| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
LYFT Stock Overview
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.
Lyft Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.80 |
| 52 Week High | US$68.28 |
| 52 Week Low | US$35.80 |
| Beta | 1.92 |
| 1 Month Change | -13.33% |
| 3 Month Change | -23.84% |
| 1 Year Change | -23.03% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -53.00% |
Recent News & Updates
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...
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.
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
| LYFT | US Transportation | US 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
| LYFT volatility | |
|---|---|
| LYFT Average Weekly Movement | 7.5% |
| Transportation Industry Average Movement | 6.8% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 4,369 | Logan Green | https://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
| LYFT fundamental statistics | |
|---|---|
| Market Cap | US$12.54b |
| Earnings (TTM) | -US$1.21b |
| Revenue (TTM) | US$2.81b |
4.5x
P/S Ratio-10.4x
P/E RatioIs LYFT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LYFT income statement (TTM) | |
|---|---|
| Revenue | US$2.81b |
| Cost of Revenue | US$1.89b |
| Gross Profit | US$922.97m |
| Expenses | US$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 Margin | 32.87% |
| Net Profit Margin | -43.05% |
| Debt/Equity Ratio | 48.0% |
How did LYFT perform over the long term?
See historical performance and comparisonValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:51 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.