|Bid||32.31 x 1400|
|Ask||32.67 x 1000|
|Day's Range||32.11 - 33.02|
|52 Week Range||29.33 - 52.50|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||48.74|
|Earnings Date||Aug 6, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||38.52|
Here Are Yelp’s Challenges and Opportunities Going Forward(Continued from Prior Part)America’s digital advertising market to expand 19% in 2019Advertising is Yelp’s bread and butter. Advertising dollars are shifting from traditional media such
Here Are Yelp’s Challenges and Opportunities Going Forward(Continued from Prior Part)Educating expecting parents on maternity careYelp (YELP) recently announced a partnership that will expand its hospital maternity care rating service. In
Here Are Yelp’s Challenges and Opportunities Going ForwardUber adds to its war chestUber (UBER) raised $8.1 billion in additional cash through its IPO this month. A richer Uber could spell trouble for Yelp’s (YELP) ambitions. Yelp has an
The D.C. Council's cuts to a popular incentive program could be just the opening salvo in a much broader battle. The council agreed to reduce the District's Qualified High Technology Company tax credit program with its first vote on the fiscal 2020 budget. An amendment introduced by Councilwoman Brianne Nadeau, D-Ward-1, and passed 9-4 would roll back the size of some credits offered to companies and limit the ability them to carry the tax credits forward.
Yelp Inc NYSE:YELPView full report here! Summary * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for YELP with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The $643 million in inflows that ETFs holding YELP received over the last one-month is a decline from earlier in the period and among the weakest of the past year. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Yelp (YELP) reported financial results for the first quarter of fiscal 2019 after the close on Thursday. Yelp has found success lately with its largest customers, with growth in the quarter driven by a 22% increase in revenues from national and multi-location advertisers. Time will tell if this is a short-term blip from the transition to non-term advertising or reflective of deeper issues (as an analyst at Keybanc put it last June, " "we are concerned that we're already hearing a clear lack of commitment and indifference toward remaining on Yelp from recently added new customers, as well as pockets of already poorly perceived utility of the platform after only a few months").
It has been a rocky week. On Monday we gapped lower on trade concerns, only to see bulls salvage most of the losses on the day. They were then overpowered on Tuesday and Wednesday, and while they lost ground Thursday and for most of the day on Friday, they were able to buoy the market into the green toward the end of the day. A trade deal squashes the bears and ignites a rally, while an escalation could cause further selling. Let's look at a few top stock trades for next week.Earlier in the week, there were a few studs that were holding up incredibly well to the selling. For the most part, that still remains the case. Top Stock Trades for Tomorrow No. 1: Yelp Click to EnlargeInvestorPlace - Stock Market News, Stock Advice & Trading TipsShares of Yelp (NYSE:YELP) are being destroyed on Friday, falling 13% after the company disappointed with its quarterly earnings results.The stock is dropping below a key support level and all three of its major moving averages. This is not something that attracts me on the long side. The $33 level is buoying Yelp for now, but under $34 to $34.50 and it's still a no-touch for me. Below Friday's lows, and Yelp's 52-week lows are on the table.If it can't get back above prior support, it may set up as a short. Above there and it could get a bounce back to its 50-day. Top Stock Trades for Tomorrow No. 2: Zillow Click to EnlargeZillow (NASDAQ:Z) is trading better on the day, up about 6% after it reported earnings. However, shares closed notably below its opening highs.The action broke Z out of its downtrend channel, but other resistance has stepped up in a big way. $38 cracked initially but held it in check, as did its 200-day moving average. Now Z sits in a vital area. It has to hold the 50-day and backside of prior channel resistance if it wants to go higher.If it does, a retest of $38 and the 200-day are in the cards. Above that and it can really gain some upside momentum. A break below the 50-day though sends it back to the 20-day moving average and possibly back into its prior channel. Top Stock Trades for Tomorrow No. 3: Lyft/Uber Click to EnlargeUber (NYSE:UBER) finally went public, but it's not living up to hype, down about 5% to $42.50. Lyft (NASDAQ:LYFT) is also getting hit, down about 7% and making new 52-week lows.This group is hurting, big time. Lyft is already down more than 40% and hit a low of $50 in the session. Some