Yelp Inc (NYSE: YELP) has seen a rise in its stock price by 0.99 in relation to its previous close of 39.23. However, the company has experienced a -0.95% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-09 that The headline numbers for Yelp (YELP) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Yelp Inc (NYSE: YELP) Right Now?
The price-to-earnings ratio for Yelp Inc (NYSE: YELP) is 29.22x, which is above its average ratio. Moreover, the 36-month beta value for YELP is 1.38. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 4 as “overweight,” 16 as “hold,” and 2 as “sell.”
The public float for YELP is 64.95M and currently, short sellers hold a 5.16% of that float. On May 10, 2024, YELP’s average trading volume was 812.46K shares.
YELP’s Market Performance
YELP stock saw a decrease of -0.95% in the past week, with a monthly decline of -0.85% and a quarterly a decrease of -11.96%. The volatility ratio for the week is 2.24%, and the volatility levels for the last 30 days are 2.09% for Yelp Inc (YELP). The simple moving average for the last 20 days is -1.18% for YELP stock, with a simple moving average of -6.74% 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 0.71% 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 -19.13% of loss for the given period.
Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares sank -1.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.37% upper at present.
During the last 5 trading sessions, YELP fell by -0.95%, which changed the moving average for the period of 200-days by -5.53% in comparison to the 20-day moving average, which settled at $40.07. In addition, Yelp Inc saw -16.31% 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 Schwarzbach David A, who sale 2,750 shares at the price of $40.63 back on Apr 15 ’24. After this action, Schwarzbach David A now owns 258,848 shares of Yelp Inc, valued at $111,732 using the latest closing price.
Nachman Joseph R, the Chief Operating Officer of Yelp Inc, sale 6,000 shares at $38.83 during a trade that took place back on Mar 22 ’24, which means that Nachman Joseph R is holding 312,502 shares at $232,982 based on the most recent closing price.
Stock Fundamentals for YELP
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.91 for the gross margin
The net margin for Yelp Inc stands at 0.08. The total capital return value is set at 0.15. 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 3.94. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is 22.53.
Currently, EBITDA for the company is 185.13 million with net debt to EBITDA at -1.16. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 9.19for trailing twelve months and the total asset turnover is 1.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.55.
Conclusion
To wrap up, the performance of Yelp Inc (YELP) has been bad in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. 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.
