LYFT Stock Price, News & Analysis (NASDAQ:LYFT)

$40.88

+0.09 (+0.22 %)

(As of 10/21/2019 04:00 PM ET)

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Today's Range

$40.57

Now: $40.88▼

$41.67

50-Day Range

$37.26

MA: $42.90▼

$48.97

52-Week Range

$37.07

Now: $40.88▼

$88.60

Volume3.02 million shs

Average Volume6.59 million shs

Market Capitalization$11.97 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders. The company also offers a network of shared bikes and scooters in various cities to address the needs of riders for shorter routes; Express Drive program, a flexible car rentals program which connects drivers who need access to a car with third-party rental car companies; and concierge for organizations to manage the transportation needs of their customers and employees. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Business services, not elsewhere classified

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:LYFT

Previous Symbol

CUSIP55087P104

CIKN/A

Webhttp://www.lyft.com/

Phone844-250-2773

Debt

Debt-to-Equity Ratio0.09

Current Ratio1.73

Quick Ratio1.73

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.16 billion

Price / Sales5.55

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees4,791

Outstanding Shares292,820,000

Market Cap$11.97 billion

Next Earnings Date10/30/2019 (Confirmed)

OptionableNot Optionable

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LYFT (NASDAQ:LYFT) Frequently Asked Questions

What is LYFT's stock symbol?

LYFT trades on the NASDAQ under the ticker symbol "LYFT."

How were LYFT's earnings last quarter?

LYFT Inc (NASDAQ:LYFT) released its earnings results on Wednesday, August, 7th. The ride-sharing company reported ($0.68) earnings per share for the quarter, topping the Zacks' consensus estimate of ($1.66) by $0.98. The ride-sharing company earned $867.30 million during the quarter, compared to the consensus estimate of $809.64 million. The business's revenue for the quarter was up 71.8% on a year-over-year basis. View LYFT's Earnings History.

When is LYFT's next earnings date?

LYFT is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for LYFT.

How can I listen to LYFT's earnings call?

LYFT will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has LYFT issued on next quarter's earnings?

LYFT updated its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $900-915 million, compared to the consensus revenue estimate of $840.92 million.

What price target have analysts set for LYFT?

36 analysts have issued 1 year price objectives for LYFT's shares. Their forecasts range from $35.00 to $96.00. On average, they expect LYFT's stock price to reach $71.15 in the next year. This suggests a possible upside of 74.0% from the stock's current price. View Analyst Price Targets for LYFT.

What is the consensus analysts' recommendation for LYFT?

36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 1 sell rating, 8 hold ratings and 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

What are Wall Street analysts saying about LYFT stock?

Here are some recent quotes from research analysts about LYFT stock:

1. According to Zacks Investment Research, "Lyft, Inc. is a ride-share company operating a transportation platform that connects passengers with drivers in the US and Canada. Their offerings include an expanded set of transportation modes, such as access to a network of shared bikes and scooters for shorter rides and first-mile and last-mile legs of multimodal trips. They have also added information about nearby public transit routes in select cities to offer riders a robust view of transportation options. Their multimodal platform enables TaaS, which they believe offers a viable alternative to car ownership. " (8/7/2019)
2. SunTrust Banks, Inc. analysts commented, "We believe Lyft is benefiting from favorable secular and demographic trends affecting the emerging TaaS market. These are driven by the ubiquity and sophistication of personal mobile devices, and the ever-advancing set of consumer preferences, applied to the massive and highly inefficient $1.2T transportation market. We believe these trends are translating into robust, sustained growth for Lyft for years to come, and in time attractive profitability, making the stock a compelling “pure play” on this emerging segment in NA. Big Differentiator. Unlike Uber (Buy), which is more diversified and global, Lyft’s focus on personal mobility-only and on North America should allow it to continue to move faster, lead the industry in innovation and service, in our view." (6/4/2019)

Has LYFT been receiving favorable news coverage?

News stories about LYFT stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LYFT earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the ride-sharing company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for LYFT.

Are investors shorting LYFT?

LYFT saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 19,920,000 shares, an increase of 18.5% from the August 30th total of 16,810,000 shares. Based on an average daily trading volume, of 6,020,000 shares, the short-interest ratio is currently 3.3 days. Currently, 10.4% of the shares of the company are sold short. View LYFT's Current Options Chain.

Who are some of LYFT's key competitors?