well-respected traders I follow have considered sticking their toe in the water with Friday's lows acting as their stop-loss.That's a reasonable bet with limited risk. Below short-term range support at $56 and I remain leery of LYFT. For those who play long, look for a rebound to this area, but expect it to act as resistance if it gets there. $56 buoyed Lyft several times in April, but broke earlier this week. Looking at the chart above, you can see that subsequent tests of this area failed. * 7 Cloud Stocks to Buy on Overcast Days As for Uber, this article suggests not to trade it on Day One. Given how Lyft has gone, it's not bad advice. Top Stock Trades for Tomorrow No. 4: Berkshire Hathaway Click to EnlargeThe action in Berkshire Hathaway (NYSE:BRK.B, NYSE:BRK.A) has been interesting. At right is a look at the B shares, where we can see that they have been fighting off a breakdown these last few days.Both times the stock dropped down to about $204, but recovered to close above the 50-day and 200-day moving averages. This is a great setup, as investors can go long Buffett's baby with a stop just below the two-day low, or at about $204. Top Stock Trades for Tomorrow No. 5: Twilio Click to EnlargeTwilio (NYSE:TWLO) burst higher on earnings and gave up all of its post-earnings gains in a single session last week. It was a sign that the results were good, but not enough to lift a super hot stock even higher.That's actually okay action if you're a long-term investor. However, both long-term and short-term investors have to love the way that TWLO stock has held up this week. It's hugged that 50-day incredibly well and sets up a great risk/reward.Below the 50-day and investors can walk. Otherwise, a breakout over $135 is looking more and more likely. My first target would be the earnings-day highs just over $142.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post 5 Top Stock Trades for Monday: Uber, Yelp, Berkshire appeared first on InvestorPlace.
The online review platform Yelp Inc (NYSE: YELP ) reported first-quarter results Thursday that were roughly in-line with estimates, but second-quarter guidance fell short of expectations. The Analysts ...
B. Riley FBR analyst Sameet Sinha lowered his rating on shares of the online-reviews site to Neutral from Buy and cut the target price to $42 from $50,
tumbled in premarket trading on Friday despite first-quarter results that beat analysts' forecasts. Yelp reported first-quarter net income of $1 million, or 2 cents a share, vs. a net loss of $2 million, or 3 cents a share, in the comparable year-earlier quarter.
The local business review platform just reaffirmed full-year guidance. But it's betting on a strong second half to get there.
Yelp (YELP) delivered earnings and revenue surprises of 0.00% and -0.15%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Yelp Inc. fell more than 6% in the extended session Thursday after the company swung to a quarterly profit but sales disappointed. Yelp said it earned $1.36 million, or 2 cents a share, in the first quarter, versus a loss of $2.3 million, or 3 cents a share, in the year-ago period. Revenue rose 6% to $236 million from $223 million a year ago. Analysts polled by FactSet had expected earnings of 1 cent a share on sales of $235 million in the quarter.
The San Francisco-based company said it had net income of 2 cents per share. The results met Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was also ...
Yelp Inc. (YELP), the company that connects people with great local businesses, today posted its financial results for the quarter ended March 31, 2019 in the Q1 2019 Shareholder Letter available on its Investor Relations website at www.yelp-ir.com. “We are encouraged by the progress we have made on our plan to drive sustainable, profitable long-term growth for our shareholders,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. Yelp will host a live Q&A session today at 2:00 p.m. PT to discuss the first quarter 2019 financial results and its Business Outlook for the second quarter and full year 2019.
Our call of the day, from Steve Eisman, a hedge-fund trader who made money in the financial crisis by betting against risky mortgage products engineered by some of the world’s biggest banks, says corporate bonds will be at the center of pain for the next U.S. recession.
Yelp is scheduled to report first-quarter financial results on Thursday after the market’s close. Here’s a snapshot of Wall Street’s expectations and some recent history.
Northeast Business Group on Health (NEBGH), the New York-based employer-led coalition of healthcare stakeholders, and Yelp Inc. (YELP), the leader in connecting people with great local businesses, today announced a partnership to add onto Yelp pages maternity care measures for the roughly 50 New York City and Long Island hospitals that provide maternity care services.
