How Are Yelp Inc. (YELP) EPS Outlook Changing For Q2 2017?

Cantor Fitzgerald restated an overweight rating and issued a $46.00 price target on shares of Yelp in a research note on Monday, February 6th.

Yelp Inc (NYSE:YELP) have shown a high EPS growth of 26.50% in the last 5 years and has earnings growth of 135.50% yoy. Wells Fargo raised its rating on Yelp Market Perform on 10/05/2017 in a reversal from its prior Underperform rating. They set a "sector weight" rating for the company. Finally, Loop Capital reiterated a "hold" rating on shares of Yelp in a research report on Wednesday, April 19th.

Wedbush believes Yelp Inc. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and sixteen have assigned a buy rating to the company's stock. Currently, the stock has a 1 Year Price Target of $40.98. Yelp Inc (NYSE:YELP) has declined 17.07% since October 3, 2016 and is downtrending. (YELP) has a trading volume of 47.13 Million shares, with an average trading volume of 2850 shares - with shares dropping to a 52 week low of $23.92, and the company's shares hitting a 52 week high of $ 43.41. The Market Capitalization of the company stands at 2.78 Billion. The recent change has given its price a -16.13% deficit over SMA 50 and -34.74% deficit over its 52-week high. This represents an increase of approximately 183% compared to the average daily volume of 762 call options. $142,120 worth of Yelp Inc (NYSE:YELP) was sold by Donaker Geoffrey L on Tuesday, February 14.

Previously Yelp Inc (NYSE:YELP) reported -$0.06 earnings per share (EPS) for the quarter on 5/9/2017 After Market Close, beating the consensus estimate of -$0.08 by $0.02. Yelp had a negative net margin of 0.65% and a negative return on equity of 0.01%. The firm had revenue of $194.50 million for the quarter, compared to analyst estimates of $194.51 million. Annual EPS Growth of past 5 years is 26.50%. The company said that it expects to see revenue in the range of $202 million to $206 million for the July quarter, while analysts were calling for $215.21 million.

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For the Current Quarter, the growth estimate for Yelp 60%, while for the Next Quarter the stock growth estimate is -100%. Following the transaction, the chief operating officer now owns 141,404 shares in the company, valued at approximately $5,089,129.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Michael Stoppelman sold 7,784 shares of the company's stock in a transaction that occurred on Wednesday, February 22nd. The disclosure for this sale can be found here. The analyst recommendations from a month ago are 3 Buy, 10 Strong Buy, 0 Sell, 2 Hold and 11. US Bancorp DE raised its position in Yelp by 3,181.0% in the third quarter. The company has Beta Value of 1.65 and ATR value of 0.85. Sumitomo Mitsui Asset Management Company LTD increased its stake in Yelp by 24.2% in the first quarter.

A number of large investors have recently added to or reduced their stakes in YELP.

Yelp made its name by giving consumers a place to state their opinions about everything from the quality of local businesses to the reliability of plumbers. This time around, Yelp also has managed to destroy confidence of the Wall Street analysts who cover the online reviews site. Yelp provides a platform for consumers to share their everyday local business experiences with other consumers by posting reviews, tips, photos and videos, and to engage directly with businesses, through reviews, its Request-A-Quote and Message the Business features, and by completing transactions on the Yelp Platform. You can read their full Q1 earnings report here.

  • Zachary Reyes