YELP - Yelp Inc.

NYSE - NYSE Delayed price. Currency in USD
21.74
+0.01 (+0.05%)
At close: 4:00PM EDT
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Previous close21.73
Open21.57
Bid21.85 x 800
Ask21.73 x 900
Day's range21.21 - 21.92
52-week range12.89 - 39.37
Volume807,185
Avg. volume1,587,447
Market cap1.563B
Beta (5Y monthly)1.52
PE ratio (TTM)70.13
EPS (TTM)0.31
Earnings date06 Aug 2020 - 10 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est25.89
  • Shareholder Alert: Robbins LLP Reminds Investors It Is Investigating the Officers and Directors of Yelp Inc. (YELP)
    Business Wire

    Shareholder Alert: Robbins LLP Reminds Investors It Is Investigating the Officers and Directors of Yelp Inc. (YELP)

    Shareholder rights law firm Robbins LLP reminds investors that it is investigating the officers and directors of Yelp Inc. (NYSE: YELP) for breaches of fiduciary duties, unjust enrichment, and violations of the Securities Exchange Act of 1934. Yelp operates a platform that connects consumers with local businesses.

  • Bloomberg

    Covid-19 Will Expose the Ghosts in the U.S. Economy

    (Bloomberg Opinion) -- Each stage of the pandemic revives the question of what is coming next, usually in a more disturbing context. The next major event, I am sorry to say, is the disappearance of what I call ghost capital. According to one estimate, about half of small businesses will be out of cash within a month, and many of them will close. The American economy has been living off the inheritance of its pre-Covid-19 past, and that cannot go on forever.Consider your local restaurants. I live in Northern Virginia, which is scattered with thousands of dining establishments of many different kinds. Many of them are currently open for takeout and delivery but not for sit-down dining. Even when they are allowed to welcome customers back inside, social distancing will mean they can’t serve nearly as many patrons as before.That’s the supply side. Demand for in-restaurant dining is likely to fall as well, though estimates vary. Since the average small business carries less than a month’s worth of liquid reserves, and the wait for a vaccine is likely to be at least a year, many restaurants will simply be unable to survive the shrinking of the market.I call these places ghost restaurants because they are still walking around, so to speak, visible to us and listed on Yelp, but not really alive and without much of a future.In a few months’ time, a significant number of these ghost enterprises will be gone. My drive around Northern Virginia, rather than being rich with culinary choice, will soon become fairly desolate — and the overall economic landscape will indeed be much emptier.What else in our current capital structure might qualify as “ghost”?We are still watching TV shows made before the pandemic, but the supply of new material is starting to run thin. South Korea and a few other nations are producing fresh content, but a lot of U.S. television programming is already looking to adapt to the new scarcity of programming content.My local dry cleaner is still in business, taking advantage of its previous market position. But even once the lockdown is fully lifted, fewer people will be going into work or to formal events. Demand to have suits pressed is way down, and soon enough that will translate into a far fewer dry cleaning shops.Many shopping malls — and peripheral businesses that rely on mall traffic — also will turn out to be ghost businesses.If you own a small business, you might be wondering whether you should stick around in a declining sector. But what exactly can you do? You’ve already signed a lease, you have a lot of money invested in equipment, and it is hardly possible to start up a new business in the meantime. So you wait, in the process contributing to an image of diverse commercial activity that does not quite correspond to the long-term picture.Another less visible effect is that fewer replacement firms and small businesses are on the way. Covid-19 aside, small businesses have a natural life cycle, with many of them disappearing once the owner retires. Such retirements are more likely now (not just because business is bad, but because being out on the floor involves a health risk). But how will new businesses arise to take their place? It is harder to meet new business partners, harder to line up financing, harder to identify qualified assistants and staff — and consumer spending is down, too.And while an all-but-certain death awaits some businesses, others can look forward to mere stagnation. If you are a 23-year-old entrepreneur, how easy will it be to build up the network of “soft ties” that will help you launch the next phase of your career?As many marginal businesses are going under, it is quite possible that the public-health situation will improve. Civic spaces will repopulate as commercial ones depopulate, giving urban landscapes a confusing feel. And because there will be fewer businesses to choose from, it will be all the harder for those remaining to enforce social distancing.Many Americans have been clamoring lately for more freedom, and those desires are understandable. But as they emerge from lockdown, they might well be disappointed to discover that, above all else, what people will be exercising is the freedom to go out of business.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tyler Cowen is a Bloomberg Opinion columnist. He is a professor of economics at George Mason University and writes for the blog Marginal Revolution. His books include "Big Business: A Love Letter to an American Anti-Hero."For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Yelp Inc (YELP) Q1 2020 Earnings Call Transcript
    Motley Fool

    Yelp Inc (YELP) Q1 2020 Earnings Call Transcript

    Image source: The Motley Fool. Yelp Inc (NYSE: YELP)Q1 2020 Earnings CallMay 7, 2020, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to the Yelp First Quarter 2020 Earnings Conference Call.

