Yelp Inc. (NYSE:YELP) was downgraded by analysis analysts at Vetr from a “buy” score to a “hold” score in a analysis report issued to shoppers and buyers on Thursday. They at present have a $32.90 worth goal on the local enterprise evaluation firm’s inventory. Vetr‘s price target would indicate a potential upside of 3.23% from the stock’s earlier shut.

Several different analysts have additionally weighed in on YELP. Cantor Fitzgerald reaffirmed a “buy” score and issued a $38.00 worth goal on shares of Yelp in a analysis word on Monday, May ninth. Jefferies Group reaffirmed a “buy” score on shares of Yelp in a analysis notice on Monday, July 11th. Mizuho raised their worth goal on Yelp from $20.00 to $24.00 and gave the corporate a “neutral” score in a analysis notice on Friday, May sixth. Piper Jaffray Cos. reaffirmed a “hold” score on shares of Yelp in a analysis word on Wednesday, April 20th. Finally, Evercore ISI reaffirmed a “hold” score and issued a $23.00 worth goal on shares of Yelp in a analysis observe on Tuesday. Six analysts have rated the inventory with a promote score, twenty-three have given a maintain score and sixteen have issued a purchase score to the corporate. The firm presently has a consensus score of “Hold” and a mean worth goal of $30.26.

In associated information, SVP Laurence Wilson bought 2,081 shares of the corporate’s inventory in a transaction that occurred on Monday, May 23rd. The shares have been bought at a mean worth of $24.84, for a complete transaction of $51,692.04. Following the completion of the transaction, the senior vice chairman now owns 113,466 shares of the corporate’s inventory, valued at $2,818,495.44. The sale was disclosed in a doc filed with the Securities & Exchange Commission, which is accessible by means of the SEC web site. Also, COO Geoffrey L. Donaker bought 6,00zero shares of the corporate’s inventory in a transaction that occurred on Wednesday, May 11th. The inventory was bought at a mean worth of $26.17, for a complete transaction of $157,zero20.00. Following the transaction, the chief working officer now immediately owns 6,00zero shares of the corporate’s inventory, valued at roughly $157,zero20. The disclosure for this sale could be discovered right here.

A lot of institutional buyers just lately modified their holdings of the corporate. Maverick Capital Ltd. raised its place in shares of Yelp by 177.6% within the fourth quarter. Maverick Capital Ltd. now owns four,360,359 shares of the local enterprise assessment firm’s inventory valued at $125,578,00zero after shopping for a further 2,789,557 shares through the interval. Morgan Stanley raised its place in shares of Yelp by 17.four% within the fourth quarter. Morgan Stanley now owns 1,752,462 shares of the local enterprise evaluate firm’s inventory valued at $50,471,00zero after shopping for a further 259,575 shares through the interval. Criterion Capital Management LLC purchased a brand new place in shares of Yelp in the course of the fourth quarter valued at roughly $30,781,00zero. Ascend Capital LLC purchased a brand new place in shares of Yelp in the course of the fourth quarter valued at roughly $29,699,00zero. Finally, State Street Corp raised its place in shares of Yelp by 2.eight% within the first quarter. State Street Corp now owns 795,560 shares of the local enterprise evaluation firm’s inventory valued at $15,819,00zero after shopping for a further 21,302 shares through the interval.

Yelp (NYSE:YELP) traded up 5.22% throughout buying and selling on Thursday, hitting $31.87. The inventory had a buying and selling quantity of two,650,720 shares. Yelp has a 52 week low of $14.53 and a 52 week excessive of $32.47. The firm has a 50-day shifting common of $28.96 and a 200 day shifting common of $23.33. The firm’s market cap is $2.44 billion.

Yelp (NYSE:YELP) final launched its earnings outcomes on Thursday, May fifth. The local enterprise evaluation firm reported $zero.08 earnings per share (EPS) for the quarter, topping the consensus estimate of ($zero.16) by $zero.24. During the identical interval final yr, the corporate posted $zero.10 earnings per share. The firm had income of $158.60 million for the quarter, in contrast to analyst estimates of $155.57 million. The enterprise’s income for the quarter was up 33.eight% in contrast to the identical quarter final yr. On common, equities analysis analysts anticipate that Yelp will submit ($zero.29) EPS for the present yr.

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 supplies local enterprise evaluation websites. Yelp supplies a platform for shoppers to share their on a regular basis local enterprise experiences, via reviews, ideas, photographs and movies, and engages immediately with companies, by means of reviews, telephone calls and its Message the Business function.

Yelp Inc. News & Headlines? – Enter your e mail handle within the type under to obtain our free every day e-mail publication that incorporates the newest headlines and analysts’ suggestions for for Yelp Inc. and associated corporations.



Source link