Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Yelp Inc’s stock clocked out at $39.23, down -4.57% from its previous closing price of $41.11. In other words, the price has decreased by -$4.57 from its previous closing price. On the day, 0.96 million shares were traded. YELP stock price reached its highest trading level at $40.765 during the session, while it also had its lowest trading level at $39.15.
Ratios:
To gain a deeper understanding of YELP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.52. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 15 ’24 when Schwarzbach David A sold 2,750 shares for $40.63 per share. The transaction valued at 111,732 led to the insider holds 258,848 shares of the business.
Nachman Joseph R sold 6,000 shares of YELP for $232,982 on Mar 22 ’24. The Chief Operating Officer now owns 312,502 shares after completing the transaction at $38.83 per share. On Mar 15 ’24, another insider, Schwarzbach David A, who serves as the Chief Financial Officer of the company, sold 2,750 shares for $37.70 each. As a result, the insider received 103,675 and left with 268,773 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 2661386752 and an Enterprise Value of 2447941120. As of this moment, Yelp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.93, and their Forward P/E ratio for the next fiscal year is 18.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 1.831 whereas that against EBITDA is 19.261.
Stock Price History:
Over the past 52 weeks, YELP has reached a high of $48.99, while it has fallen to a 52-week low of $27.56. The 50-Day Moving Average of the stock is -0.17%, while the 200-Day Moving Average is calculated to be -7.68%.
Shares Statistics:
It appears that YELP traded 806.67K shares on average per day over the past three months and 534640 shares per day over the past ten days. A total of 68.86M shares are outstanding, with a floating share count of 64.95M. Insiders hold about 4.26% of the company’s shares, while institutions hold 95.95% stake in the company. Shares short for YELP as of 1713139200 were 3351519 with a Short Ratio of 4.15, compared to 1710460800 on 3789162. Therefore, it implies a Short% of Shares Outstanding of 3351519 and a Short% of Float of 7.75.
Earnings Estimates
A comprehensive evaluation of Yelp Inc (YELP) is underway, with the input of 8.0 analysts contributing to its current rating.On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.01, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0.39, with high estimates of $0.5 and low estimates of $0.34.
Analysts are recommending an EPS of between $2.05 and $1.41 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $2.11, with 8.0 analysts recommending between $2.76 and $1.72.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $333.43M. It ranges from a high estimate of $334.6M to a low estimate of $331.5M. As of the current estimate, Yelp Inc’s year-ago sales were $312.44MFor the next quarter, 9 analysts are estimating revenue of $358.35M. There is a high estimate of $365M for the next quarter, whereas the lowest estimate is $348.84M.
A total of 10 analysts have provided revenue estimates for YELP’s current fiscal year. The highest revenue estimate was $1.47B, while the lowest revenue estimate was $1.43B, resulting in an average revenue estimate of $1.44B. In the same quarter a year ago, actual revenue was $1.34BBased on 10 analysts’ estimates, the company’s revenue will be $1.55B in the next fiscal year. The high estimate is $1.6B and the low estimate is $1.51B.
