Lyft Inc (NASDAQ: LYFT) kicked off on Friday, up 1.12% from the previous trading day, before settling in for the closing price of $17.92. Over the past 52 weeks, LYFT has traded in a range of $8.93-$20.82.
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A company in the Technology sector has jumped its sales by 20.78% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 33.37%. With a float of $353.65 million, this company’s outstanding shares have now reached $391.24 million.
In an organization with 2945 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.39%, operating margin of -3.79%, and the pretax margin is -1.07%.
Lyft Inc (LYFT) Insider and Institutional Ownership
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 14.74%, while institutional ownership is 77.69%. The most recent insider transaction that took place on Nov 12 ’24, was worth 250,272. In this transaction Chief Executive Officer of this company bought 13,790 shares at a rate of $18.15, taking the stock ownership to the 12,112,796 shares. Before that another transaction happened on Nov 07 ’24, when Company’s CHIEF LEGAL OFFICER, SECRETARY sold 4,242 for $17.76, making the entire transaction worth $75,338. This insider now owns 755,847 shares in total.
Lyft Inc (LYFT) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.06 earnings per share (EPS), higher than consensus estimate (set at -0.18) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.45% during the next five years compared to 22.39% growth over the previous five years of trading.
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 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 11.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.03 in one year’s time.
Technical Analysis of Lyft Inc (LYFT)
Let’s dig in a bit further. During the last 5-days, its volume was 16.09 million. That was better than the volume of 15.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.43%. Additionally, its Average True Range was 0.84.
During the past 100 days, Lyft Inc’s (LYFT) raw stochastic average was set at 90.68%, which indicates a significant increase from 84.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.49% in the past 14 days, which was higher than the 63.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.64, while its 200-day Moving Average is $14.62. However, in the short run, Lyft Inc’s stock first resistance to watch stands at $18.50. Second resistance stands at $18.89. The third major resistance level sits at $19.20. If the price goes on to break the first support level at $17.80, it is likely to go to the next support level at $17.49. The third support level lies at $17.10 if the price breaches the second support level.
Lyft Inc (NASDAQ: LYFT) Key Stats
The company with the Market Capitalisation of 7.60 billion has total of 410,157K 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 1,523 M and last quarter income was -12,430 K.
