News headlines about Yelp (NYSE:YELP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Yelp earned a news impact score of 0.05 on Accern’s scale. Accern also gave news articles about the local business review company an impact score of 44.9355843523366 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s analysis:
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These are the best BBQ restaurants in Alabama, according to Yelp (al.com) Celebrate National Burger Month with Yelp (foxreno.com) Yelp asks Europe to take new antitrust action against Google (searchengineland.com) Yelp files new EU complaint against Google over search dominance (ft.com) Yelp seeks to revive EU antitrust complaint against Google (finance.yahoo.com)
Shares of Yelp opened at $44.16 on Wednesday, Marketbeat.com reports. The stock has a market cap of $3.89 billion, a PE ratio of 630.86, a price-to-earnings-growth ratio of 13.30 and a beta of 1.10. Yelp has a 1-year low of $27.22 and a 1-year high of $48.40.
Yelp (NYSE:YELP) last announced its earnings results on Thursday, May 10th. The local business review company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The business had revenue of $223.07 million for the quarter, compared to analyst estimates of $220.17 million. Yelp had a net margin of 17.80% and a return on equity of 0.47%. The firm’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.19 earnings per share. sell-side analysts predict that Yelp will post 0.14 EPS for the current fiscal year.
YELP has been the topic of several research reports. KeyCorp set a $54.00 target price on Yelp and gave the stock a “buy” rating in a research report on Thursday, February 8th. Bank of America cut their target price on Yelp from $55.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Credit Suisse Group cut their target price on Yelp from $51.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. SunTrust Banks set a $50.00 target price on Yelp and gave the stock a “buy” rating in a research report on Thursday, February 8th. Finally, B. Riley raised Yelp from a “neutral” rating to a “buy” rating and increased their target price for the stock from $42.00 to $58.00 in a research report on Friday, May 18th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $46.01.
In other news, COO Joseph R. Nachman sold 14,500 shares of the firm’s stock in a transaction dated Friday, April 20th. The stock was sold at an average price of $44.50, for a total transaction of $645,250.00. Following the completion of the sale, the chief operating officer now directly owns 142,355 shares in the company, valued at $6,334,797.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Geoffrey L. Donaker sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $44.08, for a total value of $264,480.00. Following the sale, the director now owns 10,055 shares of the company’s stock, valued at $443,224.40. The disclosure for this sale can be found here. Insiders have sold 89,000 shares of company stock valued at $3,951,595 over the last 90 days. Insiders own 9.00% of the company’s stock.
Yelp Company Profile
Yelp Inc operates a platform that connects people with local businesses in the United States, Canada, and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others.