Yelp (NYSE:YELP) Announces Earnings Results

Yelp (NYSE:YELP) posted its quarterly earnings results on Thursday. The local business review company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.09, Zacks reports. Yelp had a net margin of 8.48% and a return on equity of 16.02%. Yelp updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Yelp Trading Down 8.1 %

YELP stock traded down $3.27 during mid-day trading on Friday, hitting $37.28. 1,650,764 shares of the company were exchanged, compared to its average volume of 590,609. The company has a market capitalization of $2.45 billion, a PE ratio of 22.33, a price-to-earnings-growth ratio of 0.55 and a beta of 1.33. Yelp has a twelve month low of $32.56 and a twelve month high of $45.05. The firm has a fifty day simple moving average of $39.49 and a 200 day simple moving average of $36.53.

Wall Street Analyst Weigh In

YELP has been the topic of a number of recent analyst reports. Evercore ISI raised shares of Yelp to a “hold” rating in a research note on Monday, November 11th. Robert W. Baird cut their price target on shares of Yelp from $39.00 to $37.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. StockNews.com raised shares of Yelp from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Morgan Stanley raised their target price on shares of Yelp from $34.00 to $35.00 and gave the company an “underweight” rating in a research note on Monday, January 13th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $37.17.

Insiders Place Their Bets

In other news, CTO Sam Eaton sold 10,744 shares of Yelp stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $35.12, for a total value of $377,329.28. Following the completion of the transaction, the chief technology officer now directly owns 122,480 shares of the company’s stock, valued at approximately $4,301,497.60. The trade was a 8.06 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO David A. Schwarzbach sold 10,000 shares of Yelp stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $38.29, for a total transaction of $382,900.00. Following the completion of the transaction, the chief financial officer now directly owns 211,988 shares of the company’s stock, valued at $8,117,020.52. This trade represents a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,011 shares of company stock valued at $1,677,131 in the last ninety days. Corporate insiders own 7.40% of the company’s stock.

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.