Lyft Inc [NASDAQ: LYFT] plunged by -$0.41 during the normal trading session on while it closed the day at $13.05.
Lyft Inc stock has also loss -3.12% of its value over the past 7 days. However, LYFT stock has declined by -24.57% in the 3 months of the year. Over the past six months meanwhile, it has gained 15.59% and gained 1.16% year-on date.
The market cap for LYFT stock reached $5.46 billion, with 409.47 million shares outstanding and 377.90 million shares in the current float. Compared to the average trading volume of 17.26M shares, LYFT reached a trading volume of 16795825 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $16.89 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 2.35. 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.
The Benchmark Company have made an estimate for Lyft Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 06, 2025. While these analysts kept the previous recommendation, The Benchmark Company raised their target price to Hold. The new note on the price target was released on October 25, 2024, representing the official price target for Lyft Inc stock.
The Average True Range (ATR) for Lyft Inc is set at 0.76, with the Price to Sales ratio for LYFT stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 7.11, with the Price to Cash per share for the same quarter was set at 4.75. Price to Free Cash Flow for LYFT in the course of the last twelve months was 7.12 with Quick ratio for the last quarter at 0.76.
LYFT stock trade performance evaluation
Lyft Inc [LYFT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.12. With this latest performance, LYFT shares dropped by -2.76% in over the last four-week period, additionally plugging by 15.59% over the last 6 months – not to mention a drop of -22.00% 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 43.07, with the RSI for the last a single of trading hit 40.63, and the three-weeks RSI is set at 44.32 for Lyft Inc [LYFT]. The present Moving Average for the last 50 days of trading for this stock 13.84, while it was recorded at 13.47 for the last single week of trading, and 13.83 for the last 200 days.
Lyft Inc [LYFT]: An insightful look at the core fundamentals
Lyft Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 0.76.
Earnings per share (EPS) analysis for Lyft Inc [LYFT] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LYFT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lyft Inc go to 19.46%.
Lyft Inc [LYFT]: Institutional Ownership
The top three institutional holders of LYFT stocks are: FMR LLC with ownership of 59.08 million shares, which is approximately 14.7118%. VANGUARD GROUP INC, holding 34.03 million shares of the stock with an approximate value of $$479.86 million in LYFT stocks shares; and VANGUARD GROUP INC, currently with $$253.41 million in LYFT stock with ownership which is approximately 4.4757%.
