LYFT Inc. (LYFT:NSD) Analysts rate with a Strong Buy, $41 target

STA Research
by: STA Research

Based on the LYFT stock forecast from 23 analysts, the average analyst LYFT stock price target is USD 40.97 over the next 12 months. LYFT Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own LYFT stock forecast is Slightly Bearish, which is based on 3 positive signals and 7 negative signals. At the last closing, LYFT stock price was USD 17.39LYFT stock price has changed by +3.51% over the past week, +3.91% over the past month and -66.83% over the last year.

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. The company also integrates third-party public transit data into the Lyft app to offer riders various transportation options. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

 

What we like:

High market capitalization:

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to earnings:

LYFT stock price is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Revenue Growth:

LYFT stock forecast has shown top quartile revenue growth in the previous 5 years compared to its sector.

 

What we don’t like:

Poor risk adjusted returns:

LYFT stock forecast has shown that the company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

High volatility:

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns:

LYFT stock forecast has shown that the company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value:

LYFT stock price is trading high compared to its peers median on a price to book value basis.

Negative cashflow:

LYFT stock forecast had negative total cash flow in the most recent four quarters.

Negative free cash flow:

LYFT stock forecast had negative total free cash flow in the most recent four quarters.

Low Earnings Growth:

LYFT stock price has shown below median earnings growth in the previous 5 years compared to its sector

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