Lyft Inc (NASDAQ: LYFT) kicked off on Monday, down -2.50% from the previous trading day, before settling in for the closing price of $13.60. Over the past 52 weeks, LYFT has traded in a range of $8.85-$20.82.
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Technology Sector giant saw their annual sales surged by 20.78% over the last five years. While this was happening, its average annual earnings per share was recorded 14.46%. With a float of $349.63 million, this company’s outstanding shares have now reached $391.24 million.
The firm has a total of 2945 workers. Let’s measure their productivity. In terms of profitability, gross margin is 35.55%, operating margin of -3.74%, and the pretax margin is -1.12%.
Lyft Inc (LYFT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Lyft Inc is 14.76%, while institutional ownership is 77.95%. The most recent insider transaction that took place on Sep 16 ’24, was worth 27,440. In this transaction Director of this company sold 2,424 shares at a rate of $11.32, taking the stock ownership to the 929,638 shares. Before that another transaction happened on Sep 12 ’24, when Company’s CHIEF LEGAL OFFICER, SECRETARY sold 4,243 for $12.00, making the entire transaction worth $50,916. This insider now owns 760,089 shares in total.
Lyft Inc (LYFT) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.24 earnings per share (EPS), higher than consensus estimate (set at 0.13) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.46% per share during the next fiscal year.
Lyft Inc (NASDAQ: LYFT) Trading Performance Indicators
Take a look at Lyft Inc’s (LYFT) current performance indicators. Last quarter, stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 14.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Lyft Inc (LYFT)
Analysing the last 5-days average volume posted by the [Lyft Inc, LYFT], we can find that recorded value of 15.47 million was better than the volume posted last year of 15.02 million. As of the previous 9 days, the stock’s Stochastic %D was 68.19%. Additionally, its Average True Range was 0.56.
During the past 100 days, Lyft Inc’s (LYFT) raw stochastic average was set at 51.82%, which indicates a significant decrease from 69.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.14% in the past 14 days, which was lower than the 55.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.72, while its 200-day Moving Average is $14.40. Now, the first resistance to watch is $13.52. This is followed by the second major resistance level at $13.78. The third major resistance level sits at $14.06. If the price goes on to break the first support level at $12.98, it is likely to go to the next support level at $12.70. Should the price break the second support level, the third support level stands at $12.44.
Lyft Inc (NASDAQ: LYFT) Key Stats
The company with the Market Capitalisation of 5.44 billion has total of 403,484K Shares Outstanding. Its annual sales at the moment are 4,404 M in contrast with the sum of -340,320 K annual income. Company’s last quarter sales were recorded 1,436 M and last quarter income was 5,010 K.
