Yelp Inc (NYSE: YELP) has reported E.P.S. of $0.57 for its third fiscal quarter (ending September 30) versus $0.84 for the same period a year ago — a decline of -32%. For the latest four quarters through September 30, E.P.S. were $1.74 compared to $1.32 a year ago — an increase of 32%.
Recent Price Action
Yelp Inc (NYSE: YELP) stock closed at $36.37 on 11/7/24 after a slight decline of -0.7%. Moreover, this decline was accompanied by unusually high trading volume at 169% of normal. The stock has been weak relative to the market over the last nine months but has risen 5.4% during the last week.
Current PriceTarget Research Rating
YELP is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Yelp has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Yelp has a slightly negative Power Rating of 35 and a slightly negative Appreciation Score of 33, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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