Yelp Inc (NYSE: YELP) is -23.17% lower on its value in year-to-date trading and has touched a low of $32.56 and a high of $48.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YELP stock was last observed hovering at around $36.64 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $36.37, the stock is 5.52% and 6.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -0.74% at the moment leaves the stock -2.04% off its SMA200. YELP registered -17.92% loss for a year compared to 6-month loss of -8.20%. The firm has a 50-day simple moving average (SMA 50) of $34.2386 and a 200-day simple moving average (SMA200) of $37.1666.
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The stock witnessed a 6.72% gain in the last 1 month and extending the period to 3 months gives it a 8.66%, and is 6.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.42% over the week and 1.99% over the month.
Yelp Inc (YELP) has around 4872 employees, a market worth around $2.43B and $1.38B in sales. Current P/E ratio is 19.12 and Fwd P/E is 16.12. Profit margin for the company is 10.01%. Distance from 52-week low is 11.70% and -25.76% from its 52-week high. The company has generated returns on investments over the last 12 months (17.95%).
The EPS is expected to grow by 25.93% this year
407.0 institutions hold shares in Yelp Inc (YELP), with institutional investors hold 99.19% of the company’s shares. The shares outstanding are 68.86M, and float is at 64.94M with Short Float at 7.08%. Institutions hold 94.70% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 11.47 million shares valued at $423.73 million. The investor’s holdings represent 16.7267 of the YELP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.07 million shares valued at $334.97 million to account for 13.2228 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 2.7 million shares representing 3.9317 and valued at over $99.6 million, while STATE STREET CORP holds 3.6895 of the shares totaling 2.53 million with a market value of $93.47 million.
Yelp Inc (YELP) Insider Activity
The most recent transaction is an insider sale by Nachman Joseph R, the company’s Chief Operating Officer. SEC filings show that Nachman Joseph R sold 7,000 shares of the company’s common stock on Nov 04 ’24 at a price of $34.07 per share for a total of $0.24 million. Following the sale, the insider now owns 0.25 million shares.
Still, SEC filings show that on Oct 30 ’24, THE YELP FOUNDATION (Officer) Proposed Sale 3,500 shares at an average price of $35.00 for $0.12 million. The insider now directly holds shares of Yelp Inc (YELP).