  • Yelp's (YELP) Q1 Loss Wider Than Expected, Revenues Up Y/Y
    Zacks

    Yelp's (YELP) Q1 Loss Wider Than Expected, Revenues Up Y/Y

    Coronavirus-led lockdowns and restrictions on public life and businesses hurt Yelp's (YELP) Q1 results.

  • Yelp (YELP) Reports Q1 Loss, Tops Revenue Estimates
    Zacks

    Yelp (YELP) Reports Q1 Loss, Tops Revenue Estimates

    Yelp (YELP) delivered earnings and revenue surprises of -144.44% and 5.80%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Yelp Reports First Quarter 2020 Financial Results
    Business Wire

    Yelp Reports First Quarter 2020 Financial Results

    Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today posted its financial results for the first quarter ended March 31, 2020 in the Q1 2020 Shareholder Letter available on its Investor Relations website at www.yelp-ir.com.

  • Sell These Toxic Stocks to Avoid Portfolio Bleeding
    Zacks

    Sell These Toxic Stocks to Avoid Portfolio Bleeding

    Figuring out toxic stocks and abandoning them at the right time is the key to shield your portfolio from big losses.

  • Yelp is making it easier for businesses to highlight their virtual services
    TechCrunch

    Yelp is making it easier for businesses to highlight their virtual services

    As businesses struggle to reinvent themselves in the midst of the COVID-19 pandemic, Yelp is launching new features to help highlight these changes. For one thing, it's adding a new information category called virtual service offerings, which will allow businesses to showcase the fact that they're providing things like virtual consultations, classes, tours and performances. Then anyone browsing Yelp can search for those categories.

  • Is Yelp Stock a Buy?
    Motley Fool

    Is Yelp Stock a Buy?

    With shares that have drastically lagged the market and a potential boost to revenue in the second half of the year, is Yelp worth a look?

  • Earnings Preview: Yelp (YELP) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: Yelp (YELP) Q1 Earnings Expected to Decline

    Yelp (YELP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Why Yelp Stock Spiked Today
    Motley Fool

    Why Yelp Stock Spiked Today

    Shares of the online-recommendation specialist gained on a better-than-expected earnings report from Alphabet.

  • Shareholder Alert: Robbins LLP Is Investigating the Officers and Directors of Yelp Inc. (YELP)
    Business Wire

    Shareholder Alert: Robbins LLP Is Investigating the Officers and Directors of Yelp Inc. (YELP)

    Shareholder rights law firm Robbins LLP announces that it is investigating the officers and directors of Yelp Inc. (NYSE: YELP) for breaches of fiduciary duties, unjust enrichment, and violations of the Securities Exchange Act of 1934. Yelp operates a platform that connects consumers with local businesses.

  • Yelp Economic Average Reveals Rapid Business Closures During COVID-19 in Q1 2020
    Business Wire

    Yelp Economic Average Reveals Rapid Business Closures During COVID-19 in Q1 2020

    Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today released first quarter data for the Yelp Economic Average (YEA) report, a benchmark of local economic strength in the U.S. Given the unprecedented changes brought by the coronavirus (COVID-19), the report has been adapted to reveal the dramatic shifts we’re currently seeing in local economies through a variety of indicators since the start of 2020. YEA found that business closure rates rose by 200% or more in metros and states across the U.S and consumer interest in local businesses fell, by 50% or more in many categories, in a span of two weeks. The report also observed that some businesses saw a surge in interest, including fitness and exercise equipment (up 437% in seasonally adjusted share of relevant page views, reviews, and photos since March 10), community-supported agriculture (up 407%), and guns and ammo (up 191%).

  • Yelp Announces Date of First Quarter 2020 Financial Results
    Business Wire

    Yelp Announces Date of First Quarter 2020 Financial Results

    Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended March 31, 2020 after the market closes on Thursday, May 7, 2020.

  • Coronavirus-Led Global Lockdown Hits Sabre (SABR) Q1 Revenues
    Zacks

    Coronavirus-Led Global Lockdown Hits Sabre (SABR) Q1 Revenues

    Coronavirus-led lockdown hits the travel industry hard, in turn hurting Sabre's (SABR) global travel bookings, financial condition and operating results in Q1.

