Investor’s Toolkit: Key Ratios for Assessing Lyft Inc (LYFT)’s Performance

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Lyft Inc (NASDAQ: LYFT) closed the day trading at $17.08 up 0.23% from the previous closing price of $17.04. In other words, the price has increased by $0.23 from its previous closing price. On the day, 11.06 million shares were traded. LYFT stock price reached its highest trading level at $17.675 during the session, while it also had its lowest trading level at $16.65.

Ratios:

For a better understanding of LYFT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 2.50 whereas as Long-Term Debt/Eq ratio is at 2.30.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 6891506688 and an Enterprise Value of 6452988416. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 14.01. Its current Enterprise Value per Revenue stands at 1.379 whereas that against EBITDA is -86.614.

Stock Price History:

The Beta on a monthly basis for LYFT is 2.12, which has changed by 1.0479617 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. 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 -4.00%, while the 200-Day Moving Average is calculated to be 25.98%.

Shares Statistics:

Over the past 3-months, LYFT traded about 16.53M shares per day on average, while over the past 10 days, LYFT traded about 16256190 shares per day. A total of 391.24M shares are outstanding, with a floating share count of 342.52M. Insiders hold about 15.03% of the company’s shares, while institutions hold 77.19% stake in the company. Shares short for LYFT as of 1714435200 were 51814597 with a Short Ratio of 3.13, compared to 1711584000 on 48937930. Therefore, it implies a Short% of Shares Outstanding of 51814597 and a Short% of Float of 15.509999999999998.

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