On Monday, Lyft Inc (NASDAQ: LYFT) opened higher 2.26% from the last session, before settling in for the closing price of $15.94. Price fluctuations for LYFT have ranged from $8.93 to $20.82 over the past 52 weeks.
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Annual sales at Technology sector company grew by 20.78% over the past five years. Company’s average yearly earnings per share was noted 28.93% at the time writing. With a float of $353.86 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
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Lyft Inc is 14.70%, while institutional ownership is 80.26%. The most recent insider transaction that took place on Dec 02 ’24, was worth 421,487. In this transaction CHIEF LEGAL OFFICER, SECRETARY of this company sold 24,550 shares at a rate of $17.17, taking the stock ownership to the 707,267 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Director sold 10,919 for $17.25, making the entire transaction worth $188,313. This insider now owns 314,492 shares in total.
Lyft Inc (LYFT) Performance Highlights and Predictions
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 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
Check out the current performance indicators for Lyft Inc (LYFT). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24. Likewise, its price to free cash flow for the trailing twelve months is 10.54.
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 14.42 million, a negative change from its year-to-date volume of 15.06 million. As of the previous 9 days, the stock’s Stochastic %D was 20.37%. Additionally, its Average True Range was 0.80.
During the past 100 days, Lyft Inc’s (LYFT) raw stochastic average was set at 72.73%, which indicates a significant increase from 34.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.57% in the past 14 days, which was lower than the 66.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.02, while its 200-day Moving Average is $14.79. Nevertheless, the first resistance level for the watch stands at $16.67 in the near term. At $17.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.31. If the price goes on to break the first support level at $16.02, it is likely to go to the next support level at $15.75. Assuming the price breaks the second support level, the third support level stands at $15.38.
Lyft Inc (NASDAQ: LYFT) Key Stats
There are currently 414,817K shares outstanding in the company with a market cap of 6.76 billion. Presently, the company’s annual sales total 4,404 M according to its annual income of -340,320 K. Last quarter, the company’s sales amounted to 1,523 M and its income totaled -12,430 K.
