14092430 over the past ten days. A total of 391.24M shares are outstanding, with a floating share count of 342.51M. Insiders hold about 15.03% of the company’s shares, while institutions hold 74.48% stake in the company. Shares short for LYFT as of 1713139200 were 54122472 with a Short Ratio of 2.89, compared to 1710460800 on 52744820. Therefore, it implies a Short% of Shares Outstanding of 54122472 and a Short% of Float of 16.2.

Earnings Estimates

The current rating of Lyft Inc (LYFT) is the result of assessments by 16.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.22 and a low estimate of $0.08, while EPS last year was $0.16. The consensus estimate for the next quarter is $0.18, with high estimates of $0.35 and low estimates of $0.1.

Analysts are recommending an EPS of between $1.08 and $0.31 for the fiscal current year, implying an average EPS of $0.61. EPS for the following year is $0.86, with 21.0 analysts recommending between $1.45 and $0.55.

Revenue Estimates

A total of 29 analysts believe the company’s revenue will be $1.27B this quarter.It ranges from a high estimate of $1.37B to a low estimate of $1.02B. As of the current estimate, Lyft Inc’s year-ago sales were $1.02BFor the next quarter, 29 analysts are estimating revenue of $1.33B. There is a high estimate of $1.4B for the next quarter, whereas the lowest estimate is $1.13B.

A total of 37 analysts have provided revenue estimates for LYFT’s current fiscal year. The highest revenue estimate was $5.42B, while the lowest revenue estimate was $4.34B, resulting in an average revenue estimate of $5.14B. In the same quarter a year ago, actual revenue was $4.4BBased on 37 analysts’ estimates, the company’s revenue will be $5.78B in the next fiscal year. The high estimate is $6.25B and the low estimate is $4.54B.

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