Wall Street Analyst Downgrade Lyft Inc. [LYFT]. What else is Wall St. saying

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Lyft Inc. [NASDAQ: LYFT] jumped around 0.37 points on Tuesday, while shares priced at $44.50 at the close of the session, up 0.84%. The company report on December 31, 2021 that Vita Coco and Lyft Team Up to Keep Consumers Hydrated and Riding Responsibly this New Year’s Eve.

Vita Coco Launching Hangover Subscription and Hangover Shop in Early 2022.


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Leading coconut water brand Vita Coco is bringing convenience and recovery straight to consumers this New Year’s Eve by partnering with Lyft to offer discounts on rides home and hydrating coconut water, perfect after a night out.

Lyft Inc. stock is now 4.14% up from its year-to-date (YTD) trading value. LYFT Stock saw the intraday high of $45.81 and lowest of $43.58 per share. The company’s 52-week high price is 68.28, which means current price is +6.95% above from all time high which was touched on 01/05/22.

Compared to the average trading volume of 6.03M shares, LYFT reached a trading volume of 6341330 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Lyft Inc. [LYFT]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LYFT shares is $66.91 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LYFT stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Lyft Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 07, 2022. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $72 to $67. The new note on the price target was released on December 15, 2021, representing the official price target for Lyft Inc. stock. Previously, the target price had yet another raise to $60, while UBS analysts kept a Buy rating on LYFT stock.

The Average True Range (ATR) for Lyft Inc. is set at 2.18, with the Price to Sales ratio for LYFT stock in the period of the last 12 months amounting to 5.46. The Price to Book ratio for the last quarter was 10.14, with the Price to Cash per share for the same quarter was set at 6.91.

How has LYFT stock performed recently?

Lyft Inc. [LYFT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.00. With this latest performance, LYFT shares gained by 12.63% in over the last four-week period, additionally sinking by -20.29% over the last 6 months – not to mention a drop of -12.19% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LYFT stock in for the last two-week period is set at 55.25, with the RSI for the last a single of trading hit 60.00, and the three-weeks RSI is set at 51.80 for Lyft Inc. [LYFT]. The present Moving Average for the last 50 days of trading for this stock 44.67, while it was recorded at 43.78 for the last single week of trading, and 52.23 for the last 200 days.

Lyft Inc. [LYFT]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Lyft Inc. [LYFT] shares currently have an operating margin of -77.03 and a Gross Margin at +19.83. Lyft Inc.’s Net Margin is presently recorded at -74.13.

Return on Total Capital for LYFT is now -60.43, given the latest momentum, and Return on Invested Capital for the company is -60.14. Return on Equity for this stock declined to -77.38, with Return on Assets sitting at -33.81. When it comes to the capital structure of this company, Lyft Inc. [LYFT] has a Total Debt to Total Equity ratio set at 61.00. Additionally, LYFT Total Debt to Total Capital is recorded at 37.89, with Total Debt to Total Assets ending up at 21.85. Long-Term Debt to Equity for the company is recorded at 54.69, with the Long-Term Debt to Total Capital now at 33.97.

Reflecting on the efficiency of the workforce at the company, Lyft Inc. [LYFT] managed to generate an average of -$374,943 per employee.Lyft Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.

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Insider trade positions for Lyft Inc. [LYFT]

There are presently around $11,987 million, or 82.50% of LYFT stock, in the hands of institutional investors. The top three institutional holders of LYFT stocks are: FMR LLC with ownership of 48,844,349, which is approximately 1.846% of the company’s market cap and around 0.90% of the total institutional ownership; JPMORGAN CHASE & CO, holding 25,587,270 shares of the stock with an approximate value of $1.14 billion in LYFT stocks shares; and VANGUARD GROUP INC, currently with $1.09 billion in LYFT stock with ownership of nearly 8.212% of the company’s market capitalization.

Positions in Lyft Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 268 institutional holders increased their position in Lyft Inc. [NASDAQ:LYFT] by around 20,119,887 shares. Additionally, 219 investors decreased positions by around 29,563,365 shares, while 104 investors held positions by with 219,682,392 shares. The mentioned changes placed institutional holdings at 269,365,644 shares, according to the latest SEC report filing. LYFT stock had 66 new institutional investments in for a total of 2,872,678 shares, while 69 institutional investors sold positions of 8,818,399 shares during the same period.