Yelp (YELP) to Release Earnings on Thursday

Yelp (NYSE:YELP - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect Yelp to post earnings of $0.31 per share and revenue of $353.48 million for the quarter. Yelp has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Yelp (NYSE:YELP - Get Free Report) last posted its earnings results on Thursday, February 13th. The local business review company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.09. The company had revenue of $361.95 million for the quarter, compared to analyst estimates of $350.73 million. Yelp had a net margin of 9.41% and a return on equity of 18.07%. On average, analysts expect Yelp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Yelp Price Performance

Shares of YELP stock traded up $0.12 during trading on Friday, hitting $35.28. 516,668 shares of the stock traded hands, compared to its average volume of 739,418. Yelp has a 52-week low of $32.29 and a 52-week high of $41.72. The firm has a market capitalization of $2.29 billion, a P/E ratio of 18.38, a price-to-earnings-growth ratio of 0.76 and a beta of 1.08. The firm's fifty day moving average price is $35.04 and its 200-day moving average price is $36.91.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on YELP shares. JPMorgan Chase & Co. lowered their price target on Yelp from $36.00 to $35.00 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. Morgan Stanley reduced their price target on shares of Yelp from $35.00 to $30.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $36.33.

Insider Buying and Selling

In other news, insider Carmen Amara sold 1,500 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $33.16, for a total transaction of $49,740.00. Following the completion of the sale, the insider now owns 107,207 shares in the company, valued at approximately $3,554,984.12. The trade was a 1.38 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Craig Saldanha sold 1,000 shares of the stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $34.45, for a total transaction of $34,450.00. Following the completion of the transaction, the insider now directly owns 222,512 shares in the company, valued at $7,665,538.40. This trade represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 57,727 shares of company stock worth $2,025,717. Corporate insiders own 7.40% of the company's stock.

Yelp Company Profile

Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.