Yelp Company Profile (NYSE:YELP)

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

Yelp announced that its board has approved a stock buyback program on Friday, August 4th 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

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

35 analysts have issued 12-month 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 $40.79 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 Autohome (ATHM), YY (YY), Just Eat PLC (JE), Trivago N.V. ADS (TRVG), Rightmove Plc (RMV), Bitauto Holdings Limited (BITA), Auto Trader Group PLC (AUTO), Yirendai (YRD), WebMD Health Corp. (WBMD), Cars.com (CARS), Moneysupermarket.Com Group PLC (MONY), TrueCar (TRUE), Shutterstock (SSTK), NIC (EGOV), Yext (YEXT), Blucora (BCOR), Liberty TripAdvisor Holdings (LTRPA) and Angie's List (ANGI).

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

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 $43.52.