NYSE:YELPYelp Stock Price, Forecast & News

$27.06

+3.72 (+15.94 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$24.65

Now: $27.06▼

$27.43

50-Day Range

$18.34

MA: $21.21▼

$24.43

52-Week Range

$12.89

Now: $27.06▼

$39.37

Volume2.55 million shs

Average Volume1.31 million shs

Market Capitalization$1.95 billion

P/E Ratio84.57

Dividend YieldN/A

Beta1.49

Yelp Inc. operates a platform that connects consumers 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 Waitlist, 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 Yelp 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, as well as non-advertising partner arrangements. Yelp Inc. was founded in 2004 and is headquartered in San Francisco, California.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Yelp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 11 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.47, Yelp has a potential upside of 1.5% from its current price of $27.06.
Amount of Analyst Coverage
Yelp has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Yelp has received 1,290 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Yelp has received 1,126 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Yelp has received 53.39% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Yelp does not currently pay a dividend.
Dividend Growth
Yelp does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Yelp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $215,751.00 in company stock.
Percentage Held by Insiders
Only 9.50% of the stock of Yelp is held by insiders.
Percentage Held by Institutions
91.75% of the stock of Yelp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Yelp are expected to grow in the coming year, from ($0.81) to $0.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Yelp is 84.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Yelp is 84.57, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 51.09.
Price to Book Value per Share Ratio
Yelp has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.27 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Personal services

Sub-IndustryInternet Software & Services

SectorComputer and Technology

Current SymbolNYSE:YELP

Previous Symbol

CUSIP98581710

CIK1345016

Webwww.yelp.com

Phone415-908-3801

Debt

Debt-to-Equity Ratio0.23

Current Ratio4.23

Quick Ratio4.23

Price-To-Earnings

Trailing P/E Ratio84.57

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.01 billion

Price / Sales1.92

Cash Flow$1.47 per share

Price / Cash Flow18.41

Book Value$10.61 per share

Price / Book2.55

Profitability

EPS (Most Recent Fiscal Year)$0.52

Net Income$40.88 million

Net Margins2.34%

Return on Equity3.24%

Return on Assets2.25%

Miscellaneous

Employees5,950

Outstanding Shares71,890,000

Market Cap$1.95 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Yelp (NYSE:YELP) Frequently Asked Questions

How has Yelp's stock been impacted by COVID-19 (Coronavirus)?

Yelp's stock was trading at $24.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, YELP stock has increased by 12.8% and is now trading at $27.06. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Yelp?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Yelp in the last year. There are currently 3 sell ratings, 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Yelp.

When is Yelp's next earnings date?

Yelp is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Yelp.

How were Yelp's earnings last quarter?

Yelp Inc (NYSE:YELP) issued its earnings results on Thursday, May, 7th. The local business review company reported ($0.22) EPS for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.13. The local business review company had revenue of $249 million for the quarter, compared to analyst estimates of $226.38 million. Yelp had a return on equity of 3.24% and a net margin of 2.34%. Yelp's revenue was up 5.6% compared to the same quarter last year. During the same period last year, the company earned $0.02 earnings per share. View Yelp's earnings history.

What price target have analysts set for YELP?

17 Wall Street analysts have issued twelve-month target prices for Yelp's stock. Their forecasts range from $15.00 to $45.00. On average, they expect Yelp's share price to reach $27.47 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price. View analysts' price targets 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 fourth quarter results benefited from increasing Paying advertising locations. Moreover, the company’s focus on expanding its product portfolio with the launch of Verified License, Business Highlights and Yelp Portfolios is a key driver. The collaboration with GrubHub is also a tailwind 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 encouraging too. However, competition from search giants like Google and Bing is a concern. Lack of revenue diversification is also a key threat for Yelp." (2/19/2020)
2. Stifel Nicolaus analysts commented, "We remain cautious on the intermediate-term outlook due to competitive dynamics in local advertising and execution risk, but note Yelp’s improving revenue retention / reacceleration of advertiser count are encouraging data points. Additionally, the company announced CFO Lanny Baker would be stepping down in September. We remain Target Price." (8/9/2019)

Has Yelp been receiving favorable news coverage?

News headlines about YELP stock have trended negative on Saturday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Yelp earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the local business review company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the next few days. View the latest news aboutYelp.

Are investors shorting Yelp?

Yelp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,860,000 shares, an increase of 12.1% from the April 30th total of 10,580,000 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is presently 7.6 days. Approximately 17.4% of the company's stock are sold short. View Yelp's Current Options Chain.

Who are some of Yelp's key competitors?

Some companies that are related to Yelp include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), Twitter (TWTR), CoStar Group (CSGP), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), J2 Global (JCOM), Stamps.com (STMP), Cornerstone OnDemand (CSOD) and SPS Commerce (SPSC). View all competitors.

What other stocks do shareholders of Yelp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Yelp investors own include Puma Biotechnology (PBYI), Netflix (NFLX), Twitter (TWTR), Tesla (TSLA), First Solar (FSLR), Bank of America (BAC), BioMarin Pharmaceutical (BMRN), Incyte (INCY), Medivation (MDVN) and NVIDIA (NVDA).

Who are Yelp's key executives?

Yelp's management team includes the following people:

Mr. Jeremy Stoppelman, Co-Founder, CEO & Director (Age 42)
Mr. Charles C. Baker, Chief Financial Officer (Age 52)
Mr. Joseph R. Nachman, Chief Operating Officer (Age 47)
Mr. Alan Ramsay, Chief Accounting Officer (Age 50)
Mr. Laurence A. Wilson, Chief Admin. Officer, Gen. Counsel & Sec. (Age 47)

What is Yelp's stock symbol?

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

Who are Yelp's major shareholders?

Yelp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.65%), Prescott General Partners LLC (7.87%), Fisher Asset Management LLC (3.69%), State Street Corp (3.03%), Tenzing Global Management LLC (1.74%) and Geode Capital Management LLC (1.51%). Company insiders that own Yelp stock include Alan Ramsay, Geoffrey L Donaker, Jeremy Stoppelman, Joseph R Nachman, Laurence Wilson and Vivek Patel. View institutional ownership trends for Yelp.

Which major investors are selling Yelp stock?

YELP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Franklin Resources Inc., Douglas Lane & Associates LLC, Two Sigma Investments LP, Clearbridge Investments LLC, NorthCoast Asset Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, and Fisher Asset Management LLC. Company insiders that have sold Yelp company stock in the last year include Joseph R Nachman, Laurence Wilson, and Vivek Patel. View insider buying and selling activity for Yelp.

Which major investors are buying Yelp stock?

YELP stock was bought by a variety of institutional investors in the last quarter, including Prescott General Partners LLC, Tenzing Global Management LLC, Morgan Stanley, Morgan Stanley, AQR Capital Management LLC, Russell Investments Group Ltd., Pictet Asset Management Ltd., and KBC Group NV. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Yelp's stock price today?

One share of YELP stock can currently be purchased for approximately $27.06.

How big of a company is Yelp?

Yelp has a market capitalization of $1.95 billion and generates $1.01 billion in revenue each year. The local business review company earns $40.88 million in net income (profit) each year or $0.52 on an earnings per share basis. Yelp employs 5,950 workers across the globe.

What is Yelp's official website?

The official website for Yelp is www.yelp.com.

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff