Lyft, Inc. (NASDAQ:LYFT) went down by -0.81% from its latest closing price when compared to the 1-year high value of $54.50 and move down -85.19%, while LYFT stocks collected 1.45% of gains with the last five trading sessions. Barron's reported on 08/28/20 that ‘Regulatory Headaches’ Aren’t Going Away for Uber and Lyft Any Time Soon
Lyft, Inc. (NASDAQ:LYFT) Worth an Investment?
Lyft, Inc. (NASDAQ:LYFT) 24 of the analysts out of 41 who provided ratings for Lyft, Inc. stocks as a “buy” while 1 as overweight, 14 rated it as hold and 2 as sell. The average price we get from analysts is $40.24 which is $11.37 above current price. LYFT currently has a short float of 9.77% and public float of 243.73M with average trading volume of 9.30M shares.
LYFT Market Performance
LYFT stocks went up by 1.45% for the week, with the monthly jump of 1.17% and a quarterly performance of -14.55%, while its annual performance rate touched -35.20%. The simple moving average for the period of the last 20 days is -0.76% for LYFT stocks with the simple moving average of -18.51% for the last 200 days.
Analysts’ Opinion on Lyft, Inc. (NASDAQ:LYFT)
Many brokerage firms have already submitted their reports for LYFT stocks, with Raymond James repeating the rating for LYFT shares by setting it to “Mkt Perform”. The predicted price for LYFT socks in the upcoming period according to Raymond James is $55 based on the research report published on July 22, 2020.
Northcoast, on the other hand, stated in their research note that they expect to see LYFT stock at the price of $55. The rating they have provided for LYFT stocks is “Neutral” according to the report published on July 14, 2020.
BTIG Research gave “Buy” rating to LYFT stocks, setting the target price at $55 in the report published on June 11, 2020.
LYFT Stocks -3.51% Far from 50 Day Moving Average
After a stumble in the market that brought LYFT to its low price for the period of the last 52 weeks, Lyft, Inc. was unable to take a rebound, for now settling with -46.00% of loss for the given period.
The stock volatility was left at 5.08%, however, within the period of a single month, the volatility rate increased by 3.57%, while the shares sank at the distance of -3.51% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -14.07% lower at the present time.
In the course of the last 5 trading sessions, LYFT went up by +1.45%, which changed the moving average for the period of 200 days to the total of -29.79% of losses for the stock in comparison to the 20-day moving average settled at $29.60. In addition, Lyft, Inc. saw -31.59% in overturn over the period of a single year with a tendency to cut further losses.
LYFT Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Lyft, Inc. (LYFT), starting from Sverchek Kristin, who sold 10,000 shares at the price of $30.01 back on Aug 28. After this action, Rushing now owns 196,462 shares of Lyft, Inc., valued at $300,146 with the latest closing price.
Sverchek Kristin, the General Counsel and Secretary of Lyft, Inc., sold 10,000 shares at the value of $29.37 during a trade that took place back on Aug 26, which means that Sverchek Kristin is holding 196,462 shares at the value of $293,651 based on the most recent closing price.
LYFT Stock Fundamentals
The current profitability levels are settled at -74.74 for the present operating margin and +22.22 for gross margin. The net margin for Lyft, Inc. stands at -71.97. Total capital return value is set at -96.33, while invested capital returns managed to touch -94.34. Equity return holds the value -61.60%, with -29.80% for asset returns.
Based on Lyft, Inc. (LYFT), the company’s capital structure generated 16.69 points for debt to equity in total, while total debt to capital is set at the value of 14.30.