Yelp Inc (NYSE: YELP) is -19.56% 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 $37.26 in the last trading session, with the day’s gains setting it 0.82%.
Currently trading at $38.08, the stock is 5.30% and 8.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 2.20% at the moment leaves the stock 4.13% off its SMA200. YELP registered -14.66% loss for a year compared to 6-month loss of 4.27%. The firm has a 50-day simple moving average (SMA 50) of $35.041 and a 200-day simple moving average (SMA200) of $36.56975.
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The stock witnessed a 10.41% gain in the last 1 month and extending the period to 3 months gives it a 9.08%, and is 6.25% 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 2.95% over the week and 2.69% over the month.
Yelp Inc (YELP) has around 4872 employees, a market worth around $2.56B and $1.39B in sales. Current P/E ratio is 22.85 and Fwd P/E is 16.05. Profit margin for the company is 8.48%. Distance from 52-week low is 16.95% and -22.27% from its 52-week high. The company has generated returns on investments over the last 12 months (15.42%).
Yelp Inc quarterly earnings per share for the current quarter are estimated at 0.53 with sales reaching $349.94M over the same period.The EPS is expected to grow by 34.44% this year, but quarterly earnings will post 4.74% year-over-year. Quarterly sales are estimated to grow 2.21% in year-over-year returns.
405.0 institutions hold shares in Yelp Inc (YELP), with institutional investors hold 101.82% of the company’s shares. The shares outstanding are 68.86M, and float is at 63.99M with Short Float at 7.29%. Institutions hold 97.17% 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
Yelp Inc disclosed in a document filed with the SEC on Nov 21 ’24 that Eaton Sam (Chief Technology Officer) sold a total of 10,744 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $35.12 per share for $0.38 million. Following the transaction, the insider now directly holds 0.12 million shares of the YELP stock.
Still, SEC filings show that on Nov 21 ’24, SAMUEL JOSEPH EATON (Officer) Proposed Sale 10,744 shares at an average price of $35.12 for $0.38 million. The insider now directly holds shares of Yelp Inc (YELP).
