Yext (NYSE:YEXT - Free Report) had its target price upped by DA Davidson from $7.50 to $8.25 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.
Several other equities research analysts have also issued reports on the stock. B. Riley raised shares of Yext from a "neutral" rating to a "buy" rating and boosted their price target for the company from $7.00 to $10.00 in a report on Wednesday. Needham & Company LLC restated a "buy" rating and set a $10.00 target price on shares of Yext in a research report on Wednesday. Finally, Roth Mkm restated a "buy" rating and set a $9.50 target price (down from $10.50) on shares of Yext in a research report on Wednesday, February 26th.
Read Our Latest Analysis on Yext
Yext Stock Up 0.9%
Shares of NYSE:YEXT traded up $0.08 during trading on Thursday, reaching $8.88. The stock had a trading volume of 2,018,942 shares, compared to its average volume of 906,187. Yext has a 52 week low of $4.29 and a 52 week high of $9.15. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -59.20 and a beta of 0.99. The stock has a fifty day simple moving average of $6.55 and a two-hundred day simple moving average of $6.66.
Yext (NYSE:YEXT - Get Free Report) last announced its earnings results on Wednesday, March 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.20). The company had revenue of $113.09 million for the quarter, compared to the consensus estimate of $112.77 million. Yext had a negative return on equity of 11.10% and a negative net margin of 4.64%. On average, analysts forecast that Yext will post -0.12 EPS for the current year.
Institutional Trading of Yext
A number of large investors have recently bought and sold shares of YEXT. New Age Alpha Advisors LLC bought a new position in shares of Yext during the 1st quarter worth approximately $43,000. KBC Group NV bought a new position in shares of Yext in the fourth quarter valued at $47,000. O Shaughnessy Asset Management LLC acquired a new stake in Yext during the 4th quarter valued at $64,000. Virtu Financial LLC bought a new position in Yext during the fourth quarter worth $67,000. Finally, EntryPoint Capital LLC bought a new position in Yext during the fourth quarter worth $67,000. 70.98% of the stock is owned by institutional investors.
About Yext
(
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Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.
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