Some companies that are related to LYFT include Worldpay (WP), Pinduoduo (PDD), NetEase (NTES), eBay (EBAY), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), CoStar Group (CSGP), Msci (MSCI), Ctrip.Com International (CTRP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR) and The Western Union (WU).

What other stocks do shareholders of LYFT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LYFT investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Uber Technologies (UBER), Square (SQ), Micron Technology (MU), salesforce.com (CRM), Roku (ROKU), Canopy Growth (CGC) and Tesla (TSLA).

Who are LYFT's key executives?

LYFT's management team includes the folowing people:

Mr. Logan D. Green, Co-Founder, CEO & Director (Age 35)
Mr. John Patrick Zimmer, Co-Founder, Pres & Vice Chairman (Age 34)
Mr. Brian Keith Roberts, Chief Financial Officer (Age 50)
Mr. Jonathan McNeill, Chief Operating Officer (Age 51)
Ms. Kristina Omari, VP of Corp. Devel. & Investor Relations

When did LYFT IPO?

(LYFT) raised $2 billion in an initial public offering (IPO) on Friday, March 29th 2019. The company issued 30,800,000 shares at $62.00-$68.00 per share. J.P. Morgan, Credit Suisse, Jefferies, UBS Securities, Stifel, Nicolaus, RBC Capital Markets and KeyBanc Capital Markets served as the underwriters for the IPO and Cowen, Raymond James, Canaccord Genuity, Evercore ISI, Piper Jaffray, JMP Securities, Wells Fargo Securities, KKR, Academy Securities, Blaylock Van, Penserra, Siebert Cisneros, The Williams Capital Group, CastleOak Securities, C.L. King & Associates, Drexel Hamilton, Great Pacific Securities, Loop Capital Markets, Mischler Financial Group, Samuel A. Ramirez, R. Seelaus and Tigress Financial Partners were co-managers.

When did LYFT's lock-up period expire?

LYFT's lock-up period expired on Wednesday, September 25th. LYFT had issued 32,500,000 shares in its initial public offering on March 29th. The total size of the offering was $2,340,000,000 based on an initial share price of $72.00. Since the end of LYFT's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are LYFT's major shareholders?

LYFT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Calamos Advisors LLC (0.05%), Commerzbank Aktiengesellschaft FI (0.03%), Gateway Investment Advisers LLC (0.02%), Sumitomo Mitsui DS Asset Management Company Ltd (0.01%), Envestnet Asset Management Inc. (0.01%) and Surevest Inc. (0.01%). Company insiders that own LYFT stock include Kristin Sverchek, R Ann Miura-Ko and Ran I Makavy. View Institutional Ownership Trends for LYFT.

Which institutional investors are selling LYFT stock?

LYFT stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui DS Asset Management Company Ltd. Company insiders that have sold LYFT company stock in the last year include Kristin Sverchek and Ran I Makavy. View Insider Buying and Selling for LYFT.

Which institutional investors are buying LYFT stock?

LYFT stock was bought by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Gateway Investment Advisers LLC, Commerzbank Aktiengesellschaft FI, Osborn Williams & Donohoe LLC, Park Avenue Securities LLC, Enlightenment Research LLC, Foundations Investment Advisors LLC and Intellectus Partners LLC. View Insider Buying and Selling for LYFT.

How do I buy shares of LYFT?

Shares of LYFT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is LYFT's stock price today?

One share of LYFT stock can currently be purchased for approximately $40.88.

How big of a company is LYFT?

LYFT has a market capitalization of $11.97 billion and generates $2.16 billion in revenue each year. LYFT employs 4,791 workers across the globe.View Additional Information About LYFT.

What is LYFT's official website?

The official website for LYFT is http://www.lyft.com/.

How can I contact LYFT?

LYFT's mailing address is 185 BERRY STREET SUITE 5000, SAN FRANCISCO CA, 94107. The ride-sharing company can be reached via phone at 844-250-2773 or via email at [email protected]

MarketBeat Community Rating for LYFT (NASDAQ LYFT)

Community Ranking:		2.8 out of 5 ( )
Outperform Votes:		82 (Vote Outperform)
Underperform Votes:		62 (Vote Underperform)
Total Votes:		144

MarketBeat's community ratings are surveys of what our community members think about LYFT and other stocks. Vote "Outperform" if you believe LYFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LYFT will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 10/21/2019 by MarketBeat.com Staff

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