It's clear at this point: investors aren't buying what Zillow (NASDAQ:Z,NASDAQ:ZG) is selling. Zillow stock still sits almost 50% below last year's highs.The problem for ZG stock is that the narrative has changed. Investors thought they were getting another capital-light Internet platform, one with high margins and impressive growth. Zillow had the potential to not necessarily transform the real estate sector, but by selling advertising and leads to realtors, at least carve out a nice share of that massive industry.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor Zillow management, however, that doesn't seem to be enough. As InvestorPlace's Dana Blankenhorn detailed earlier this year, ZG stock has become a bet on house-flipping. Zillow is moving into mortgages as well. For investors who lived through the financial crisis of the last decade, "innovation" in the real estate market is a reason for caution, not optimism. And that is one of the reasons why Zillow stock has struggled of late.That said, it's not at all guaranteed that Zillow management is wrong. Indeed, if they're right, the rewards here are enormous, as Zillow gains a bigger portion of the lucrative real estate market. First quarter earnings, due Thursday afternoon, give Zillow management another chance to show why its strategy makes sense. Zillow Earnings ExpectationsI wrote ahead of the Q4 report in February that the earnings report was key for ZG stock. That turned out to be both true and false. ZG stock gained 25% on the report, in part due to the news that founder Rich Barton was returning to the CEO post. * 7 Stocks Worth Buying When They're Down But those gains would fade. Within six weeks, ZG shares were back to pre-earnings levels -- and they kept falling. A recent rally leaves ZG stock about where it was before the fourth quarter report.That's true from a price standpoint and from a 'feel' standpoint as well. In both senses, Zillow stock is right back where it was almost three months ago. And that presents an opportunity with the first quarter release. The Contradiction Behind ZG StockThe catch with ZG stock in this market is reasonably simple. Investors at the moment like tech stocks -- of almost any kind. Admittedly, it remains to be seen whether that will remain the case. As I wrote on Friday, Zillow earnings are just one of three key earnings releases for Internet platform stocks, with Yelp (NYSE:YELP) and Etsy (NASDAQ:ETSY) also reporting. It's possible, if unlikely, that those earnings could dim the appetite for Internet platform stocks starting next week.Barring that, however, Zillow stock will occupy an odd place in investors' eyes. Those investors like tech. But Zillow's new initiatives aren't really about tech. To be sure, Zillow plans to use data analysis in its Instant Offers program, and the same likely will be true of its potential entrance into the mortgage market. But the end markets - housing and banking - are not markets that investors favor at the moment.In fact, investors dislike those markets. Housing stocks have rallied so far in 2019, but multiples in that industry generally trend toward the single-digits on a P/E basis. The same is true of big banks like Bank of America (NYSE:BAC) and even JPMorgan Chase (NYSE:JPM), when looking at 2020 estimates.So what Zillow is doing, at least from an investment standpoint, is somewhat bizarre. Old-line companies are looking to satisfy investor demands by establishing recurring revenue; see, for instance, the efforts of Cisco Systems (NASDAQ:CSCO) to add SaaS offerings to its legacy hardware business.Zillow is going the other way. It's adding on a cyclical, capital-intensive business model to the high-margin platform investors bought in the first place. It's no surprise that many of those investors have decided to look elsewhere. What Moves Zillow Stock HigherIn that context, the Q1 numbers from Zillow may not matter all that much. The issue here is long-term strategy, not short-term performance. The reaction to the Q4 report, even if it took some time, proved that point.And so the response to the Q1 report may not come down to whether or not Zillow beats or misses consensus estimates. It's more likely to be based on whether Zillow management, with another opportunity, can convince investors that its new strategy is better than the old one. * 7 Strong Buy Stocks That Tick All the Boxes In this market, it will be a tough sell. That's not to say Zillow's strategy is wrong; in fact, it's rather intriguing. But it will take years, not a single quarter, to prove that Zillow management is making the right decision. As such, expecting Q1 results to move ZG stock higher may be asking for too much.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Strong Buy Stocks That Tick All the Boxes * 7 Stocks to Buy From the T. Rowe Price Health Sciences Fund * 5 Tech ETFs to Plug In to Big Profits Compare Brokers The post Zillow Earnings Aren't Going To Be About the Numbers appeared first on InvestorPlace.