Yext, Inc. (NYSE:YEXT - Get Free Report) traded up 4% during mid-day trading on Tuesday . The company traded as high as $6.11 and last traded at $6.14. 108,782 shares changed hands during trading, a decline of 88% from the average session volume of 886,111 shares. The stock had previously closed at $5.91.
Analyst Ratings Changes
A number of research analysts have recently commented on YEXT shares. Roth Mkm reiterated a "buy" rating and issued a $9.50 price objective (down previously from $10.50) on shares of Yext in a report on Wednesday, February 26th. Needham & Company LLC restated a "buy" rating and set a $10.00 price objective on shares of Yext in a research report on Thursday, April 3rd.
Read Our Latest Analysis on YEXT
Yext Stock Performance
The business has a 50-day moving average of $6.28 and a 200-day moving average of $6.77. The stock has a market capitalization of $773.46 million, a price-to-earnings ratio of -40.77 and a beta of 1.20.
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 business had revenue of $113.09 million for the quarter, compared to analysts' expectations of $112.77 million. Yext had a negative return on equity of 11.10% and a negative net margin of 4.64%. On average, research analysts predict that Yext, Inc. will post -0.12 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Yext
A number of hedge funds and other institutional investors have recently bought and sold shares of YEXT. Wilmington Savings Fund Society FSB purchased a new stake in shares of Yext in the third quarter valued at about $38,000. KBC Group NV purchased a new stake in Yext in the 4th quarter valued at approximately $47,000. O Shaughnessy Asset Management LLC acquired a new position in Yext during the 4th quarter worth approximately $64,000. EntryPoint Capital LLC purchased a new position in shares of Yext during the 4th quarter worth approximately $67,000. Finally, Virtu Financial LLC acquired a new stake in shares of Yext in the 4th quarter valued at approximately $67,000. 70.98% of the stock is currently owned by hedge funds and other institutional investors.
Yext Company Profile
(
Get Free Report)
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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