Vetr lowered shares of Yelp Inc. (NYSE:YELP) from a purchase score to a maintain score in a analysis report despatched to buyers on Thursday morning. Vetr at present has $44.44 worth goal on the local enterprise evaluation firm’s inventory.

YELP has been the topic of quite a few different studies. RBC Capital Markets reissued an outperform score and set a $55.00 worth goal on shares of Yelp in a analysis notice on Wednesday, December 21st. Robert W. Baird reaffirmed a impartial score on shares of Yelp in a analysis notice on Thursday, January 12th. Zacks Investment Research raised shares of Yelp from a promote score to a maintain score and set a $42.00 goal worth for the corporate in a analysis observe on Saturday, November fifth. Deutsche Bank AG reaffirmed a purchase score on shares of Yelp in a analysis observe on Tuesday, November 1st. Finally, B. Riley reaffirmed a impartial score and issued a $36.00 goal worth on shares of Yelp in a analysis observe on Tuesday, November eighth. Three equities analysis analysts have rated the inventory with a promote score, fifteen have assigned a maintain score and nineteen have given a purchase score to the corporate. Yelp presently has a mean score of Hold and a mean worth goal of $37.78.

Analyst Recommendations for Yelp (NYSE:YELP)

Shares of Yelp (NYSE:YELP) opened at 41.69 on Thursday. The agency’s 50 day shifting common is $39.30 and its 200-day shifting common is $37.08. The agency’s market cap is $three.27 billion. Yelp has a 52 week low of $14.53 and a 52 week excessive of $43.36.

Yelp (NYSE:YELP) final posted its quarterly earnings outcomes on Wednesday, November 2nd. The local enterprise evaluate firm reported $zero.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($zero.03) by $zero.25. The enterprise earned $186.20 million through the quarter, in contrast to the consensus estimate of $183 million. Yelp had a damaging internet margin of 5.23% and a adverse return on fairness of four.58%. Yelp’s income for the quarter was up 29.7% in contrast to the identical quarter final yr. During the identical interval within the earlier yr, the agency posted $zero.03 earnings per share. Equities analysis analysts predict that Yelp will submit ($zero.14) EPS for the present yr.

WARNING: This story was first posted by Sports Perspectives and is the only property of of Sports Perspectives. If you’re viewing this story on one other website, it was illegally stolen and republished in violation of U.S. & worldwide trademark & copyright legal guidelines. The right model of this story might be learn at https://sportsperspectives.com/2017/01/31/vetr-inc-lowers-yelp-inc-yelp-to-hold.html.

In different Yelp information, Director Geoffrey L. Donaker bought four,000 shares of the inventory in a transaction that occurred on Tuesday, November 15th. The shares have been bought at a mean worth of $36.73, for a complete transaction of $146,920.00. Following the transaction, the director now immediately owns four,000 shares within the firm, valued at $146,920. The sale was disclosed in a doc filed with the Securities & Exchange Commission, which may be accessed by means of this hyperlink. Also, SVP Michael Stoppelman bought eight,736 shares of the inventory in a transaction that occurred on Monday, November 21st. The shares have been bought at a mean worth of $38.19, for a complete transaction of $333,627.84. Following the transaction, the senior vice chairman now owns 132,903 shares within the firm, valued at $5,075,565.57. The disclosure for this sale might be discovered right here. Over the final 90 days, insiders bought 167,236 shares of firm inventory value $6,664,508. 11.08% of the inventory is owned by firm insiders.

Hedge funds and different institutional buyers have just lately modified their holdings of the inventory. FNY Managed Accounts LLC purchased a brand new stake in Yelp through the third quarter value $100,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Yelp by 11.7% within the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,575 shares of the local enterprise evaluate firm’s inventory value $107,000 after shopping for a further 270 shares in the course of the interval. Emerald Acquisition Ltd. purchased a brand new stake in Yelp through the second quarter value $112,000. US Bancorp DE raised its stake in Yelp by three,181.zero% within the third quarter. US Bancorp DE now owns three,970 shares of the local enterprise evaluation firm’s inventory value $165,000 after shopping for a further three,849 shares through the interval. Finally, TLP Group LLC purchased a brand new stake in Yelp through the third quarter value $187,000. Institutional buyers and hedge funds personal 72.97% of the corporate’s inventory.

Yelp Company Profile

Yelp Inc (Yelp) connects individuals with local companies by bringing phrase of mouth on-line and offering a platform for companies and shoppers to interact and transact. The Company offers local enterprise assessment websites. Yelp supplies a platform for shoppers to share their on a regular basis local enterprise experiences, via reviews, ideas, pictures and movies, and engages instantly with companies, via reviews, telephone calls and its Message the Business function.

5 Day Chart for NYSE:YELP

To view Vetr’s full report, go to Vetr’s official web site.

Receive News & Ratings for Yelp Inc. Daily – Enter your e mail handle under to obtain a concise every day abstract of the newest information and analysts’ scores for Yelp Inc. and associated corporations with MarketBeat.com’s FREE every day e-mail publication.



Source link