Yelp (YELP) Stock Price, News & Analysis

Company Overview

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. It provides free and paid advertising products to businesses, which include cost-per-click advertising and multi-location Ad products, as well as enables businesses to deliver targeted advertising to large and high-intent audience; and business listing page products. The company also offers other services comprising Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife and certain other venues, which include online reservations, a waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as through hostless kiosks, and seating and server rotation management tools; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free access to various basic information through publicly available APIs, and paid access to content and data for consumer-facing enterprise use. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was incorporated in 2004 and is based in San Francisco, California.

Key Stats

• Today's Range: $35.70 to $36.11
• 50-Day Range: $33.38 to $38.21
• 52-Week Range: $32.56 to $48.99
• Volume: 770,892 shs
• Average Volume: 805,912 shs
• Market Capitalization: $2.36 billion
• P/E Ratio: 21.46
• Dividend Yield: N/A
• Price Target: $37.00
• Consensus Rating: Reduce

Yelp Stock Analysis - MarketRank™

Yelp scored higher than 79% of companies evaluated by MarketBeat, and ranked 198th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Yelp has received a consensus rating of Reduce. The company's average rating score is 1.89, and is based on 1 buy rating, 6 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Yelp has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 26.59%

Earnings Growth

Earnings for Yelp are expected to grow by 26.59% in the coming year, from $1.73 to $2.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Yelp is 21.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Yelp is 21.46, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.40.

Price to Earnings Growth Ratio

Yelp has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Yelp has a P/B Ratio of 3.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.16% of the float of Yelp has been sold short.

Short Interest Ratio / Days to Cover

Yelp has a short interest ratio ("days to cover") of 6.7.

Change versus previous month

Short interest in Yelp has recently increased by 1.09%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Yelp does not currently pay a dividend.

Dividend Growth

Yelp does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.60

Percentage of Shares Shorted

7.16% of the float of Yelp has been sold short.

Short Interest Ratio / Days to Cover

Yelp has a short interest ratio ("days to cover") of 6.7.

Change versus previous month

Short interest in Yelp has recently increased by 1.09%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.88

News Sentiment

Yelp has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Yelp this week, compared to 19 articles on an average week.

Search Interest

8 people have searched for YELP on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.

MarketBeat Follows

1 people have added Yelp to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $1,105,937.00 in company stock.

Percentage Held by Insiders

Only 7.40% of the stock of Yelp is held by insiders.

Percentage Held by Institutions

90.11% of the stock of Yelp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

YELP Stock Analysis - Frequently Asked Questions

How have YELP shares performed this year?

Yelp's stock was trading at $47.34 on January 1st, 2024. Since then, YELP shares have decreased by 24.3% and is now trading at $35.84.
View the best growth stocks for 2024 here.

How were Yelp's earnings last quarter?

Yelp Inc. (NYSE:YELP) posted its quarterly earnings data on Thursday, August, 8th. The local business review company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.27 by $0.27. The company's revenue for the quarter was up 5.9% compared to the same quarter last year.

Who are Yelp's major shareholders?

Top institutional investors of Yelp include Pacer Advisors Inc. (4.10%), State Street Corp (3.82%), Geode Capital Management LLC (2.63%) and River Road Asset Management LLC (1.87%). Insiders that own company stock include Jeremy Stoppelman, David A Schwarzbach, Joseph R Nachman, Sam Eaton, Carmen Orr, Carmen Amara and Vivek Patel.
View institutional ownership trends.

How do I buy shares of Yelp?

Shares of YELP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Yelp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Yelp investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), First Solar (FSLR) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Personal services
• Sub-Industry: Internet Software & Services
• Current Symbol: NYSE:YELP
• CUSIP: 98581710
• CIK: 1345016
• Web: www.yelp.com
• Phone: (415) 908-3801
• Fax: 415-908-3833
• Employees: 4,872
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $37.00
• High Stock Price Target: $48.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +3.2%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.67
• Trailing P/E Ratio: 21.46
• Forward P/E Ratio: 20.72
• P/E Growth: 0.66
• Net Income: $99.17 million
• Net Margins: 8.48%
• Pretax Margin: 11.25%
• Return on Equity: 16.02%
• Return on Assets: 11.94%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.46
• Quick Ratio: 3.46

Sales & Book Value

• Annual Sales: $1.34 billion
• Price / Sales: 1.76
• Cash Flow: $2.85 per share
• Price / Cash Flow: 12.58
• Book Value: $11.24 per share
• Price / Book: 3.19

Miscellaneous

• Outstanding Shares: 65,820,000
• Free Float: 60,947,000
• Market Cap: $2.36 billion
• Optionable: Optionable
• Beta: 1.33