Yelp Inc. operates a platform that connects people with local businesses in the United States, Canada, and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others. It provides free and paid advertising products to businesses, as well as enables businesses to deliver targeted search advertising to local audiences through its Website and mobile application; and business listing products. The company's Yelp platform enables consumers to order flowers, purchase event tickets, and book spa and salon appointments. In addition, it offers Yelp Deals that allow local business owners to create promotional discounted deals for their products and services; and Gift Certificates products for local business owners to sell full-price gift certificates directly to customers through their business listing pages. Further, the company provides other services comprising Yelp Reservations that provide restaurants, nightlife, and other venues with the ability to offer online reservations directly from their Yelp business listing pages; and Yelp Nowait, a subscription-based waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as businesses to manage seating and server rotation. Its other services also include WiFi Marketing product for businesses to create on-premises WiFi access for customers and advertise products on the WiFi log-in page, as well as collect contact and social media information from customers. The company offers its products directly through its sales force; indirectly through partners; and online through its Website. Yelp Inc. was founded in 2004 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Personal services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNYSE:YELP
Previous Symbol
CUSIP98581710
Phone415-908-3801
Debt
Debt-to-Equity RatioN/A
Current Ratio13.62
Quick Ratio13.62
Price-To-Earnings
Trailing P/E Ratio503.43
Forward P/E Ratio95.24
P/E Growth5.18
Sales & Book Value
Annual Sales$846.81 million
Price / Sales3.46
Cash Flow$0.5588 per share
Price / Cash Flow63.06
Book Value$13.13 per share
Price / Book2.68
Profitability
EPS (Most Recent Fiscal Year)$0.07
Net Income$152.85 million
Net Margins18.04%
Return on Equity1.34%
Return on Assets1.22%
Miscellaneous
Employees5,323
Outstanding Shares83,080,000
Market Cap$2.98 billion
OptionableOptionable
Yelp (NYSE:YELP) Frequently Asked Questions
What is Yelp's stock symbol?
Yelp trades on the New York Stock Exchange (NYSE) under the ticker symbol "YELP."
How will Yelp's stock buyback program work?
Yelp announced that its Board of Directors has authorized a stock repurchase program on Friday, August 4th 2017, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.
How were Yelp's earnings last quarter?
Yelp Inc (NYSE:YELP) posted its earnings results on Thursday, November, 8th. The local business review company reported $0.17 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.09. The local business review company had revenue of $241.10 million for the quarter, compared to the consensus estimate of $245.55 million. Yelp had a net margin of 18.04% and a return on equity of 1.34%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.29 EPS. View Yelp's Earnings History.
When is Yelp's next earnings date?
What guidance has Yelp issued on next quarter's earnings?
Yelp updated its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $938-942 million, compared to the consensus revenue estimate of $963.02 million.Yelp also updated its Q4 2018 guidance to EPS.
What price target have analysts set for YELP?
21 Wall Street analysts have issued 1-year price targets for Yelp's stock. Their forecasts range from $29.00 to $60.00. On average, they anticipate Yelp's share price to reach $41.80 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for Yelp.
What is the consensus analysts' recommendation for Yelp?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Yelp in the last year. There are currently 1 sell rating, 11 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Yelp.
What are Wall Street analysts saying about Yelp stock?
Here are some recent quotes from research analysts about Yelp stock:
- 1. According to Zacks Investment Research, "Yelp is benefiting from rising advertisements on the platform. The company’s shift toward selling advertising plans without any fixed duration is leading to a robust increase in paying advertiser accounts. The collaboration with GrubHub is a tailwind for Yelp as it provides users with access to a significant number of restaurants available for food ordering on the platform. Besides, the company is witnessing acceleration in consumer traffic across app unique devices. Significant improvement in cumulative reviews is also encouraging. Estimates have been going up ahead of the company’s Q3 earnings release. The company has positive record of earnings surprises in recent quarters. Shares have outperformed the industry on a year-to-date basis. However, sgnificant competition from Internet giants like Google, Microsoft’s Bing and Facebook is a concern." (11/17/2018)
- 2. SunTrust Banks, Inc. analysts commented, "We’re lowering our numbers to 10% revenue growth/250bps EBITDA margin expansion, per the company’s new guidance framework, and our price target to $35 (10x 2019 FCF, vs 24% EBITDA growth). ." (11/9/2018)
Has Yelp been receiving favorable news coverage?
