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Lyft, Inc. (LYFT)

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13.30 +0.04 (+0.30%)
At close: October 15 at 4:00 PM EDT
13.37 +0.07 (+0.53%)
Pre-Market: 9:14 AM EDT
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DELL
  • Previous Close 13.26
  • Open 13.25
  • Bid 13.24 x 1500
  • Ask 13.34 x 3600
  • Day's Range 12.94 - 13.48
  • 52 Week Range 8.85 - 20.82
  • Volume 11,231,573
  • Avg. Volume 14,058,762
  • Market Cap (intraday) 5.467B
  • Beta (5Y Monthly) 2.05
  • PE Ratio (TTM) --
  • EPS (TTM) -0.15
  • Earnings Date Nov 6, 2024 - Nov 11, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 14.97

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company's platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. It also offers centralized tools and enterprise transportation solutions, such as concierge transportation solutions for organizations; Lyft Pink subscription plans; Lyft Pass commuter programs; first-mile and last-mile services; and university safe rides programs. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

www.lyft.com

2,945

Full Time Employees

December 31

Fiscal Year Ends

Recent News: LYFT

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Related Videos: LYFT

It's going to be 'very tough' for Lyft to catch Uber. Here's why.

On today's installment of Good Buy or Goodbye, host Julie Hyman is joined by BD8 Capital Partners, LLC, CEO and CIO Barbara Doran to discuss her investment outlook in the rideshare space. Doran recommends Uber (UBER) as a stock to buy, emphasizing its dominant market position and diversified business model. She notes, "they are just growing their share" over rival Lyft (LYFT). Furthermore, Doran points out that Tesla's (TSLA) Cybercab unveil at its Robotaxi Day event suggests competition for autonomous driving isn't an imminent threat, as it will be "hard for them to catch up." She also highlights Uber's strong financial position, citing profitability, free cash flow of $1.7 billion, and a $7 billion share buyback authorization. The primary risk she identifies is a potential slowdown in consumer spending. On the other hand, Doran advises avoiding Lyft stock. She notes the company's lower profitability and significantly smaller scale compared to Uber, stating it's "going to be very tough" for Lyft to achieve Uber's current market status. Additionally, she points out Lyft's high debt-to-equity ratio, resulting in a weak balance sheet. Lyft stock also consistently underperforms its main competitor, Uber. However, Doran acknowledges one positive aspect: Lyft's new management team, which could drive continued improvement. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Editor's note: This post has been updated to remove specific statistics on market share.

Performance Overview: LYFT

Trailing total returns as of 10/15/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LYFT
11.27%
S&P 500
21.92%

1-Year Return

LYFT
32.08%
S&P 500
34.37%

3-Year Return

LYFT
73.67%
S&P 500
31.03%

5-Year Return

LYFT
66.58%
S&P 500
96.05%

Compare To: LYFT

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: LYFT

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Valuation Measures

Annual
As of 10/15/2024
  • Market Cap

    5.46B

  • Enterprise Value

    4.82B

  • Trailing P/E

    --

  • Forward P/E

    17.99

  • PEG Ratio (5yr expected)

    1.87

  • Price/Sales (ttm)

    1.04

  • Price/Book (mrq)

    9.44

  • Enterprise Value/Revenue

    0.95

  • Enterprise Value/EBITDA

    46.75

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -1.27%

  • Return on Assets (ttm)

    -2.52%

  • Return on Equity (ttm)

    -13.46%

  • Revenue (ttm)

    5.1B

  • Net Income Avi to Common (ttm)

    -64.93M

  • Diluted EPS (ttm)

    -0.15

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.8B

  • Total Debt/Equity (mrq)

    218.12%

  • Levered Free Cash Flow (ttm)

    346.34M

Research Analysis: LYFT

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 1.44B
Earnings 5.01M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

10.00 Low
14.97 Average
13.30 Current
26.00 High
 

Company Insights: LYFT

Research Reports: LYFT

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  • The Argus Mid-Cap Model Portfolio

    Small- and mid-cap stocks (SMID), despite bursts of outperformance, have underperformed large-caps year to date - as they have over the past five years. But they may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from unrest in the Middle East, the Russian invasion of Ukraine, issues in China, or other geopolitical developments. As well, the prices of SMID stocks generally are lower than the prices of large-caps. SMID stocks can be risky, but despite those risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record. We estimate that 20% of the U.S. stock market's capitalization is comprised of SMID stocks.

     
  • Lyft Earnings: After Uber's Lift-Off Yesterday, Lyft's Results Weren't as Inspiring

    Lyft is the second-largest ride-sharing service provider in the US and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.

    Rating
    Price Target
     
  • Daily – Vickers Top Buyers & Sellers for 08/14/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Recent weakness a buying opportunity

    Lyft Inc., founded in San Francisco in 2007, operates a peer-to-peer marketplace for on-demand ridesharing. Lyft was originally founded as Zimride, but reincorporated as Lyft in 2012. The company's app for smartphones enables consumers to contact drivers, arrange a meeting point, and get to their destination in a cash-free transaction. The company focuses on the U.S. market and has a presence in 645 U.S. cities. Along with ridesharing, Lyft operates a fleet of scooters and bikes. The company completed its IPO on March 28, 2019 at $72 per share.

    Rating
    Price Target
     

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