Yelp (NYSE:YELP) Hits New 12-Month Low – Should You Sell?

Yelp Inc. (NYSE:YELP)’s share price reached a new 52-week low on Monday . The company traded as low as $27.75 and last traded at $27.6440, with a volume of 372570 shares traded. The stock had previously closed at $28.31.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Zacks Research lowered Yelp from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Wall Street Zen lowered shares of Yelp from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. JPMorgan Chase & Co. cut their price target on shares of Yelp from $33.00 to $30.00 and set a “neutral” rating for the company in a report on Monday, November 10th. The Goldman Sachs Group set a $33.00 price objective on Yelp in a report on Tuesday, October 14th. Finally, Bank of America decreased their price target on Yelp from $31.00 to $30.00 and set an “underperform” rating on the stock in a research note on Friday, August 8th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Yelp presently has a consensus rating of “Reduce” and a consensus target price of $32.20.

Yelp Stock Down 2.8%

The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 0.81 and a beta of 0.99. The firm has a fifty day moving average of $31.72 and a 200-day moving average of $33.77.

Yelp (NYSE:YELP) last released its quarterly earnings results on Thursday, November 6th. The local business review company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.14. Yelp had a return on equity of 20.17% and a net margin of 10.28%.The business had revenue of $376.04 million during the quarter, compared to the consensus estimate of $368.39 million. During the same quarter in the previous year, the company posted $0.56 EPS. The business’s revenue was up 4.4% on a year-over-year basis. Yelp has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts forecast that Yelp Inc. will post 2.22 EPS for the current fiscal year.

Insider Buying and Selling

In other Yelp news, insider Carmen Amara sold 1,500 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $31.37, for a total transaction of $47,055.00. Following the completion of the transaction, the insider owned 84,066 shares of the company’s stock, valued at approximately $2,637,150.42. This trade represents a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO David A. Schwarzbach sold 10,000 shares of the stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $31.43, for a total value of $314,300.00. Following the sale, the chief financial officer directly owned 180,196 shares in the company, valued at approximately $5,663,560.28. The trade was a 5.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 39,100 shares of company stock worth $1,254,036 in the last ninety days. Insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. LSV Asset Management lifted its stake in shares of Yelp by 14.8% during the third quarter. LSV Asset Management now owns 2,402,938 shares of the local business review company’s stock worth $74,972,000 after purchasing an additional 309,173 shares in the last quarter. Acadian Asset Management LLC increased its stake in Yelp by 4.2% during the 2nd quarter. Acadian Asset Management LLC now owns 2,359,112 shares of the local business review company’s stock worth $80,827,000 after buying an additional 95,933 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Yelp by 4.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,070,236 shares of the local business review company’s stock valued at $64,592,000 after acquiring an additional 88,860 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Yelp by 8.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,976,150 shares of the local business review company’s stock worth $61,656,000 after acquiring an additional 151,354 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Yelp by 7.0% in the second quarter. Ameriprise Financial Inc. now owns 1,501,764 shares of the local business review company’s stock worth $51,458,000 after acquiring an additional 98,303 shares in the last quarter. Hedge funds and other institutional investors own 90.11% of the company’s stock.

About Yelp

Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.