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

Yelp (NYSE:YELP) announced its quarterly earnings data on Thursday. The local business review company reported $0.62 earnings per share (EPS) for the quarter, beating 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.

Yelp Trading Up 2.3 %

YELP traded up $0.93 during trading hours on Thursday, hitting $40.60. 740,093 shares of the company’s stock were exchanged, compared to its average volume of 611,668. The firm has a market cap of $2.67 billion, a P/E ratio of 24.31, a price-to-earnings-growth ratio of 0.55 and a beta of 1.33. Yelp has a 12-month low of $32.56 and a 12-month high of $45.05. The firm has a 50 day moving average of $39.48 and a 200 day moving average of $36.50.

Insider Activity

In related news, CFO David A. Schwarzbach sold 10,000 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $38.29, for a total value of $382,900.00. Following 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Craig Saldanha sold 1,000 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $38.05, for a total transaction of $38,050.00. Following the completion of the sale, the insider now directly owns 184,558 shares of the company’s stock, 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 worth $1,677,131. Corporate insiders own 7.40% of the company’s stock.

Wall Street Analyst Weigh In

YELP has been the topic of several recent analyst reports. StockNews.com raised shares of Yelp from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 11th. Evercore ISI upgraded Yelp to a “hold” rating in a report on Monday, November 11th. Robert W. Baird cut their target price on Yelp from $39.00 to $37.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Finally, 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. Two analysts have rated the stock with a sell rating, six have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $37.17.

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.