YELP

Yelp Inc

TMT


Presented:10/27/2015
Price:$22.07
Cap:$1.66B
Current Price:$34.90
Cap:$2.34B

Presented

Date10/27/2015
Price$22.07
Market Cap$1.66B
Ent Value$1.26B
P/E Ratio81.74x
Book Value$9.23
Div Yield0%
Shares O/S75.02M
Ave Daily Vol3,481,500
Short Int13.97%

Current

Price$34.90
Market Cap$2.34B
Yelp, Inc. hosts an online database of user-generated reviews of local businesses. It provides reviews on local businesses, which include restaurants, boutiques and salons, dentists, mechanics and plumbers. The company provides multiple free and paid advertising solutions to engage with consumers, including free online business accounts, search advertising and Yelp Deals. Yelp was founded in July 2004 by Jeremy Stoppelman and Russ Simmons and is headquartered in San Francisco, CA.

This idea was presented at the Excellence in Investing Conference, San Francisco on 10/27/2015.
Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Amazon.com Inc (AMZN), Facebook Inc (FB), Yelp Inc (YELP)

Highlights

The presenter said he is always “mining the internet space for opportunities,” and believes Yelp’s large (and increasing) user numbers will prove profitable as the company better adjusts its monetization strategies. He believes current investor pessimism is unwarranted, and patient shareholders will be “rewarded” as Yelp continues scaling out. Despite being one of the more “embattled” names in the space, Yelp’s shares may eventually appreciate to ~$65, with added upside from potential strategic interest.

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Idea Discussion

Commentor 1 - 2 weeks ago

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