How does Yelp Inc (YELP) change from a tortoise to a hare?

With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.64 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $45.02 whereas the lowest price it dropped to was $43.73. The 52-week range on YELP shows that it touched its highest point at $48.99 and its lowest point at $26.53 during that stretch. It currently has a 1-year price target of $49.94. Beta for the stock currently stands at 1.53.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of YELP was up-trending over the past week, with a rise of 1.95%, but this was up by 0.16% over a month. Three-month performance surged to 1.56% while six-month performance rose 5.16%. The stock gained 37.36% in the past year, while it has lost -4.94% so far this year. A look at the trailing 12-month EPS for YELP yields 1.26 with Next year EPS estimates of 1.70. For the next quarter, that number is 0.38. This implies an EPS growth rate of 176.00% for this year and 23.46% for next year. EPS is expected to grow by 28.99% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -22.36%.


Float and Shares Shorts:

At present, 69.80 million YELP shares are outstanding with a float of 63.81 million shares on hand for trading. On Jan 11, 2024, short shares totaled 3.89 million, which was 5.68% higher than short shares on Dec 14, 2023. In addition to YELP as the firm’s Yelp Inc., ELP serves as its Companhia Paranaense de Energia.

Institutional Ownership:

Through their ownership of 95.92% of YELP’s outstanding shares, institutional investors have majority control over the company.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for YELP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With YELP analysts setting a high price target of $55.00 and a low target of $45.00, the average target price over the next 12 months is $49.94.

Summary of Insider Activity:

Insiders traded YELP stock several times over the past three months with 0 Buys and 5 Sells. In these transactions, 0 shares were bought while 30,776 shares were sold. The number of buy transactions has increased to 23 while that of sell transactions has risen to 60 over the past year. The total number of shares bought during that period was 195,186 while 499,339 shares were sold.