With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.86 million shares. The 52-week range on YELP shows that it touched its highest point at $41.72 and its lowest point at $32.28 during that stretch. It currently has a 1-year price target of $38.62. Beta for the stock currently stands at 1.03.
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 down-trending over the past week, with a drop of -3.77%, but this was up by 10.55% over a month. Three-month performance surged to 6.52% while six-month performance rose 6.14%. The stock gained 1.85% in the past year, while it has lost -1.68% so far this year. A look at the trailing 12-month EPS for YELP yields 2.08 with Next year EPS estimates of 2.65. For the next quarter, that number is 0.52. This implies an EPS growth rate of 14.57% for this year and 22.98% for next year. EPS is expected to grow by 17.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 29.12%.
Float and Shares Shorts:
At present, 64.74 million YELP shares are outstanding with a float of 61.76 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for YELP since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.88428 being high and $1.78352 being low. For YELP, this leads to a yearly average estimate of $1.81375. Based on analyst estimates, the high estimate for the next quarter is $0.7 and the low estimate is $0.55. The average estimate for the next quarter is thus $0.62.
