Yelp Inc. (NYSE:YELP – Get Free Report) CFO David A. Schwarzbach sold 2,750 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $40.63, for a total value of $111,732.50. Following the completion of the transaction, the chief financial officer now owns 258,848 shares in the company, valued at approximately $10,516,994.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Yelp Price Performance
NYSE:YELP remained flat at $39.56 during mid-day trading on Wednesday. The company had a trading volume of 483,835 shares, compared to its average volume of 769,457. The company has a 50-day moving average of $39.46 and a 200 day moving average of $42.64. The firm has a market capitalization of $2.70 billion, a PE ratio of 29.30 and a beta of 1.49. Yelp Inc. has a 12-month low of $26.53 and a 12-month high of $48.99.
Yelp (NYSE:YELP – Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The local business review company reported $0.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.37. The firm had revenue of $342.38 million for the quarter, compared to the consensus estimate of $341.83 million. Yelp had a return on equity of 14.06% and a net margin of 7.42%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 EPS. Sell-side analysts expect that Yelp Inc. will post 1.53 EPS for the current fiscal year.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
A number of research firms have recently commented on YELP. Raymond James began coverage on Yelp in a report on Wednesday, March 27th. They issued a “market perform” rating on the stock. StockNews.com upgraded Yelp from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 24th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $41.75.
Get Our Latest Stock Analysis on Yelp
Yelp Company Profile
Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.
Featured Articles
- Five stocks we like better than Yelp
- Low PE Growth Stocks: Unlocking Investment Opportunities
- United Airlines Soars on Earnings Beat
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- J.B. Hunt Hits the Skids: Lower Prices to Come
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Yelp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yelp and related companies with MarketBeat.com's FREE daily email newsletter.