A new trading day began on Monday, with Yelp Inc (NYSE: YELP) stock price up 3.76% from the previous day of trading, before settling in for the closing price of $36.13. YELP’s price has ranged from $32.56 to $48.99 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 7.91% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 34.44%. With a float of $63.99 million, this company’s outstanding shares have now reached $68.86 million.
In an organization with 4872 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 90.64%, operating margin of 10.37%, and the pretax margin is 11.25%.
Yelp Inc (YELP) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Yelp Inc is 2.77%, while institutional ownership is 95.53%. The most recent insider transaction that took place on Nov 25 ’24, was worth 127,750. Before that another transaction happened on Nov 21 ’24, when Company’s Chief Technology Officer sold 10,744 for $35.12, making the entire transaction worth $377,280. This insider now owns 122,480 shares in total.
Yelp Inc (YELP) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.37 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.00% during the next five years compared to 16.65% growth over the previous five years of trading.
Yelp Inc (NYSE: YELP) Trading Performance Indicators
Here are Yelp Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.80. Likewise, its price to free cash flow for the trailing twelve months is 9.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.67, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.37 in one year’s time.
Technical Analysis of Yelp Inc (YELP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.81 million. That was better than the volume of 0.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 50.05%. Additionally, its Average True Range was 0.97.
During the past 100 days, Yelp Inc’s (YELP) raw stochastic average was set at 83.14%, which indicates a significant increase from 75.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.50% in the past 14 days, which was higher than the 26.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.89, while its 200-day Moving Average is $36.64. However, in the short run, Yelp Inc’s stock first resistance to watch stands at $37.98. Second resistance stands at $38.47. The third major resistance level sits at $39.30. If the price goes on to break the first support level at $36.66, it is likely to go to the next support level at $35.83. The third support level lies at $35.34 if the price breaches the second support level.
Yelp Inc (NYSE: YELP) Key Stats
With a market capitalization of 2.51 billion, the company has a total of 65,818K Shares Outstanding. Currently, annual sales are 1,337 M while annual income is 99,170 K. The company’s previous quarter sales were 360,340 K while its latest quarter income was 38,440 K.
