Yelp (NYSE:YELP) Releases Earnings Results, Beats Estimates By $0.09 EPS

Yelp (NYSE:YELP) issued its quarterly earnings results on Thursday. The local business review company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.09, Zacks reports. Yelp had a return on equity of 16.02% and a net margin of 8.48%. The company had revenue of $361.95 million for the quarter, compared to analysts’ expectations of $350.73 million. Yelp updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Yelp Stock Down 8.1 %

YELP traded down $3.27 during trading on Friday, hitting $37.28. The company’s stock had a trading volume of 1,650,764 shares, compared to its average volume of 590,609. Yelp has a twelve month low of $32.56 and a twelve month high of $45.05. The stock’s fifty day moving average price is $39.49 and its 200-day moving average price is $36.53. The firm has a market capitalization of $2.45 billion, a P/E ratio of 22.33, a PEG ratio of 0.55 and a beta of 1.33.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Yelp

In other Yelp news, CTO Sam Eaton sold 10,744 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $35.12, for a total value of $377,329.28. Following 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Craig Saldanha sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $38.05, for a total value of $38,050.00. Following the completion of the transaction, the insider now directly owns 184,558 shares in the company, valued at approximately $7,022,431.90. This trade represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 44,011 shares of company stock valued at $1,677,131. 7.40% of the stock is currently owned by company insiders.

About Yelp

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.