In last trading session, Lyft Inc (NASDAQ:LYFT) saw 23.86 million shares changing hands with its beta currently measuring 2.17. Company’s recent per share price level of $13.39 trading at -$0.62 or -4.43% at ring of the bell on the day assigns it a market valuation of $5.60B. That closing price of LYFT’s stock is at a discount of -55.49% from its 52-week high price of $20.82 and is indicating a premium of 33.31% from its 52-week low price of $8.93.
For Lyft Inc (LYFT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.39. Splitting up the data highlights that, out of 24 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 13 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.02 in the current quarter.
Lyft Inc (NASDAQ:LYFT) trade information
Upright in the red during last session for losing -4.43%, in the last five days LYFT remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $13.39 price level, adding 7.21% to its value on the day. Lyft Inc’s shares saw a change of 3.80% in year-to-date performance and have moved -6.95% in past 5-day. Lyft Inc (NASDAQ:LYFT) showed a performance of -0.15% in past 30-days.
Wall Street analysts have assigned a consensus price target of 17 to the stock, which implies a rise of 21.24% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 26. It follows that stock’s current price would jump 2.91% in reaching the projected high whereas dropping to the targeted low would mean a gain of 2.91% for stock’s current value.
Lyft Inc (LYFT) estimates and forecasts
This year revenue growth is estimated to rise 12.97% from the last financial year’s standing.
31 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.47B for the same. And 31 analysts are in estimates of company making revenue of 1.63B in the next quarter. Company posted 1.28B and 1.44B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 3.69% while estimates for its earnings growth in next 5 years are of 19.46%.
Lyft Inc (NASDAQ:LYFT)’s Major holders
FMR LLC is the top institutional holder at LYFT for having 59.08 million shares of worth $832.97 million. And as of 2024-06-30, it was holding 14.7118 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 34.03 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.4753 of outstanding shares, having a total worth of $479.86 million.
