Yelp (YELP) Projected to Post Earnings on Thursday

Yelp (NYSE:YELP - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce 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 issued its quarterly earnings data on Thursday, February 13th. The local business review company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.09. Yelp had a return on equity of 18.07% and a net margin of 9.41%. The firm had revenue of $361.95 million during the quarter, compared to analyst estimates of $350.73 million. On average, analysts expect Yelp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Yelp Stock Down 0.9 %

NYSE YELP traded down $0.33 during trading hours on Tuesday, hitting $34.70. 831,846 shares of the company were exchanged, compared to its average volume of 740,486. Yelp has a 52 week low of $32.29 and a 52 week high of $41.72. The stock has a 50-day moving average price of $35.07 and a 200 day moving average price of $36.91. The stock has a market cap of $2.26 billion, a PE ratio of 18.07, a price-to-earnings-growth ratio of 0.76 and a beta of 0.99.

Insider Transactions at Yelp

In related news, insider Craig Saldanha sold 1,000 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $35.75, for a total value of $35,750.00. Following the completion of the sale, the insider now owns 211,558 shares in the company, valued at $7,563,198.50. This represents a 0.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Carmen Amara sold 1,500 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $33.16, for a total transaction of $49,740.00. Following the sale, the insider now owns 107,207 shares of the company's stock, valued at $3,554,984.12. This trade represents a 1.38 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 57,727 shares of company stock valued at $2,025,717. 7.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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

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.