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LYFT

LyftNasdaqGS:LYFT Stock Report

Last Price

US$36.80

Market Cap

US$12.5b

7D

-10.8%

1Y

-23.0%

Updated

21 Jan, 2022

Data

Company Financials +
LYFT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LYFT Stock Overview

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.

Lyft Competitors

Uber Technologies

NYSE:UBER

US$69.7b

Avis Budget Group

NasdaqGS:CAR

US$9.9b

Hertz Global Holdings

NasdaqGS:HTZ

US$9.0b

Bird Global

NYSE:BRDS

US$1.0b

Price History & Performance

Summary of all time highs, changes and price drops for Lyft
Historical stock prices
Current Share PriceUS$36.80
52 Week HighUS$68.28
52 Week LowUS$35.80
Beta1.92
1 Month Change-13.33%
3 Month Change-23.84%
1 Year Change-23.03%
3 Year Changen/a
5 Year Changen/a
Change since IPO-53.00%

Recent News & Updates

Dec 28
Does Lyft (NASDAQ:LYFT) Have A Healthy Balance Sheet?

Does Lyft (NASDAQ:LYFT) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Dec 07

Is Lyft Stock A Buy, Sell, Or Hold During The Dip?

Lyft still trades over 40% lower than its IPO price of 2019. The company has dramatically accelerated its path to profitability and is in prime position to benefit from a pandemic recovery. Wall Street consensus estimates appear reasonable, if not conservative. I discuss whether the stock is a buy, sell, or hold.

Nov 05

Lyft Could Become COVID Rebound Winner With These Key Metrics From Q3 Earnings

Lyft appears poised to exit COVID much stronger as revenue per ride and contribution margin reach all time highs during the quarter. Key trends should improve in 2022, which should benefit Lyft’s top and bottom line. I also discuss broader macro trends that contribute to Lyft's business model.

Shareholder Returns

LYFTUS TransportationUS Market
7D-10.8%-4.8%-6.1%
1Y-23.0%6.5%4.2%

Return vs Industry: LYFT underperformed the US Transportation industry which returned 6.4% over the past year.

Return vs Market: LYFT underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is LYFT's price volatile compared to industry and market?
LYFT volatility
LYFT Average Weekly Movement7.5%
Transportation Industry Average Movement6.8%
Market Average Movement6.7%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.4%

Stable Share Price: LYFT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: LYFT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20074,369Logan Greenhttps://www.lyft.com

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips.

Lyft Fundamentals Summary

How do Lyft's earnings and revenue compare to its market cap?
LYFT fundamental statistics
Market CapUS$12.54b
Earnings (TTM)-US$1.21b
Revenue (TTM)US$2.81b

4.5x

P/S Ratio

-10.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LYFT income statement (TTM)
RevenueUS$2.81b
Cost of RevenueUS$1.89b
Gross ProfitUS$922.97m
ExpensesUS$2.13b
Earnings-US$1.21b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 08, 2022

Earnings per share (EPS)-3.55
Gross Margin32.87%
Net Profit Margin-43.05%
Debt/Equity Ratio48.0%

How did LYFT perform over the long term?

See historical performance and comparison

Valuation

Is Lyft undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LYFT ($36.8) is trading below our estimate of fair value ($120.17)

Significantly Below Fair Value: LYFT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LYFT is unprofitable, so we can't compare its PE Ratio to the US Transportation industry average.

PE vs Market: LYFT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LYFT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LYFT is overvalued based on its PB Ratio (8.4x) compared to the US Transportation industry average (2.2x).


Future Growth

How is Lyft forecast to perform in the next 1 to 3 years based on estimates from 37 analysts?

53.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LYFT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LYFT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LYFT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LYFT's revenue (18.7% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: LYFT's revenue (18.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LYFT's Return on Equity is forecast to be very high in 3 years time (113.7%).


Past Performance

How has Lyft performed over the past 5 years?

-11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LYFT is currently unprofitable.

Growing Profit Margin: LYFT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LYFT is unprofitable, and losses have increased over the past 5 years at a rate of 11.3% per year.

Accelerating Growth: Unable to compare LYFT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LYFT is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (82.5%).


Return on Equity

High ROE: LYFT has a negative Return on Equity (-81.46%), as it is currently unprofitable.


Financial Health

How is Lyft's financial position?


Financial Position Analysis

Short Term Liabilities: LYFT's short term assets ($2.9B) exceed its short term liabilities ($2.4B).

Long Term Liabilities: LYFT's short term assets ($2.9B) exceed its long term liabilities ($940.3M).


Debt to Equity History and Analysis

Debt Level: LYFT has more cash than its total debt.

Reducing Debt: Insufficient data to determine if LYFT's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LYFT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LYFT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Lyft current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LYFT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LYFT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LYFT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LYFT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LYFT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Logan Green (37 yo)

10yrs

Tenure

US$1,018,107

Compensation

Mr. Logan D. Green is a Co-Founder of Lyft Inc. and has been its Chief Executive Officer and Director since 2012. Prior to founding Zimride, Mr. Green created the first car-share program at UC Santa Barbar...


CEO Compensation Analysis

Compensation vs Market: Logan's total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD11.42M).

Compensation vs Earnings: Logan's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: LYFT's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: LYFT's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.


Top Shareholders

Company Information

Lyft, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Lyft, Inc.
  • Ticker: LYFT
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Trucking
  • Sector: Transportation
  • Implied Market Cap: US$12.539b
  • Shares outstanding: 340.73m
  • Website: https://www.lyft.com

Number of Employees


Location

  • Lyft, Inc.
  • 185 Berry Street
  • Suite 5000
  • San Francisco
  • California
  • 94107
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:51
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.