Lyft Inc (NASDAQ:LYFT)’s traded shares stood at 15.23 million during the last session, with the company’s beta value hitting 2.27. At the close of trading, the stock’s price was $14.38, to imply a decrease of -2.38% or -$0.35 in intraday trading. The LYFT share’s 52-week high remains $19.07, putting it -32.61% down since that peak but still an impressive 37.9% since price per share fell to its 52-week low of $8.93. The company has a valuation of $6.05B, with an average of 12.13 million shares in intraday trading volume over the past 10 days and average of 16.27 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Lyft Inc (LYFT), translating to a mean rating of 2.48. Of 24 analyst(s) looking at the stock, 0 analyst(s) give LYFT a Sell rating. 0 of those analysts rate the stock as Overweight while 13 advise Hold as 11 recommend it as a Buy.
Lyft Inc (NASDAQ:LYFT) trade information
After registering a -2.38% downside in the last session, Lyft Inc (LYFT) has traded red over the past five days. The 5-day price performance for the stock is -2.57%, and -9.33% over 30 days. With these gigs, the year-to-date price performance is 15.22%. Short interest in Lyft Inc (NASDAQ:LYFT) saw shorts transact 61.43 million shares and set a 4.4 days time to cover.
The extremes give us $18 and $28 for target low and target high price respectively. As such, LYFT has been trading -94.71% off suggested target high and -25.17% from its likely low.
LYFT Dividends
Lyft Inc has its next earnings report out on 2025-Jun-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Lyft Inc (NASDAQ:LYFT)’s Major holders
Lyft Inc insiders hold 3.84% of total outstanding shares, with institutional holders owning 84.27% of the shares at 87.64% float percentage. In total, 84.27% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 59.08 million shares (or 14.5323% of shares), all amounting to roughly $832.97 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 34.03 million shares, or about 8.3719% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $479.86 million.
