Market News

Yelp Inc. (YELP) Reaches $45.81 After 3.00% Up Move; Franklin Electric Co., Inc. (FELE) Covered By 2 Bullish Analysts Last Week

Franklin Electric Co., Inc. (NASDAQ:FELE) Logo

Among 6 analysts covering Franklin Electric (NASDAQ:FELE), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Franklin Electric had 14 analyst reports since September 30, 2015 according to SRatingsIntel. On Friday, June 10 the stock rating was downgraded by Seaport Global to “Neutral”. The firm has “Sell” rating by Ladenburg Thalmann given on Tuesday, December 22. Alembic initiated it with “Overweight” rating and $32 target in Wednesday, September 30 report. The firm has “Buy” rating given on Tuesday, July 25 by Boenning & Scattergood. The stock of Franklin Electric Co., Inc. (NASDAQ:FELE) earned “Neutral” rating by Robert W. Baird on Wednesday, October 25. The rating was upgraded by Boenning & Scattergood on Monday, July 11 to “Outperform”. Robert W. Baird maintained the shares of FELE in report on Wednesday, April 4 with “Hold” rating. The rating was maintained by Wedbush on Wednesday, February 24 with “Neutral”. The company was initiated on Thursday, October 15 by Boenning & Scattergood. The stock of Franklin Electric Co., Inc. (NASDAQ:FELE) earned “Neutral” rating by Ladenburg Thalmann on Tuesday, January 12. See Franklin Electric Co., Inc. (NASDAQ:FELE) latest ratings:

04/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $48.0000 Maintain
13/12/2017 Broker: Robert W. Baird Rating: Hold New Target: $49.0 Maintain
25/10/2017 Broker: Robert W. Baird Rating: Neutral Old Target: $45 New Target: $47 Maintain

The stock of Yelp Inc. (NYSE:YELP) is a huge mover today! The stock increased 3.71% or $1.64 during the last trading session, reaching $45.81. About 522,939 shares traded. Yelp Inc. (NYSE:YELP) has risen 27.04% since April 17, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.The move comes after 8 months positive chart setup for the $3.82B company. It was reported on Apr, 17 by Barchart.com. We have $47.18 PT which if reached, will make NYSE:YELP worth $114.72M more.

Investors sentiment increased to 1.33 in Q4 2017. Its up 0.48, from 0.85 in 2017Q3. It is positive, as 37 investors sold Yelp Inc. shares while 49 reduced holdings. 44 funds opened positions while 70 raised stakes. 60.57 million shares or 0.90% more from 60.04 million shares in 2017Q3 were reported. Pnc Fin Svcs Grp owns 600 shares. Goldman Sachs Group Incorporated Incorporated has invested 0.01% in Yelp Inc. (NYSE:YELP). Millennium Mgmt Ltd Liability Corporation owns 510,262 shares or 0.03% of their US portfolio. The New York-based State Common Retirement Fund has invested 0% in Yelp Inc. (NYSE:YELP). Schroder Invest Group invested in 0.02% or 306,892 shares. Principal Financial Grp Inc Incorporated reported 48,045 shares. Legal And General Gru Public Limited Liability Corporation invested in 0% or 35,058 shares. Peak6 Investments L P has 0.01% invested in Yelp Inc. (NYSE:YELP). 2,600 were reported by Edge Wealth Mgmt. Landscape Mngmt Limited Liability Com reported 0.13% of its portfolio in Yelp Inc. (NYSE:YELP). Fuller Thaler Asset Inc invested in 0.12% or 233,650 shares. 16,833 are held by Quantitative Systematic Strategies Ltd Limited Liability Company. Jacobs Levy Equity has invested 0.1% in Yelp Inc. (NYSE:YELP). Sei Invests holds 0.07% in Yelp Inc. (NYSE:YELP) or 480,597 shares. Pacad Inv Ltd invested 0.11% of its portfolio in Yelp Inc. (NYSE:YELP).

Yelp Inc. operates a platform that connects people with local businesses in the United States, Canada, and internationally. The company has market cap of $3.82 billion. The Company’s platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others. It has a 26.18 P/E ratio. The firm provides free and paid business listing services to businesses, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile application.

