Analysts expect Yelp Inc (NYSE:YELP) to report $0.04 earnings per share for the current quarter, Zacks reports. Five analysts have provided estimates for Yelp’s earnings, with the highest EPS estimate coming in at $0.18 and the lowest estimate coming in at ($0.05). Yelp reported earnings per share of ($0.06) in the same quarter last year, which suggests a positive year over year growth rate of 166.7%. The business is scheduled to issue its next quarterly earnings report on Tuesday, May 8th.

On average, analysts expect that Yelp will report full year earnings of $0.45 per share for the current financial year, with EPS estimates ranging from $0.19 to $1.04. For the next financial year, analysts forecast that the company will report earnings of $0.68 per share, with EPS estimates ranging from $0.45 to $1.31. Zacks’ EPS calculations are an average based on a survey of research firms that follow Yelp.

YELP has been the subject of a number of recent analyst reports. Zacks Investment Research cut Yelp from a “buy” rating to a “hold” rating in a report on Thursday, November 23rd. Piper Jaffray Companies reiterated an “underweight” rating and issued a $37.00 target price (down from $38.00) on shares of Yelp in a report on Thursday, December 7th. Bank of America upped their target price on Yelp from $52.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday, January 24th. Evercore ISI assumed coverage on Yelp in a report on Tuesday, December 5th. They issued an “in-line” rating and a $46.00 target price for the company. Finally, Robert W. Baird upped their target price on Yelp from $37.00 to $44.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Three investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twenty have assigned a buy rating to the stock. Yelp presently has a consensus rating of “Hold” and a consensus target price of $43.55.

In related news, CEO Jeremy Stoppelman sold 13,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $45.40, for a total transaction of $590,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Alan Ramsay sold 592 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $46.92, for a total value of $27,776.64. Following the transaction, the insider now directly owns 20,048 shares in the company, valued at $940,652.16. The disclosure for this sale can be found here. Insiders have sold a total of 244,085 shares of company stock valued at $10,761,928 over the last 90 days. 10.10% of the stock is currently owned by company insiders.

A number of large investors have recently made changes to their positions in YELP. Oppenheimer Asset Management Inc. increased its position in Yelp by 28,585.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 4,016 shares of the local business review company’s stock valued at $174,000 after buying an additional 4,002 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Yelp by 46.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,240 shares of the local business review company’s stock valued at $178,000 after buying an additional 1,337 shares in the last quarter. Commerzbank Aktiengesellschaft FI acquired a new position in Yelp during the 3rd quarter valued at about $204,000. Ameritas Investment Partners Inc. acquired a new position in Yelp during the 2nd quarter valued at about $205,000. Finally, ProShare Advisors LLC acquired a new position in Yelp during the 2nd quarter valued at about $215,000. 86.09% of the stock is currently owned by institutional investors.

Yelp (YELP) traded down $0.34 on Friday, reaching $38.29. The company had a trading volume of 3,500,492 shares, compared to its average volume of 1,774,998. Yelp has a one year low of $26.93 and a one year high of $48.40. The stock has a market cap of $3,120.00, a PE ratio of 22.17, a P/E/G ratio of 4.20 and a beta of 1.14.

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Yelp Company Profile

Yelp Inc (Yelp) connects people with local businesses by bringing ‘word of mouth’ online and providing a platform for businesses and consumers to engage and transact. The Company offers local business review sites. 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.

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Earnings History and Estimates for Yelp (NYSE:YELP)

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