Yelp Inc. (NYSE:YELP) previous close was $42.28 while the outstanding shares total 75.25M. The firm has a beta of 1.86. YELP’s shares traded lower over the last trading session, losing -2.81% on 06/09/21. The shares fell to a low of $41.035 before closing at $41.09. Intraday shares traded counted 0.8 million, which was -23.58% lower than its 30-day average trading volume of 649.62K. The stock’s Relative Strength Index (RSI) is 58.56, with weekly volatility at 3.55% and ATR at 1.42. The YELP stock’s 52-week price range has touched low of $18.67 and a $43.86 high.
Investors have identified the Internet Content & Information company Yelp Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.07 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Yelp Inc. (YELP) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 703.35 million total, with 156.05 million as their total liabilities.
YELP were able to record 52.93 million as free cash flow during the 08/12/2021 quarter of the year, this saw their quarterly net cash flow reduce by -7.26 million. In cash movements, the company had a total of 58.93 million as operating cash flow.
Potential earnings growth for Yelp Inc. (YELP)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/12/2021 quarter of the year, Yelp Inc. recorded a total of 232.1 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -7.67% coming in sequential stages and their sales for the 08/12/2021 quarter reducing by -0.47%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 14.87 million trying to sell their products during the last quarter, with the result yielding a gross income of 217.22 million. This allows shareholders to hold on to 75.25M with the recently reported earning now reading -0.08 cents per share. This is a figure that compared to analystâ€™s prediction for their 08/12/2021 (-0.08 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 0.51 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on YELP sounds very interesting.
Is the stock of YELP attractive?
In related news, Chief Technology Officer, Eaton Sam sold 794 shares of the companyâ€™s stock in a transaction that recorded on Jun 01. The sale was performed at an average price of 39.48, for a total value of 31,347. As the sale deal closes, the Chief Product Officer, Patel Vivek now sold 779 shares of the companyâ€™s stock, valued at 30,755. Also, Chief People Officer, Patterson Carolyn sold 17,506 shares of the companyâ€™s stock in a deal that was recorded on May 28. The shares were price at an average price of 39.84 per share, with a total market value of 697,439. Following this completion of acquisition, the Chief Administrative Officer, Wilson Laurence now holds 2,314 shares of the companyâ€™s stock, valued at 88,035. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.80%.
3 out of 15 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Yelp Inc.. 2 analysts has assigned a Sell rating on the YELP stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $40.80.