Yelp Inc (NYSE: YELP) has seen a rise in its stock price by 0.38 in relation to its previous close of 39.96. However, the company has experienced a -0.12% decline in its stock price over the last five trading sessions. CNBC reported 2024-04-10 that Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to Yelp.
Is It Worth Investing in Yelp Inc (NYSE: YELP) Right Now?
The price-to-earnings ratio for Yelp Inc (NYSE: YELP) is above average at 29.58x. The 36-month beta value for YELP is also noteworthy at 1.47. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 4 rating it as “overweight,” 16 rating it as “hold,” and 2 rating it as “sell.”
The public float for YELP is 65.37M, and at present, short sellers hold a 5.70% of that float. The average trading volume of YELP on April 12, 2024 was 786.79K shares.
YELP’s Market Performance
YELP stock saw an increase of -0.12% in the past week, with a monthly gain of 4.75% and a quarterly increase of -9.62%. The volatility ratio for the week is 1.73%, and the volatility levels for the last 30 days are 1.93% for Yelp Inc (YELP). The simple moving average for the last 20 days is 2.33% for YELP stock, with a simple moving average of -5.20% for the last 200 days.
Analysts’ Opinion of YELP
JP Morgan, on the other hand, stated in their research note that they expect to see YELP reach a price target of $39. The rating they have provided for YELP stocks is “Neutral” according to the report published on October 27th, 2023.
Craig Hallum gave a rating of “Buy” to YELP, setting the target price at $54 in the report published on July 28th of the previous year.
YELP Trading at 0.24% from the 50-Day Moving Average
After a stumble in the market that brought YELP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.13% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares surge +4.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.26% lower at present.
During the last 5 trading sessions, YELP fell by -0.12%, which changed the moving average for the period of 200-days by +14.31% in comparison to the 20-day moving average, which settled at $39.28. In addition, Yelp Inc saw -15.27% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at YELP starting from Nachman Joseph R, who sale 6,000 shares at the price of $38.83 back on Mar 22 ’24. After this action, Nachman Joseph R now owns 312,502 shares of Yelp Inc, valued at $232,982 using the latest closing price.
Schwarzbach David A, the Chief Financial Officer of Yelp Inc, sale 2,750 shares at $37.70 during a trade that took place back on Mar 15 ’24, which means that Schwarzbach David A is holding 268,773 shares at $103,675 based on the most recent closing price.
Stock Fundamentals for YELP
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.91 for the gross margin
The net margin for Yelp Inc stands at 0.07. The total capital return value is set at 0.12. Equity return is now at value 13.59, with 9.77 for asset returns.
Based on Yelp Inc (YELP), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 3.51. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -19.12.
Currently, EBITDA for the company is 185.13 million with net debt to EBITDA at -1.38. When we switch over and look at the enterprise to sales, we see a ratio of 1.88. The receivables turnover for the company is 8.9for trailing twelve months and the total asset turnover is 1.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.55.
Conclusion
In summary, Yelp Inc (YELP) has had a mixed performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
