YELP has been the subject of a number of other recent research reports. Analysts at Wunderlich initiated coverage on shares of Yelp in a research note to investors on Wednesday, February 27th. They set a “hold” rating and a $22.00 price target on the stock. Separately, analysts at Cantor Fitzgerald raised their price target on shares of Yelp from $24.00 to $27.00 in a research note to investors on Thursday, February 7th. They now have a “buy” rating on the stock. Finally, analysts at Piper Jaffray reiterated a “neutral” rating on shares of Yelp in a research note to investors on Wednesday, January 16th. They now have a $26.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $23.62.
Yelp (NASDAQ: YELP) opened at 24.50 on Tuesday. Yelp has a 1-year low of $14.10 and a 1-year high of $31.96. The stock’s 50-day moving average is currently $22.39. The company’s market cap is $1.561 billion.
Yelp (NASDAQ: YELP) last released its earnings data on Wednesday, February 6th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.07. The company had revenue of $41.20 million for the quarter, compared to the consensus estimate of $40.29 million. The company’s revenue for the quarter was up 65.5% on a year-over-year basis. Analysts expect that Yelp will post $-0.05 EPS for the current fiscal year.
Yelp Inc. (NASDAQ: YELP), formerly Yelp! Inc., connects people with local businesses. Its users contribute reviews of every type of local business, from restaurants, boutiques and salons to dentists, mechanics and plumbers.
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