Metric Analysis: Lyft Inc (LYFT)’s Key Ratios in the Limelight

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Lyft Inc (NASDAQ: LYFT) closed at $15.27 down -3.35% from its previous closing price of $15.80. In other words, the price has decreased by -$3.35 from its previous closing price. On the day, 11.82 million shares were traded. LYFT stock price reached its highest trading level at $15.94 during the session, while it also had its lowest trading level at $15.04.

Ratios:

For a deeper understanding of Lyft Inc’s stock, let’s take a closer look at its various 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:

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 29 ’24 when Green Logan sold 10,475 shares for $15.75 per share. The transaction valued at 164,972 led to the insider holds 329,202 shares of the business.

Zimmer John Patrick sold 3,327 shares of LYFT for $52,377 on May 29 ’24. The Director now owns 921,294 shares after completing the transaction at $15.74 per share. On May 28 ’24, another insider, BLACKWOOD-KAPRAL LISA, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 9,083 shares for $15.67 each. As a result, the insider received 142,315 and left with 351,853 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 6375042048 and an Enterprise Value of 5722683392. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 12.53. Its current Enterprise Value per Revenue stands at 1.223 whereas that against EBITDA is -76.811.

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 $8.85. The 50-Day Moving Average of the stock is -11.46%, while the 200-Day Moving Average is calculated to be 10.22%.

Shares Statistics:

For the past three months, LYFT has traded an average of 13.13M shares per day and 9301310 over the past ten days. A total of 391.24M shares are outstanding, with a floating share count of 343.04M. Insiders hold about 14.98% of the company’s shares, while institutions hold 79.78% stake in the company. Shares short for LYFT as of 1715731200 were 43311312 with a Short Ratio of 3.30, compared to 1713139200 on 54122472. Therefore, it implies a Short% of Shares Outstanding of 43311312 and a Short% of Float of 12.950000000000001.

Most Popular