Currently, there are 64.74M common shares owned by the public and among those 61.76M shares have been available to trade.
The company’s stock has a 5-day price change of -4.45% and 5.86% over the past three months. YELP shares are trading -3.36% year to date (YTD), with the 12-month market performance up to 1.38% higher. It has a 12-month low price of $32.28 and touched a high of $41.72 over the same period. YELP has an average intraday trading volume of 852.28K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.03%, 3.33%, and 3.04% respectively.
Institutional ownership of Yelp Inc (NYSE: YELP) shares accounts for 96.77% of the company’s 64.74M shares outstanding.
It has a market capitalization of $2.39B and a beta (3y monthly) value of 1.03. The stock’s trailing 12-month PE ratio is 17.99, while the earnings-per-share (ttm) stands at $2.08. The company has a PEG of 1.06 and a Quick Ratio of 2.89 with the debt-to-equity ratio at 0.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.98% over the week and 2.51% over the month.
Analysts forecast that Yelp Inc (YELP) will achieve an EPS of 0.51 for the current quarter, 0.62 for the next quarter and 2.67 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.47 while analysts give the company a high EPS estimate of 0.47. Comparatively, EPS for the current quarter was 0.56 a year ago. Earnings per share for the fiscal year are expected to increase by 14.57%, and 22.98% over the next financial year. EPS should shrink at an annualized rate of 17.05% over the next five years, compared to 29.12% over the past 5-year period.
Looking at the support for the YELP, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on October 14, 2024, with the firm’s price target at $46-$38. BofA Securities coverage for the Yelp Inc (YELP) stock in a research note released on September 16, 2024 offered a Underperform rating with a price target of $30. JP Morgan on their part issued Neutral rating on October 27, 2023.
