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What Lyft (LYFT) Investors Need to Know Today

Mid-cap trade & services company Lyft has moved -36.10% this afternoon, reaching $16.22 per share. In contrast, the average analyst target price for the stock is $22.05.

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. Before considering an investment in Lyft, make sure to consider the following:

  • Based on its trailing earning per share of -2.29, Lyft has a trailing 12 month Price to Earnings (P/E) ratio of -7.08

  • LYFT has a forward P/E ratio of 28.74.

  • Its Price to Book (P/B) ratio is 5.61

  • The company's cash flow as of the last year was $458,247,000.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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