After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Lyft Announces Pricing of Offering of $400 million of Convertible Senior Notes.
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Stocks Info
The company is listed on the NASDAQ and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $17.08 and fluctuated between $17.63 as its day high and $16.90 as its day low. The current market capitalization of Lyft Inc is $6.83B. A total of 20.01 million shares were traded on the day, compared to an average of 18.44M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LYFT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 30 BUYs and 16 SELLs from insiders. Insiders purchased 15,413,562 shares during that period but sold 206,363.
In the most recent transaction, Green Logan sold 11,867 shares of LYFT for 15.69 per share on Feb 29. After the transaction, the Director now owns 346,341 company shares. In a previous transaction on Feb 29, Zimmer John Patrick sold 3,327 shares at 15.69 per share. LYFT shares that Director owns now total 1,125,744.
Among the insiders who sold shares, BLACKWOOD-KAPRAL LISA disposed of 18,065 shares on Feb 26 at a per-share price of $16.06. This resulted in the CHIEF ACCOUNTING OFFICER holding 255,817 shares of LYFT after the transaction. In another insider transaction, Zimmer John Patrick sold 15,724 shares at $17.51 per share on Feb 20. Company shares held by the Director now total 1,204,071.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, LYFT has a high of $19.42 and a low of $7.85.
As of this writing, LYFT has an earnings estimate of $0.02 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.15 per share and a lower estimate of -$0.88. The company reported an EPS of $0.24 in the last quarter, which was 84.60% higher than expectations of $0.13.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LYFT’s latest balance sheet shows that the firm has $2.25B in Cash & Short Term Investments as of fiscal 2021. There were $975.43M in debt and $2.52B in liabilities at the time. Its Book Value Per Share was $1.35, while its Total Shareholder’s Equity was $1.34B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LYFT is Buy with a score of 3.13.
