For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Lyft, based in San Francisco, CA, was founded in 2012. The company, however, made its trading debut on the Nasdaq in March 2019. Its IPO price was $72 a share. Lyft completed its IPO on Apr 2, 2019. During the process, the company sold 32,500,000 shares of Class A common stock. On Apr 9, 2019, Lyft sold 2,996,845 more shares of Class A common stock at $72 per share.
LYFT sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Internet - Services industry's P/E of 21.5X, shares of Lyft are trading at a forward P/E of 11.6X. LYFT also has a PEG Ratio of 0.4, a Price/Cash Flow ratio of 47.8X, and a Price/Sales ratio of 0.9X.
Many value investors pay close attention to a company's earnings as well. For LYFT, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $1.07 per share for 2025. Per share LYFT boasts an average earnings surprise of 42.1%.
LYFT should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Lyft, Inc. (LYFT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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