Yext (NYSE:YEXT) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Analysts give Yext a consensus “Hold” rating (1 sell, 3 hold, 2 buy) with an average 12‑month price target of $7.50, and several firms recently lowered ratings and price targets (e.g., Roth MKM, Weiss, B. Riley).
• Yext’s latest quarter showed a slight EPS beat ($0.15 vs. $0.14) but revenue missed at $112.0M (vs. $114.21M) and was down 1% year‑over‑year, with analysts expecting -$0.12 EPS for the current fiscal year.
• The stock is trading near the lower end of its 52‑week range (opened $5.54; 52‑week low/high $4.66/$9.20), with a market cap of about $683M, a P/E of ~92, and roughly 71% institutional ownership.

Shares of Yext (NYSE:YEXT - Get Free Report) have been given a consensus rating of "Hold" by the six analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $7.50.

YEXT has been the subject of a number of analyst reports. Roth Mkm cut shares of Yext from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $9.50 to $6.00 in a research note on Wednesday, March 11th. Weiss Ratings lowered shares of Yext from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, March 2nd. DA Davidson reiterated a "neutral" rating and issued a $6.00 target price on shares of Yext in a report on Wednesday, March 11th. Wall Street Zen lowered shares of Yext from a "buy" rating to a "hold" rating in a research report on Sunday. Finally, B. Riley Financial decreased their price target on shares of Yext from $10.00 to $8.00 and set a "buy" rating for the company in a report on Tuesday, March 10th.

Institutional Trading of Yext

Several hedge funds have recently added to or reduced their stakes in YEXT. Clearstead Advisors LLC grew its holdings in Yext by 147.1% in the 4th quarter. Clearstead Advisors LLC now owns 4,677 shares of the company's stock valued at $38,000 after buying an additional 2,784 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Yext during the third quarter worth approximately $48,000. Landscape Capital Management L.L.C. acquired a new position in shares of Yext during the fourth quarter worth approximately $82,000. MQS Management LLC bought a new stake in shares of Yext in the fourth quarter valued at approximately $86,000. Finally, Optas LLC bought a new stake in shares of Yext in the fourth quarter valued at approximately $88,000. Institutional investors own 70.98% of the company's stock.

Yext Stock Performance

Shares of NYSE YEXT opened at $5.54 on Wednesday. The business's 50-day simple moving average is $6.24 and its 200-day simple moving average is $7.70. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.07. Yext has a 52 week low of $4.66 and a 52 week high of $9.20. The firm has a market cap of $682.74 million, a price-to-earnings ratio of 92.27 and a beta of 1.01.

Yext (NYSE:YEXT - Get Free Report) last posted its earnings results on Monday, March 9th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. Yext had a return on equity of 29.61% and a net margin of 8.48%.The firm had revenue of $112.00 million during the quarter, compared to analyst estimates of $114.21 million. During the same period in the previous year, the company earned $0.13 EPS. The company's revenue for the quarter was down 1.0% on a year-over-year basis. As a group, equities research analysts expect that Yext will post -0.12 earnings per share for the current fiscal year.

About Yext

Yext, Inc is a software-as-a-service company that provides a platform for digital knowledge management. Its core offering enables businesses to centrally manage and synchronize public-facing information—such as location details, product descriptions and service offerings—across a network of search engines, mapping services, voice assistants and third-party directories.

The Yext platform is built around a proprietary Knowledge Graph, which stores and structures data to ensure consistency and accuracy.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.