Analysts who follow Yelp Inc (YELP) on average expect it to lose -4.44% over the next twelve months. Those same analysts give the stock an average rating of Hold.
That average rating earns YELP an Analyst Ranking of 4, which means it ranks higher than 4 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating YELP a Hold today. Find out what this means to you and get the rest of the rankings on YELP!
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Yelp Inc Stock Today?
Yelp Inc (YELP) stock is trading at $37.02 as of 3:06 PM on Thursday, Aug 11, a decline of -$1.52, or -3.94% from the previous closing price of $38.54. The stock has traded between $36.95 and $39.16 so far today. Volume today is 781,679 compared to average volume of 831,218.
Click Here to get the full Stock Report for Yelp Inc stock.