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.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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.
