Is LYFT's Cheap Valuation Reason Enough to Invest in the Stock?
Key Takeaways LYFT trades at a discount with a forward P/S of 1.22x, cheaper than Uber and DoorDash.Gross bookings rose 12% to 750M, supported by $993M in trailing 12-month cash flow.Lyft (LYFT) shares are among the cheaper ones in the Zacks Internet Services industry.The company currently has a Value Score of B. LYFT stock trades at a discount with a forward 12-month P/S of 1.22X compared with the indus ...