Media coverage about YELP stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Yelp earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned press coverage about the local business review company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future.
Who are some of Yelp's key competitors?
Some companies that are related to Yelp include Service Co. International (SCI), H & R Block (HRB), UniFirst (UNF), Regis (RGS), Care.com (CRCM), Carriage Services (CSV), StoneMor Partners (STON), Dolphin Entertainment (DLPN), Mobetize (MPAY), Yogaworks (YOGA), usell.com (USEL), AA (AA), Boyd Group Income Fund (BFGIF), Cannabis Sativa (CBDS) and CEWE Stiftung & Co KGaA (CWC).
Who are Yelp's key executives?
Yelp's management team includes the folowing people:
- Mr. Jeremy Stoppelman, Co-Founder, CEO & Director (Age 41)
- Mr. Joseph R. Nachman, Chief Operating Officer (Age 46)
- Mr. Laurence A. Wilson, Chief Admin. Officer, Gen. Counsel & Sec. (Age 46)
- Mr. Charles C. Baker, Chief Financial Officer (Age 51)
- Mr. Alan Ramsay, Chief Accounting Officer (Age 45)
Who are Yelp's major shareholders?
Yelp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.27%), Vanguard Group Inc. (8.29%), Vanguard Group Inc (8.29%), Allianz Asset Management GmbH (4.00%), Fisher Asset Management LLC (3.53%) and SQN Investors LP (2.78%). Company insiders that own Yelp stock include Alan Ramsay, Charles Baker, Geoffrey L Donaker, Jeremy Stoppelman, Joseph R Nachman, Laurence Wilson and Michael Stoppelman. View Institutional Ownership Trends for Yelp.
Which institutional investors are selling Yelp stock?
YELP stock was sold by a variety of institutional investors in the last quarter, including Soma Equity Partners LP, First Manhattan Co., Man Group plc, Sandler Capital Management, Pictet Asset Management Ltd., Tenzing Global Management LLC, Morgan Stanley and Migdal Insurance & Financial Holdings Ltd.. Company insiders that have sold Yelp company stock in the last year include Alan Ramsay, Geoffrey L Donaker, Jeremy Stoppelman and Joseph R Nachman. View Insider Buying and Selling for Yelp.
Which institutional investors are buying Yelp stock?
YELP stock was purchased by a variety of institutional investors in the last quarter, including Glenmede Trust Co. NA, BlackRock Inc., FMR LLC, Allianz Asset Management GmbH, Clearbridge Investments LLC, Global Alpha Capital Management Ltd., Apertura Capital LLC and SQN Investors LP. View Insider Buying and Selling for Yelp.
How do I buy shares of Yelp?
Shares of YELP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Yelp's stock price today?
One share of YELP stock can currently be purchased for approximately $35.24.
How big of a company is Yelp?
Yelp has a market capitalization of $2.98 billion and generates $846.81 million in revenue each year. The local business review company earns $152.85 million in net income (profit) each year or $0.07 on an earnings per share basis. Yelp employs 5,323 workers across the globe.
What is Yelp's official website?
How can I contact Yelp?
Yelp's mailing address is 140 NEW MONTGOMERY STREET 9TH FLOOR, SAN FRANCISCO CA, 94105. The local business review company can be reached via phone at 415-908-3801 or via email at [email protected]
MarketBeat Community Rating for Yelp (NYSE YELP)
MarketBeat's community ratings are surveys of what our community members think about Yelp and other stocks. Vote "Outperform" if you believe YELP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe YELP will underperform the S&P 500 over the long term. You may vote once every thirty days.
