Yelp Company Profile (NYSE:YELP)

Yelp trades on the New York Stock Exchange (NYSE) under the ticker symbol "YELP."

Yelp declared that its Board of Directors has approved a share repurchase plan on Friday, August 4th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 7.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Yelp Inc. (NYSE:YELP) released its quarterly earnings results on Thursday, August, 3rd. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.12. The firm had revenue of $209.90 million for the quarter, compared to analysts' expectations of $204.89 million. Yelp had a return on equity of 1.60% and a net margin of 1.67%. Yelp's revenue for the quarter was up 21.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.16 earnings per share. View Yelp's Earnings History.

Yelp is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Yelp.

34 brokerages have issued 1 year price targets for Yelp's shares. Their forecasts range from $22.00 to $54.00. On average, they expect Yelp's stock price to reach $38.62 in the next twelve months. View Analyst Ratings for Yelp.

Here are some recent quotes from research analysts about Yelp stock:

• 1. According to Zacks Investment Research, "Yelp, Inc. is a website engaged in providing information through online community offering social networking. It covers restaurants, shopping, nightlife, financial services, health and a variety of services. The company serves customers in the United States, Canada, the United Kingdom, Ireland, France, Germany, Austria, the Netherlands, Spain, Italy, Switzerland and Belgium. Yelp, Inc. is headquartered in San Francisco, California. " (8/8/2017)
• 2. Maxim Group analysts commented, "Sales for the quarter were relatively inline with expectations and came in near the middle of management’s guidance range." (5/10/2017)
• 3. Cantor Fitzgerald analysts commented, "1Q17 estimates virtually inline with consensus/guidance." (5/5/2017)
• 4. Wells Fargo & Company analysts commented, "We recently published a deep-dive report on Yelp’s RAQ feature, laying out a monetization framework for a dynamic cost-per-lead model–the design we believe could be the ultimate path for RAQ compared to current monetization which features an extension of Yelp’s click-based ad programs (YELP: Request A Quote–We See Limited Upside; 3/2/17 see: Link). On the call, we expect mgmt to provide an update on RAQ monetization, though we don’t expect details regarding the final go-to-market model until later in the year." (5/5/2017)
• 5. Royal Bank Of Canada analysts commented, "Yelp today announced it had acquired Nowait, a mobile platform and seating tool that allows restaurants to manage their waitlists, for $40MM in cash. We view the deal as a slight incremental positive and as somewhat expected following the two companies' strategic partnership announced in Q2:16. Reiterate Outperform and $49 PT...Though the deal is largely immaterial from a financial perspective (no updated guidance), we believe it makes strategic sense and is an incremental positive. Furthermore, we believe it was somewhat expected given the strategic partnership before Yelp already had with Nowait and Yelp's prior $8MM investment. We view this as part of Yelp's overall move into creating more transactions opportunities on their platform, creating value for consumers and small businesses." (3/1/2017)

Some companies that are related to Yelp include Just Eat PLC (JE), YY (YY), Rightmove Plc (RMV), Auto Trader Group PLC (AUTO), Bitauto Holdings Limited (BITA), Yirendai (YRD), Trivago N.V. ADS (TRVG), WebMD Health Corp (WBMD), Moneysupermarket.Com Group PLC (MONY), TrueCar (TRUE), Yext (YEXT), Shutterstock (SSTK), NIC (EGOV), Blucora (BCOR), Liberty TripAdvisor Holdings (LTRPA), Angie's List (ANGI), Tucows (TCX) and Gocompare.Com Group PLC (GOCO).

Yelp's management team includes the folowing people:

• Jeremy Stoppelman, CEO and Director
• Geoff Donaker, COO and Director
• Max R. Levchin, Chairman
• Diane M. Irvine, Independent Chairman of the Board
• Jeremy Stoppelman, Chief Executive Officer, Co-Founder, Director
• Charles C. Baker, Chief Financial Officer
• Joseph R. Nachman, Chief Operating Officer
• Laurence Wilson, Senior Vice President - Legal and User Operations, General Counsel, Secretary
• Alan Ramsay, Chief Accounting Officer
• Geoff L. Donaker, Director

Yelp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.37%), BlackRock Inc. (6.49%), Prescott General Partners LLC (4.71%), Sumitomo Mitsui Asset Management Company LTD (3.87%), Fisher Asset Management LLC (3.05%) and Southpoint Capital Advisors LP (2.69%). Company insiders that own Yelp stock include Alan Ramsay, Charles Baker, Diane M Irvine, Geoffrey L Donaker, Jeremy Stoppelman, Joseph R Nachman, Laurence Wilson, Michael Stoppelman and Robert J Krolik. View Institutional Ownership Trends for Yelp.

Yelp's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Macquarie Group Ltd., UBS Oconnor LLC, New York State Common Retirement Fund, Federated Investors Inc. PA, Ameriprise Financial Inc., Canada Pension Plan Investment Board and Pacad Investment Ltd.. Company insiders that have sold Yelp stock in the last year include Alan Ramsay, Charles Baker, Geoffrey L Donaker, Jeremy Stoppelman, Joseph R Nachman, Laurence Wilson and Michael Stoppelman. View Insider Buying and Selling for Yelp.

Yelp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Southpoint Capital Advisors LP, Fisher Asset Management LLC, First Trust Advisors LP, Sumitomo Mitsui Asset Management Company LTD, Dorsey Asset Management LLC, Prescott General Partners LLC and SQN Investors LP. View Insider Buying and Selling for Yelp.

Shares of Yelp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Yelp stock can currently be purchased for approximately $43.85.