  • Yelp (YELP) to Cut Jobs to Stay Afloat Amid Coronavirus Crisis
    Zacks

    Yelp (YELP) to Cut Jobs to Stay Afloat Amid Coronavirus Crisis

    Yelp (YELP) to lay off and furlough more than 2,000 employees in an effort to save cost and stay afloat amid the coronavirus pandemic.

  • Yelp lays off 1,000 employees and furloughs 1,100 more
    TechCrunch

    Yelp lays off 1,000 employees and furloughs 1,100 more

    Yelp co-founder and CEO Jeremy Stoppelman announced in an internal email that the company is going through difficult times. Yelp has to cut expenses, which means a large round of layoffs and some additional measures -- 1,000 employees have been laid off. According to an SEC filing, Yelp had 5,950 employees as of December 31, 2019.

  • Coronavirus: Food delivery is 300 times more popular vs. a month ago, according to Yelp data
    Yahoo Finance

    Coronavirus: Food delivery is 300 times more popular vs. a month ago, according to Yelp data

    Yelp's chief data scientist says that the coronavirus is reshaping 'every corner' of the U.S. economy. Dine-in restaurants and the massage industry are being hit very hard, while takeout-focused restaurants are 300x more popular than usual.

  • Yelp pauses GoFundMe Covid-19 fundraising after opt-out outcry
    TechCrunch

    Yelp pauses GoFundMe Covid-19 fundraising after opt-out outcry

    A fundraising program that Yelp and GoFundMe put in place this week to help local businesses impacted by the Covid-19 pandemic has been paused after public outcry over how it was rolled out -- specifically, controversy over how the two provided no easy and quick way to opt out of the fundraising. Yelp's initial announcement was a little vague about how "participating" businesses would be signed up, and TechCrunch mistakenly wrote about it as if business owners would have to opt-in participate. Turns out that the fundraising campaigns appeared automatically with company profiles on Yelp.

  • What Is Yelp's (NYSE:YELP) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is Yelp's (NYSE:YELP) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, Yelp (NYSE:YELP) shares are down a considerable 37% in the last month. That...

  • Yelp and GoFundMe team up to promote local business fundraisers
    TechCrunch

    Yelp and GoFundMe team up to promote local business fundraisers

    Following the announcement that it's committing $25 million in waived fees and free services to support local businesses affected by the COVID-19 pandemic, Yelp announced a new effort this morning: a partnership with GoFundMe that will bring Donate buttons to businesses' Yelp profiles. Yelp says that its data shows that U.S. consumer interest in restaurants has fallen 67% since March 10, while businesses like yoga studios and breweries have seen large decreases of 78% and 85%, respectively. There have been some ad hoc efforts around buying gift cards as a way to support local businesses, but GoFundMe campaigns offer a more direct and straightforward tool for — as Yelp puts it — "loyal customers [who] want to help them weather this unprecedented crisis and are looking for ways to make an immediate impact."

  • Sabre to Cut Salary, Suspend Dividend Amid Coronavirus Mayhem
    Zacks

    Sabre to Cut Salary, Suspend Dividend Amid Coronavirus Mayhem

    Sabre (SABR) announces multiple preemptive measures, including pay cuts, and suspension of dividend and share-buyback programs, to preserve cash and improve liquidity.

  • Yelp commits $25M in waived fees and free services to local restaurants and nightlife
    TechCrunch

    Yelp commits $25M in waived fees and free services to local restaurants and nightlife

    Yelp announced this morning that it's making a number of changes in response to the COVID-19 pandemic. First, it says it will be providing $25 million to local restaurants and nightlife businesses that are seeing a massive drop in business as a result of the crisis. This might not seem quite as helpful as cash grants that allow businesses to pay their bills, but Yelp's data suggests that businesses are going to need help reaching customers as consumer interest in restaurants has fallen by 54% and 60% for nightlife businesses.

  • Yelp (YELP) Withdraws 2020 Guidance Amid Coronavirus Scare
    Zacks

    Yelp (YELP) Withdraws 2020 Guidance Amid Coronavirus Scare

    Yelp (YELP) withdraws its recently provided guidance for the first quarter and 2020, given the uncertainty concerning the coronavirus and its unpredictable impact on economies.

  • Yelp Withdraws First Quarter and Full-Year 2020 Business Outlook Due to COVID-19
    Business Wire

    Yelp Withdraws First Quarter and Full-Year 2020 Business Outlook Due to COVID-19

    Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, announced today that it is withdrawing its first quarter and full-year 2020 Business Outlook provided in its Shareholder Letter on February 13, 2020 due to heightened uncertainty related to COVID-19 and its impact on local economies and consumer activity.