IB Net Payout Yields Model

Yelp Q4'18 Earnings - Live Updates

After the close, Yelp (YELP) reported Q4 numbers that beat estimates. In addition, the company established these 2023 goals.

The amazing part is the potential for a $500 million share buybacks for a company with a market cap of around $3 billion. Yelp ended December with a cash balance of $756 million and generated $160 million in cash from operations.

With an enterprise value of slightly above $2 billion and revenue targets over $1 billion, the company should snap up shares left and right.

Update 2/14 10am est
The Citi downgrade crushed any hope for Yelp rallying today. Use any weakness to buy this cheap stock at an EV/S of 2x with a large stock buyback limiting the downside.

- Citi downgrades Yelp (NYSE:YELP) from Buy to Neutral citing the "disappointing" 2019 forecast. Yelp guided revenue growth of 8% to 10% compared to the 10.5% consensus.

More research - WhoTrades

Disclosure: Long Yelp.Please review the disclaimer page for more details.


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