The Motley Fool has no position in any of the stocks mentioned. Jon Quast has no position in any of the stocks mentioned. *Stock Advisor returns as of July 27, 2022 Yelp is an online platform that connects people with local businesses. and Yelp wasn't one of them! That's right - they think these 10 stocks are even better buys. They just revealed what they believe are the ten best stocks for investors to buy right now. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* When our award-winning analyst team has a stock tip, it can pay to listen. Therefore, it's in a great position going forward. And it has $421 million in cash and equivalents with no debt. In Q2, its net income doubled to $8 million. Of final import for investors is Yelp's solid financial footing. ![]() This is about 15% year-over-year growth on the low end and suggests its monetization strategy is expected to keep working for the remainder of 2022. With the Q2 report, Yelp raised its full-year guidance by $20 million to a range of $1.18 billion to $1.2 billion. However, if the company can continue improving its monetization like it did in Q2, that could quickly change. But other than this, Wall Street didn't take much notice. Evercore ISI analyst Shweta Khajuria raised Yelp stock's price target from $35 per share to $41 per share, according to The Fly. Yelp is an under-followed small-cap stock. Q2 cost per click was up a whopping 32% year over year, which led to the revenue increase. However, Yelp's ad monetization is improving, meaning it's making more per click. Looked at in isolation, this is a bad thing - ideally, clicks would go up and up. Perhaps most surprising about Yelp's results was that ad clicks were down 11% year over year. The company generated net revenue of $299 million, up 16% year over year and far ahead of the $290 million at the high end of management's guidance. ![]() Many companies that generate revenue this way struggled in the second quarter. and 95% of total revenue was generated through advertisements. Yelp is a local-business review platform, with 99% of 2021 revenue coming from the U.S. And don't look now, but with today's gains, Yelp stock is actually beating the market average over the past year. This means options traders are pricing in low volatility expectations at the moment, and premiums are affordable.Shares of Yelp (NYSE: YELP) surged higher on Friday after financial results for the second quarter of 2022 beat expectations and management raised guidance for the rest of the year. Now looks like a good time to weigh on Yelp stock with options, too, per its Schaeffer's Volatility Index (SVI) of 32%, which stands in the low 10th percentile of its annual range. Options traders are fiercely bullish, per YELP's 10-day call/put volume ratio of 43.27 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which stands higher all but 1% of from the last 12 months. ![]() Shares saw a series of bull gaps after pulling back to the $26 level to start off the month, and now boast an 18.9% lead in 2023. The equity is trading at its highest level so far this year, as it paces for its biggest single-day percentage gain since early November and consolidates above the 320-day moving average. The activist investor, which is among Yelp's top shareholders, noted the stock is "shockingly undervalued" and could be sold for more than double its share price. The shares of Yelp Inc (NYSE:YELP) are up 9.8% at $35.69 at last check, after TCS Capital Management asked the company to explore strategic options, including a sale or merger with internet services concern Angi (ANGI).
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