Stock Rating Downgrade
In the last week the Value Trend Rating for Yelp Inc (NYSE: YELP) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 12/22/23, Yelp Inc (NYSE: YELP) stock rose modestly by 0.4%, closing at $48.43. However, this advance was accompanied by below average trading volume at 73% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.8% during the last week.
Current PriceTarget Research Rating
YELP's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Yelp has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. Yelp has a poor Appreciation Score of 30 but a very high Power Rating of 96, with the High Neutral Value Trend Rating the result.