Why Lyft (LYFT) is a Top Value Stock for the Long-Term

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market within a 30-day timeframe [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four main types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score identifies undervalued stocks using financial ratios, while Growth Score assesses a company's financial health and future growth potential [3][4] - Momentum Score focuses on stocks with upward or downward price trends, helping investors time their purchases effectively [5] - VGM Score combines the three styles to highlight stocks with the best overall characteristics [6] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in stock selection [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - To optimize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] Stock Highlight: Lyft (LYFT) - Lyft, founded in 2012 and publicly traded since March 2019, currently holds a Zacks Rank of 2 (Buy) and a VGM Score of A [11] - The company has a Value Style Score of B, supported by a forward P/E ratio of 13.27, indicating attractive valuation metrics [12] - Recent upward revisions in earnings estimates by analysts and a Zacks Consensus Estimate increase to $1.11 per share further enhance Lyft's investment appeal [12]