Yelp: An Incredible Gift

Aug. 17, 2021 5:23 PM ETYelp Inc. (YELP) StockANGI, YELP25 Comments

Summary

  • Yelp smashed Q2'21 earnings estimates as the business recovers to pre-covid levels.
  • The company is now more profitable on an adjusted EBITDA basis than back in 2019.
  • The stock trades at less than 9x '22 EV/EBITDA targets.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »

Yelp Opens Its East Coast Headquarters In New York City
Spencer Platt/Getty Images News

Despite a strong rebound in traffic and advertising demand, Yelp (NYSE:YELP) failed to sustain a rally following Q2'21 earnings. The stock is perpetually cheap, so a struggle to break free of recent strong

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Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of YELP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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