Yelp (NYSE:YELP – Get Free Report) will be announcing its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Yelp (NYSE:YELP – Get Free Report) last released its earnings results on Thursday, February 15th. The local business review company reported $0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.37. Yelp had a return on equity of 14.06% and a net margin of 7.42%. The business had revenue of $342.38 million for the quarter, compared to analyst estimates of $341.83 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. On average, analysts expect Yelp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Yelp Price Performance
NYSE:YELP opened at $41.11 on Wednesday. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 30.45 and a beta of 1.44. The firm’s fifty day moving average price is $39.34 and its 200 day moving average price is $42.38. Yelp has a 1-year low of $27.56 and a 1-year high of $48.99.
Insider Activity at Yelp
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. StockNews.com raised shares of Yelp from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 24th. Raymond James assumed coverage on Yelp in a research report on Wednesday, March 27th. They set a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $41.75.
Check Out Our Latest Stock Analysis on Yelp
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.
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