Currently, there are 406.28M common shares owned by the public and among those 375.52M shares have been available to trade.
The company’s stock has a 5-day price change of -4.91% and 3.76% over the past three months. LYFT shares are trading 0.62% year to date (YTD), with the 12-month market performance down to -3.78% lower. It has a 12-month low price of $8.93 and touched a high of $20.82 over the same period. LYFT has an average intraday trading volume of 15.08 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.31%, -15.51%, and -9.78% respectively.
Institutional ownership of Lyft Inc (NASDAQ: LYFT) shares accounts for 80.32% of the company’s 406.28M shares outstanding.
It has a market capitalization of $5.38B and a beta (3y monthly) value of 2.16. The earnings-per-share (ttm) stands at -$0.16. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.74% over the week and 4.43% over the month.
Earnings per share for the fiscal year are expected to increase by 28.93%, and 22.21% over the next financial year.
Looking at the support for the LYFT, a number of firms have released research notes about the stock. The Benchmark Company stated their Buy rating for the stock in a research note on January 06, 2025, with the firm’s price target at $20. Raymond James was of a view on September 24, 2024 that the stock is Mkt Perform, while Cantor Fitzgerald gave the stock Neutral rating on September 05, 2024, issuing a price target of $13. Nomura on their part issued Neutral rating on August 23, 2024.
