In Monday’s Wall Street session, Lyft Inc (NASDAQ:LYFT) shares traded at $17.21, up 3.36% from the previous session.
LYFT stock price is now 43.01% away from the 50-day moving average and 31.24% away from the 200-day moving average. The market capitalization of the company currently stands at $7.24B.
With the price target maintained at $20, Goldman recently Upgraded its rating from Neutral to Buy for Lyft Inc (NASDAQ: LYFT). On April 16, 2025, Oppenheimer recently initiated its ‘Outperform’ rating on the stock quoting a target price of $15, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Llewellyn Lindsay Catherine, CHIEF LEGAL OFFICER, SECRETARY sold 22,736 shares of the company’s stock on May 01 ’25. The stock was sold for $283,170 at an average price of $12.45. Upon completion of the transaction, the CHIEF LEGAL OFFICER, SECRETARY now directly owns 959,697 shares in the company, valued at $16.52 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 01 ’25, Officer Llewellyn Lindsay Catherine bought 22,736 shares of the business’s stock. A total of $283,170 was incurred on buying the stock at an average price of $12.45. A total of 9.39% of the company’s stock is owned by insiders.
During the past 12 months, Lyft Inc has had a low of $8.93 and a high of $19.07. As of last week, the company has a debt-to-equity ratio of 1.47, a current ratio of 0.77, and a quick ratio of 0.77.
The net profit margin was 0.95% and return on equity was 8.56% for LYFT. The company reported revenue of $1.45 billion for the quarter, compared to $1.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.54 percent.
