Yelp Inc (YELP) concluded trading on Wednesday at a closing price of $39.02, with 0.5 million shares of worth about $19.34 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.92% during that period and on January 08, 2025 the price saw a loss of about -0.79%. Currently the company’s common shares owned by public are about 66.64M shares, out of which, 64.02M shares are available for trading.
Stock saw a price change of 0.83% in past 5 days and over the past one month there was a price change of 0.57%. Year-to-date (YTD), YELP shares are showing a performance of 0.83% which decreased to -14.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.56 but also hit the highest price of $46.07 during that period. The average intraday trading volume for Yelp Inc shares is 692.84K. The stock is currently trading -0.59% below its 20-day simple moving average (SMA20), while that difference is up 3.67% for SMA50 and it goes to 6.38% higher than SMA200.
Yelp Inc (NYSE: YELP) currently have 66.64M outstanding shares and institutions hold larger chunk of about 95.60% of that.
The stock has a current market capitalization of $2.57B and its 3Y-monthly beta is at 1.34. PE ratio of stock for trailing 12 months is 23.42, while it has posted earnings per share of $1.67 in the same period. Its PEG reads 1.38 and has Quick Ratio of 3.46 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for YELP, volatility over the week remained 1.86% while standing at 2.36% over the month.
Analysts are in expectations that Yelp Inc (YELP) stock would likely to be making an EPS of 0.53 in the current quarter, while forecast for next quarter EPS is 0.34 and it is 2.38 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.48 which is 0.59 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.37 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 34.44% while it is estimated to increase by 30.88% in next year. EPS is likely to grow at an annualized rate of 17.00% for next 5-years, compared to annual growth of 16.65% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on October 14, 2024 offering a Neutral rating for the stock and assigned a target price range of between $46 and $38 to it. Coverage by BofA Securities stated Yelp Inc (YELP) stock as an Underperform in their note to investors on September 16, 2024, suggesting a price target of $30 for the stock. Stock get a Neutral rating from JP Morgan on October 27, 2023.
