Yelp Inc (YELP) Shares Down Despite Recent Market Volatility

The stock of Yelp Inc (NYSE: YELP) has decreased by -0.73 when compared to last closing price of 35.84. Despite this, the company has experienced a -2.33% fall in its stock price over the last five trading sessions. zacks.com reported 2024-11-19 that Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Is It Worth Investing in Yelp Inc (NYSE: YELP) Right Now?

Yelp Inc (NYSE: YELP) has a price-to-earnings ratio of 21.35x that is above its average ratio. Additionally, the 36-month beta value for YELP is 1.34. 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.”

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The public float for YELP is 63.94M and currently, short sellers hold a 7.27% ratio of that float. The average trading volume of YELP on November 22, 2024 was 711.98K shares.

YELP’s Market Performance

YELP stock saw an increase of -2.33% in the past week, with a monthly gain of 6.62% and a quarterly increase of 1.77%. The volatility ratio for the week is 2.34%, and the volatility levels for the last 30 days are 2.53% for Yelp Inc (YELP). The simple moving average for the past 20 days is 0.07% for YELP’s stock, with a -3.11% simple moving average for the past 200 days.

Analysts’ Opinion of YELP

Many brokerage firms have already submitted their reports for YELP stocks, with Goldman repeating the rating for YELP by listing it as a “Neutral.” The predicted price for YELP in the upcoming period, according to Goldman is $38 based on the research report published on October 14, 2024 of the current year 2024.

BofA Securities, on the other hand, stated in their research note that they expect to see YELP reach a price target of $30. The rating they have provided for YELP stocks is “Underperform” according to the report published on September 16th, 2024.

YELP Trading at 2.30% 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 -27.37% of loss for the given period.

Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares surge +4.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.61% upper at present.

During the last 5 trading sessions, YELP fell by -2.33%, which changed the moving average for the period of 200-days by -19.14% in comparison to the 20-day moving average, which settled at $35.55. In addition, Yelp Inc saw -24.84% 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 Eaton Sam, who sale 10,744 shares at the price of $35.12 back on Nov 21 ’24. After this action, Eaton Sam now owns 122,480 shares of Yelp Inc, valued at $377,280 using the latest closing price.

SAMUEL JOSEPH EATON, the Officer of Yelp Inc, proposed sale 10,744 shares at $35.12 during a trade that took place back on Nov 21 ’24, which means that SAMUEL JOSEPH EATON is holding shares at $377,279 based on the most recent closing price.

Stock Fundamentals for YELP

Current profitability levels for the company are sitting at:

  • 0.1 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 0.18. Equity return is now at value 15.96, with 11.76 for asset returns.

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 1.53. The receivables turnover for the company is 8.98for trailing twelve months and the total asset turnover is 1.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.46.

Conclusion

In conclusion, Yelp Inc (YELP) has seen mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it 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.

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