In yesterday’s Wall Street session, Yext Inc (NYSE:YEXT) shares traded at $5.37, down -2.89% from the previous session.
As of this writing, 5 analysts cover Yext Inc (NYSE:YEXT). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $9.00 and a low of $6.50, we find $8.00. Given the previous closing price of $5.53, this indicates a potential upside of 44.67 percent. YEXT stock price is now -14.74% away from the 50-day moving average and -35.60% away from the 200-day moving average. The market capitalization of the company currently stands at $666.26M.
There are 4 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $7.83 as their price target over the next twelve months.
With the price target of $11, B. Riley Securities recently initiated with Neutral rating for Yext Inc (NYSE: YEXT).
In other news, Shin Ho, General Counsel sold 15,000 shares of the company’s stock on Sep 22. The stock was sold for $93,012 at an average price of $6.20. Upon completion of the transaction, the General Counsel now directly owns 112,477 shares in the company, valued at $0.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 07, General Counsel Shin Ho sold 6,000 shares of the business’s stock. A total of $61,645 was realized by selling the stock at an average price of $10.27. This leaves the insider owning 114,224 shares of the company worth $0.61 million. Insiders disposed of 410,677 shares of company stock worth roughly $2.21 million over the past 1 year. A total of 18.76% of the company’s stock is owned by insiders.
Thursday morning saw Yext Inc (NYSE: YEXT) opened at $5.49. During the past 12 months, Yext Inc has had a low of $5.37 and a high of $14.35. As of last week, the company has a debt-to-equity ratio of 0.80, a current ratio of 1.26, and a quick ratio of 1.26. The fifty day moving average price for YEXT is $6.30 and a two-hundred day moving average price translates $8.34 for the stock.
The latest earnings results from Yext Inc (NYSE: YEXT) was released for Jul, 2021. According to the Software – Infrastructure Company, earnings per share came in at $0.06, inline with analysts’ expectations of $0.06. This compares to -$0.10 EPS in the same period last year. The net profit margin was -2.99% and return on equity was -9.10% for YEXT. The company reported revenue of $101.16 million for the quarter, compared to $99.28 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.9 percent. For the current quarter, analysts expect YEXT to generate $102.16M in revenue.
