Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. A sell signal from a double top formation was found on Thursday, July 21, 2022 and based on theory for this formation the price https://dotbig.com/markets/stocks/YELP/ should fall by -6.74% to $28.38 within 29 trading days since signal was issued . NEW YORK — U.S. stocks ended sharply higher Friday, rallying to their highest levels in a month on a drop in crude-oil prices and rising expectations the Federal Reserve may pause in its cycle of interest-ra…
We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Yelp has always been a leader in restaurants and retail – but in 2021, nearly two-thirds of the dotbig website company’s revenue came from local services . Essentially, Yelp has made a seamless transition to becoming an all-in-one resource for local businesses, not just restaurants. Based on short-term price targets offered by seven analysts, the average price target for Yelp comes to $34.00.
- The local business review site reported second-quarter results but uncertainties linger.
- Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.
- I find it very interesting to look at share price over the long term as a proxy for business performance.
- And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
- At current share prices near $37, Yelp has a market cap of $2.67 billion.
- Yelp Inc. , the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended June 30, 2022 after the market closes on Thursday, August 4, 2022.
Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
Given Yelp continues to have a healthy cash balance and generous EBITDA/cash flow each quarter, I expect to continue seeing aggressive buybacks going forward. The internet review-site may seem like a legacy technology company to most investors, but it’s also a company that has re-sparked its growth and funneled a good deal of its revenue down to the bottom line. Now fully in post-pandemic mode, Yelp has outperformed tech peers since November (it didn’t have that much excess value to shed), and I continue to think Yelp will be a winning investment throughout 2022. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. When a company has just transitioned to profitability, earnings per share growth is not always the best way to look at the share price action. YELP stock surged Friday as the business review site reported fourth-quarter results that topped estimates after the close Thursday. YELP’s current price/earnings ratio is 64.35, which is higher than 88.78% of US stocks with positive earnings.
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Yelp Stock Price Chart Interactive Chart >
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River Road Asset Management LLC now owns 2,086,809 shares of the local business review company’s stock valued at $57,951,000 after buying an additional 452,005 shares in the last quarter. Acadian Asset Management LLC raised its stake in Yelp by 10.0% during the first quarter. Acadian Asset Management LLC now owns 1,815,225 shares of the local business review company’s stock valued at $61,901,000 after buying nasdaq YELP an additional 164,387 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Yelp by 3.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,605,614 shares of the local business review company’s stock worth $54,770,000 after buying an additional 49,911 shares during the last quarter. 88.33% of the stock is currently owned by institutional investors.
According to analysts’ consensus price target of $37.29, Yelp has a forecasted upside of 26.7% from its current price of $29.43. MarketRank is calculated as 30% analysis https://dotbig.com/markets/stocks/YELP/ score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.
When Is Yelp’s Next Earnings Date?
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price Forex news was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 5 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Yelp in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock.
Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Yelp Inc operates a platform that connects consumers with dotbig local businesses in the United States and internationally. Traditional preferred stock, trust preferred securities, third-party trust certificates, convertible securities, mandatory convertible securities and other exchange-traded equity and/or debt securities. Criteria and inputs entered, including the choice to make security comparisons, are at the sole discretion of the user and are solely for the convenience of the user.
Yelp’s stock was trading at $36.24 at the beginning of the year. Since then, dotbig website has decreased by 19.0% and is now trading at $29.36. 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 $1,021,250.00 in company stock. Yelp has only been the subject of 2 research reports in the past 90 days. Get a sense of people’s overall feelings towards a company in social media with this summary tool. See how a stock measures up by instantly comparing it to the industry average and its top four competitors.