Yelp(YELP)
Search documents
Here is Why Growth Investors Should Buy Yelp (YELP) Now
ZACKS· 2024-09-04 17:45
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging. Yelp (YELP) is highlighted as a promising growth stock based on its favorable Growth Score and top Zacks Rank [1][6]. Earnings Growth - Yelp has a historical EPS growth rate of 32.4%, with projected EPS growth of 22.1% for the current year, significantly outperforming the industry average of 12.1% [3]. Asset Utilization Ratio - Yelp's asset utilization ratio stands at 1.38, indicating that the company generates $1.38 in sales for every dollar in assets, compared to the industry average of 0.69. Additionally, Yelp's sales are expected to grow by 6.2% this year, while the industry average is 0% [4]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Yelp, with the Zacks Consensus Estimate for the current year increasing by 10.9% over the past month, contributing to its Zacks Rank 1 status [5][6].
Yelp (YELP) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-09-04 17:01
Yelp (YELP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changi ...
Yelp vs. Google: An antitrust court fight plays out in San Francisco
TechXplore· 2024-09-04 11:46
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain For years, Yelp has complained about Google's practices, alleging that the tech giant placed its own products above competitors in Google search results. Yelp says when a customer searches, say, for "restaurants in Brooklyn," Google prioritizes putting its own summary and ratings above non-sponsored r ...
Google Sued by Yelp for Dominating Local Search Results
CNET· 2024-08-31 14:20
Yelp has filed an antitrust suit against Google, alleging the tech giant's search engine dominance allows it to engage in unfair business practices against local search competitors.Yelp, which features reviews and information such as menus and operating hours for businesses like restaurants and cleaning services, filed suit against Google in a San Francisco federal court."Abandoning its stated mission to deliver the best information to users, Google has illegally abused its monopoly in general search to dom ...
Yelp Is Suing Google—What You Need To Know
Investopedia· 2024-08-29 17:01
KEY TAKEAWAYSBusiness review site Yelp sued Alphabet's Google in a San Francisco federal court, claiming the search giant uses its dominance to steer users to its own content.Yelp is seeking an order for Google to stop practices it says are anticompetitive, as well as unspecified monetary damages.The move comes just weeks after a federal judge ruled that Google violated antitrust laws by maintaining an illegal monopoly in search, a ruling the tech giant is appealing.Google said Yelp's claims aren't new and ...
Yelp Sues Google for Dominating Local Search Results
CNET· 2024-08-29 16:19
Core Viewpoint - Yelp has filed an antitrust lawsuit against Google, alleging that Google's dominance in search enables unfair business practices against local-search competitors [1] Group 1: Yelp's Allegations - Yelp claims that Google has abandoned its mission to provide the best information to users and has illegally abused its monopoly in general search to dominate local search and advertising markets [1] - The CEO of Yelp, Jeremy Stoppelman, stated that Google's dominance in both general and localized search, especially on mobile devices, allows it to direct users to its own listings, negatively impacting consumers, competitors, and advertisers [1] Group 2: Google's Response - Google spokesperson Peter Schottenfels remarked that Yelp's claims are not new and have been dismissed in the past by the FTC and a judge in the DOJ's case [2] - Google plans to vigorously defend against what it describes as Yelp's meritless claims [2] Group 3: Context of the Lawsuit - The timing of Yelp's lawsuit is influenced by a recent federal judge's decision in a significant monopoly case, where Google was found to have maintained a monopoly through practices such as paying companies to make Google the default search engine on devices [2] - The outcome of this ruling remains uncertain, with the possibility that the government could require Google to break up its search business [2] Group 4: Ongoing Legal Issues for Google - Over the past year, Google has faced class-action lawsuits and settlements related to browser privacy, tracking, and user search data handling [3] - Two years prior, Google lost an appeal concerning antitrust issues related to its Android mobile operating system in Europe [3]
Yelp claims Google uses search monopoly to tout its own reviews, ‘starve' rivals: lawsuit
New York Post· 2024-08-29 16:14
Yelp slapped Google with an antitrust lawsuit that accuses the search giant of leveraging an illegal monopoly to promote its own reviews at the expense of rivals – just weeks after a federal judge ruled that the Big Tech company was a “monopolist.”The lawsuit claims Google relies on its dominant hold on general search to “divert traffic away from those rivals and toward Google’s own inferior local search product,” according to the complaint filed in federal court in San Francisco on Wednesday.Yelp, a longti ...
Is Yelp (YELP) a Great Value Stock Right Now?
ZACKS· 2024-08-20 14:41
Core Viewpoint - The article emphasizes the importance of value investing and highlights Yelp (YELP) as a strong candidate for value investors due to its favorable valuation metrics and earnings outlook [1]. Group 1: Company Overview - Yelp (YELP) currently holds a Zacks Rank of 2 (Buy) and has a Value grade of A, indicating strong potential for value investors [2]. - The stock is trading at a P/E ratio of 17.93, significantly lower than the industry average P/E of 21.27, suggesting it may be undervalued [2]. - Over the past 12 months, YELP's Forward P/E has fluctuated between a high of 35.07 and a low of 17.93, with a median of 24.19 [2]. Group 2: Valuation Metrics - Yelp has a P/B ratio of 3.11, which is favorable compared to the industry average P/B of 6.51, indicating a solid valuation relative to its book value [2]. - YELP's P/B has ranged from a high of 4.48 to a low of 3.05 over the past year, with a median of 3.87 [2]. - The P/CF ratio for YELP stands at 10.69, which is significantly lower than the industry's average P/CF of 22.92, further supporting the notion that YELP is undervalued [3]. - Over the past 52 weeks, YELP's P/CF has varied between a high of 25.62 and a low of 10.49, with a median of 16.25 [3]. Group 3: Investment Outlook - The combination of YELP's strong earnings outlook and favorable valuation metrics positions it as one of the market's strongest value stocks, appealing to value investors [3].
3 Reasons Why Growth Investors Shouldn't Overlook Yelp (YELP)
ZACKS· 2024-08-16 17:45
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Yelp identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][6]. Group 1: Earnings Growth - Yelp has a historical EPS growth rate of 32.4%, with projected EPS growth of 19% for the current year, significantly outperforming the industry average of 10.5% [3]. Group 2: Asset Utilization Ratio - Yelp's asset utilization ratio stands at 1.38, indicating that the company generates $1.38 in sales for every dollar of assets, compared to the industry average of 0.69, showcasing superior efficiency [4]. Group 3: Sales Growth - The company's sales are expected to grow by 6.3% this year, while the industry average is stagnant at 0%, highlighting Yelp's strong sales growth potential [4]. Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Yelp have increased by 15.4% over the past month, indicating a positive trend in earnings estimate revisions, which is correlated with stock price movements [5]. Group 5: Overall Assessment - Yelp has achieved a Growth Score of B and a Zacks Rank of 2, reflecting its strong growth potential and positive earnings estimate revisions, making it a solid choice for growth investors [6][7].
Yelp: Slow And Steady Wins The Race
Seeking Alpha· 2024-08-09 21:40
Michael Vi The old adage told in children's stories that the "slow and steady" tortoise will win out over the overtiring hare is perhaps an apt analogy for today's stock market, which has seen massive recent outflows from growth stocks, particularly in AI. Amid heightened volatility, investors should be doubling down on value names that are still touting attractive growth drivers, and Yelp Inc. (NYSE:YELP), in my view, is one of those stocks. The company recently reported great Q2 results, a "beat and raise ...