Lyft Inc (NASDAQ: LYFT) kicked off on Monday, down -1.09% from the previous trading day, before settling in for the closing price of $17.36. Over the past 52 weeks, LYFT has traded in a range of $8.93-$20.82.
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Annual sales at Technology sector company grew by 20.78% over the past five years. While this was happening, its average annual earnings per share was recorded 28.93%. With a float of $353.82 million, this company’s outstanding shares have now reached $406.28 million.
Let’s look at the performance matrix of the company that is accounted for 2945 employees. 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 Updates
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 14.70%, while institutional ownership is 77.64%. The most recent insider transaction that took place on Nov 27 ’24, was worth 188,313. In this transaction Director of this company sold 10,919 shares at a rate of $17.25, taking the stock ownership to the 314,492 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 24,550 for $17.17, making the entire transaction worth $421,486.
Lyft Inc (LYFT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 28.93% 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 1.32. Likewise, its price to free cash flow for the trailing twelve months is 11.22.
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)
Lyft Inc (NASDAQ: LYFT) saw its 5-day average volume 12.07 million, a negative change from its year-to-date volume of 15.07 million. As of the previous 9 days, the stock’s Stochastic %D was 51.67%. Additionally, its Average True Range was 0.75.
During the past 100 days, Lyft Inc’s (LYFT) raw stochastic average was set at 81.31%, which indicates a significant increase from 38.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.14% in the past 14 days, which was lower than the 64.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.70, while its 200-day Moving Average is $14.79. Nevertheless, the first resistance level for the watch stands at $17.35 in the near term. At $17.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.68. If the price goes on to break the first support level at $17.02, it is likely to go to the next support level at $16.88. Assuming the price breaks the second support level, the third support level stands at $16.69.
Lyft Inc (NASDAQ: LYFT) Key Stats
The company with the Market Capitalisation of 7.20 billion has total of 414,817K 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.
