Yelp (NYSE:YELP) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Yelp (NYSE:YELP) released its earnings results on Thursday. The local business review company reported $0.62 earnings per share 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%. Yelp updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Yelp Stock Performance

Shares of NYSE:YELP opened at $40.60 on Friday. The company has a 50 day moving average price of $39.52 and a two-hundred day moving average price of $36.52. The company has a market capitalization of $2.67 billion, a PE ratio of 24.31, a PEG ratio of 0.55 and a beta of 1.33. Yelp has a 52 week low of $32.56 and a 52 week high of $45.05.

Analyst Ratings Changes

A number of brokerages recently commented on YELP. Morgan Stanley lifted their price objective on Yelp from $34.00 to $35.00 and gave the stock an “underweight” rating in a research report on Monday, January 13th. Evercore ISI upgraded shares of Yelp to a “hold” rating in a research report on Monday, November 11th. StockNews.com raised shares of Yelp from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Robert W. Baird reduced their price objective on shares of Yelp from $39.00 to $37.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $37.17.

Insider Transactions at Yelp

In other news, CTO Sam Eaton sold 10,744 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $35.12, for a total transaction of $377,329.28. Following the sale, the chief technology officer now owns 122,480 shares of the company’s stock, valued at $4,301,497.60. This trade represents a 8.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO David A. Schwarzbach sold 10,000 shares of Yelp stock in a transaction dated 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 owns 211,988 shares in the company, valued at $8,117,020.52. This trade represents a 4.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 44,011 shares of company stock valued at $1,677,131 over the last three months. 7.40% of the stock is currently owned by corporate insiders.

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.