Among 47 analysts covering Yelp (NYSE:YELP), 22 have Buy rating, 5 Sell and 20 Hold. Therefore 47% are positive. Yelp had 156 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, June 21 by Jefferies. Deutsche Bank upgraded Yelp Inc. (NYSE:YELP) on Monday, June 20 to “Buy” rating. The stock has “Hold” rating by Cowen & Co on Wednesday, October 11. As per Thursday, August 27, the company rating was upgraded by B. Riley & Co. The stock of Yelp Inc. (NYSE:YELP) earned “Outperform” rating by Credit Suisse on Thursday, November 2. The firm earned “Hold” rating on Friday, August 4 by Piper Jaffray. The firm has “Sell” rating given on Monday, July 31 by Roth Capital. As per Thursday, November 2, the company rating was maintained by Jefferies. The stock of Yelp Inc. (NYSE:YELP) has “Sell” rating given on Thursday, February 8 by Piper Jaffray. The company was maintained on Tuesday, September 5 by KeyBanc Capital Markets.

Since October 17, 2017, it had 0 insider buys, and 29 sales for $12.95 million activity. $606,676 worth of stock was sold by Nachman Joseph R on Tuesday, February 20. The insider Donaker Geoffrey L sold 6,000 shares worth $260,700. Stoppelman Jeremy sold 13,000 shares worth $561,935. The insider Wilson Laurence sold 25,000 shares worth $1.10M.

Analysts await Yelp Inc. (NYSE:YELP) to report earnings on May, 8. They expect $-0.06 EPS, 0.00% or $0.00 from last year’s $-0.06 per share. After $-0.09 actual EPS reported by Yelp Inc. for the previous quarter, Wall Street now forecasts -33.33% EPS growth.

Since October 26, 2017, it had 0 buys, and 4 insider sales for $810,133 activity. On Thursday, October 26 the insider Kenney Donald P sold $213,930. 2,500 shares valued at $106,250 were sold by Haines John J on Friday, March 16. $435,937 worth of Franklin Electric Co., Inc. (NASDAQ:FELE) was sold by davis delancey w on Friday, March 9.

Franklin Electric Co., Inc., together with its subsidiaries, designs, makes, and distributes water and fuel pumping systems worldwide. The company has market cap of $2.02 billion. It operates in two divisions, Water Systems and Fueling Systems. It has a 26.33 P/E ratio. The Water Systems segment offers motors, pumps, electronic controls, and related parts and equipment.

The stock increased 1.16% or $0.5 during the last trading session, reaching $43.45. About 20,197 shares traded. Franklin Electric Co., Inc. (NASDAQ:FELE) has declined 2.56% since April 17, 2017 and is downtrending. It has underperformed by 14.11% the S&P500.

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.14, from 1.24 in 2017Q3. It improved, as 10 investors sold Franklin Electric Co., Inc. shares while 48 reduced holdings. 27 funds opened positions while 53 raised stakes. 35.27 million shares or 0.28% less from 35.37 million shares in 2017Q3 were reported. Royal Bank & Trust Of Canada holds 1,706 shares or 0% of its portfolio. 247,747 are held by Bancshares Of America Corporation De. First Manhattan has invested 0.01% in Franklin Electric Co., Inc. (NASDAQ:FELE). Bnp Paribas Arbitrage Sa holds 0% or 17,920 shares. Proshare Advsrs reported 0.06% stake. Amalgamated Bancorp holds 0.01% or 6,692 shares. First Bancshares Of Omaha reported 84,321 shares. Oppenheimer Asset Mgmt Inc has invested 0.05% in Franklin Electric Co., Inc. (NASDAQ:FELE). Signature Management Inc reported 16,000 shares. 10,160 are held by Atlantic Trust Group Ltd Limited Liability Company. Pub Employees Retirement Systems Of Ohio stated it has 0% in Franklin Electric Co., Inc. (NASDAQ:FELE). 200 are held by Strs Ohio. Dubuque Financial Bank And Trust Com reported 0.04% in Franklin Electric Co., Inc. (NASDAQ:FELE). Vaughan Nelson Invest Mgmt Lp owns 974,400 shares for 0.52% of their portfolio. Aperio Grp Limited owns 23,038 shares.

Yelp Inc. (NYSE:YELP) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *