Value Investing Philosophy And Lyft Inc (NASDAQ: LYFT)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Lyft Announces Pricing of Offering of $400 million of Convertible Senior Notes.

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Stocks Info

LYFT belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. The current market capitalization of Lyft Inc is $7.80B. A total of 13.84 million shares were traded on the day, compared to an average of 17.84M shares.

In the most recent transaction, Sverchek Kristin sold 10,200 shares of LYFT for 19.28 per share on Apr 01 ’24. After the transaction, the PRESIDENT now owns 70,778 company shares. In a previous transaction on Mar 21 ’24, Zimmer John Patrick sold 193,200 shares at 20.04 per share. LYFT shares that Director owns now total 932,544.

Among the insiders who sold shares, Zimmer John Patrick disposed of 36,000 shares on Mar 21 ’24 at a per-share price of $20.04. This resulted in the Director holding 0 shares of LYFT after the transaction. In another insider transaction, Sverchek Kristin sold 16,000 shares at $20.00 per share on Mar 21 ’24. Company shares held by the PRESIDENT now total 80,978.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, LYFT has a high of $20.82 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 organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 3.16.

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