Closing Strong: Yelp Inc (YELP) Ends at 35.77, Up 1.68 from Last Close

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After finishing at $35.18 in the prior trading day, Yelp Inc (NYSE: YELP) closed at $35.77, up 1.68%. In other words, the price has increased by $1.68 from its previous closing price. On the day, 0.61 million shares were traded. YELP stock price reached its highest trading level at $35.99 during the session, while it also had its lowest trading level at $35.43.

Ratios:

Our goal is to gain a better understanding of YELP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.66. For the most recent quarter (mrq), Quick Ratio is recorded 3.17 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.05.

On October 27, 2023, JP Morgan Upgraded its rating to Neutral which previously was Underweight but kept the price unchanged to $39.

On July 28, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $54.Craig Hallum initiated its Buy rating on July 28, 2023, with a $54 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 05 ’24 when Nachman Joseph R sold 7,000 shares for $36.24 per share. The transaction valued at 253,655 led to the insider holds 288,842 shares of the business.

Nachman Joseph R sold 4,941 shares of YELP for $180,495 on Jun 04 ’24. The Chief Operating Officer now owns 295,842 shares after completing the transaction at $36.53 per share. On Jun 03 ’24, another insider, Eaton Sam, who serves as the Chief Technology Officer of the company, sold 425 shares for $36.73 each. As a result, the insider received 15,610 and left with 167,861 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, YELP now has a Market Capitalization of 2412986880 and an Enterprise Value of 2062064640. As of this moment, Yelp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.80, and their Forward P/E ratio for the next fiscal year is 17.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.78 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 1.519 whereas that against EBITDA is 14.68.

Stock Price History:

The Beta on a monthly basis for YELP is 1.33, which has changed by -0.061893523 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, YELP has reached a high of $48.99, while it has fallen to a 52-week low of $34.76. The 50-Day Moving Average of the stock is -4.02%, while the 200-Day Moving Average is calculated to be -13.02%.

Shares Statistics:

The stock has traded on average 673.67K shares per day over the past 3-months and 536800 shares per day over the last 10 days, according to various share statistics. A total of 68.86M shares are outstanding, with a floating share count of 64.62M. Insiders hold about 4.21% of the company’s shares, while institutions hold 94.61% stake in the company. Shares short for YELP as of 1718323200 were 2880281 with a Short Ratio of 3.88, compared to 1715731200 on 2777597. Therefore, it implies a Short% of Shares Outstanding of 2880281 and a Short% of Float of 6.72.

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