With the buy rating at the target price of $52.
Bob says he thinks the Co Founder probably is asking for 6 billions based on it is a 3 billion dollars company. When the buyers are not willing to pay 6 billions, he took off the for sale sign.
Stock Rating / Target Est.
Community Rating 1 Year Target
Rate Yelp Inc.
71% bullish of 14 ratings
Read more: http://www.nasdaq.com/symbol/yelp/real-time#ixzz3elatYKw4
At this level, I would not want to be shorts.
I think YELP is planning to grow its market share and business much more this year. More reason not to sell the company cheap.
I have the exact same thinking like you do. Why not sell? If the company is gaining market shares and business then it makes perfect sense not to sell based on the offers of $46 by Google, Amazon, Trip Advisor and so on. Logically if the company is not doing well, they will not change their mind to cancel the sale. Think outside of the box. The drop today will bring big shame from all the weak hand.
Highlights from the analysis by TheStreet Ratings Team goes as follows:
YELP's very impressive revenue growth greatly exceeded the industry average of 5.9%. Since the same quarter one year prior, revenues leaped by 55.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
YELP has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 7.81, which clearly demonstrates the ability to cover short-term cash needs.
The gross profit margin for YELP INC is currently very high, coming in at 92.58%. Regardless of YELP's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, YELP's net profit margin of -1.08% significantly underperformed when compared to the industry average.
Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. When compared to other companies in the Internet Software & Services industry and the overall market, YELP INC's return on equity is below that of both the industry average and the S&P 500.
YELP's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 42.47%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Despite the heavy decline in its share price, this stock is still more expensive (when compared to its current earnings) than most other companies in its industry.
Sentiment: Strong Buy
End of my message.
Toyota dealers say they can only program the keys when you buy the keys from them not from the third party. I bought the blank key from EBAY and found a Key maker company from YELP who programmed my key less than 10 minutes with very reasonable fee.
I invest based on my own personal experience rather than following the liars and thieves that want to steal from weak hand for nothing.
Last year I also got a very good roofing company from Yelp. I found Falcon Roofing on Yelp. It also provided me excellent service with very reasonable fee.
Talk is cheap. Action speaks louder than words. So far I have excellent experience working with many companies that listed on YELP and they all said positive things about the business they are receiving from the ads they listed on YELP.
I found the nicest company on YELP this week to repair my Honda pressure washer and the best key maker for my Pryus Toyota when the Toyota dealer told me they don't know how to program the key I bought from EBAY. I told Pryus Toyota dealer and they were totally embarrassed.
So far all the contractors I have used from YELP's listings and reviews all told me that they are in fact getting a lot of business through their ads on Yelp. They actually told me that the money spent on the ads are well worthwhile. Meanwhile, I have been very pleased so far by using the contractors that I have found from YELP listing.
Sentiment: Strong Buy
Feb 4, 2015 BURRITT DAVID BOfficer 3,705 Indirect Purchase at $24.54 per share. 90,920
Feb 4, 2015 BURRITT DAVID BOfficer 36,378 Direct Purchase at $24.49 - $25.02 per share. 901,000
20,000 shares at $12.35.
Sentiment: Strong Buy