|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||39.34 - 39.95|
|52-week range||31.15 - 48.40|
|PE ratio (TTM)||22.55|
|Earnings date||1 Aug 2018 - 6 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||49.42|
Yelp (YELP) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
The Yelp chief executive laughs despairingly as he describes attempts to convince US regulators to restrict what he believes is a “very successful monopoly”. Google had got to them first. Mr Stoppelman, 40, who co-founded Yelp, the customer reviews site, in 2004, has built a business in the shadow of the world’s biggest search engine.
What consumers should know in the wake of a California court ruling on negative Yelp reviewsBloomberg NewsOnline reviews can help consumers — or hurt them, if they don’t know what they’re doing. California’s Supreme Court has ruled that Yelp (YELP) can’t be forced to remove a negative review. Three of the four justices who ruled in favor of Yelp on Monday argued that the Communications Decency Act protected sites like Yelp in cases like these.
The Poland-based company will see competition from startups like StyleSeat and publicly-traded companies like Yelp
SAN FRANCISCO (AP) — Online review site Yelp.com cannot be ordered to remove posts against a San Francisco law firm that a judge determined were defamatory, a divided California Supreme Court ruled Monday in a closely watched case that internet companies had warned could be used to silence online speech.
There are a number of newer companies that have struggled to make money, and even Tesla's older competitors in the auto industry have had their fair share of struggles.
Yelp Inc (NYSE:YELP), a internet company based in United States, received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing toRead More...
Alphabet’s (GOOGL) Google hired a key executive from Yelp (YELP), potentially dealing a blow to Yelp’s criticism of its business practices. According to Business Insider, Shannon Eis, who until recently served as Yelp’s head of corporate communications, now works for Google’s Global Business Organization as its head of internal and external communications.
Yelp (YELP) and Yext (YEXT) have expanded their relationship to give businesses more control over their digital knowledge online. Yelp’s website is one of the first places consumers turn to when looking for information about a local business. The expanded partnership makes Yext an official Yelp Knowledge Partner.
Have investors taken their concerns over Yelp’s (YELP) shift away from requiring advertiser contracts too far? With the shares down for the year—and yet to recover from a tumble after reporting Q1 financial results—MKM Partners thinks they have. “We think investor concern over the removal of term contracts is misplaced,” MKM wrote Monday.
Yelp (YELP) may be adding new advertisers and growing its advertising revenues, as demonstrated by its latest quarterly results. Wall Street firm KeyBanc Capital Markets recently downgraded its rating on Yelp stock, citing weakening customer engagement. In a note to clients cited by MarketWatch, KeyBanc mentioned a lack of commitment by new advertisers to remain on Yelp’s platform.
The "Halftime Report" traders debate Aegis Capital's downgrade of Yelp to "Sell" based on recent changes to the company's business model.
Shares of Yelp Inc. are down 3.5% in Wednesday morning trading after Aegis Capital analyst Victor Anthony downgraded the stock to sell from hold. "The lifetime value of Yelp's account base is diminishing by as much as 25% as the business model transitions away from the 12-month contract to non-term or good-'til-cancelled contracts," Anthony wrote. Anthony isn't as upbeat as other analysts about the company's request-a-quote feature, which he thinks "is likely to underwhelm bullish expectations and is likely to be cannibalistic to local advertising." He lowered his price target to $34 from $45, and the new target makes Anthony the most bearish analyst on Yelp's stock among those tracked by FactSet.
Concerns about the “commitment” of new customers since Yelp stopped requiring long-term contracts contributed to a downgrade Wednesday, with KeyBanc lowering its rating on the shares and cutting its sales and Ebitda estimates. The company’s shift, meant to make its service more attractive to advertisers who might’ve been unwilling to sign on long-term, targets customer acquisition levels that would make the likely expectation of more churn acceptable. In its note Wednesday, KeyBanc argued that based on its research -- including customer interviews -- newer Yelp (YELP) customers seemed flaky.
Shares of Yelp Inc. are down 2.6% in premarket trading Wednesday after KeyBanc Capital Markets analyst Brad Erickson downgraded the stock to sector weight from overweight. "While Yelp's franchise generally remains healthy, we see signs of weakening customer engagement evolving on the margin, which typically don't correlate to higher value in our proprietary rubric for evaluating internet marketplaces," Erickson wrote. "While higher churn is a byproduct of the new no-contract term offering, we are concerned that we're already hearing a clear lack of commitment and indifference toward remaining on Yelp from recently added new customers," he wrote.
Most of the heavy hitters in tech are supporting candidate London Breed in San Francisco's mayoral race, with some supporting Jane Kim.
Yelp (YELP) recently filed a fresh complaint with the European antitrust agency against Alphabet’s (GOOGL) Google, according to media reports. Yelp has long accused Google of abusing its dominance in online searches, particularly in local research results.
Alibaba (BABA) has returned 14.0% in the last month, 60.7% in the last year, and 0.69% in the last five days. In the last trading session, Alibaba was trading 6.1% above its 100-day moving average, whereas peers Yelp (YELP), eBay (EBAY), and Yandex (YNDX) were trading 1.3%, 7.8%, and 9.4% below their 100-day moving averages, respectively. PayPal (PYPL) was trading 4.6% above its 100-day moving average.