Yext, Inc. is an emerging growth company engages in software development. It offers a cloud-based digital knowledge platform which allows businesses manage their digital knowledge in the cloud such as financial information, resources and performance of these resources on a consolidated basis and sync it to other application such as Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. It offers the Yext Knowledge Engine package on subscription basis which has an access to Listings, Pages, Reviews and other features. The Listing feature provides customers with control over their digital presence, including their location and other related attributes published on the used third-party applications. The Pages feature allows customers to establish landing pages on their own websites and to manage digital content on those sites, including calls to action. The Reviews presence enables customers to encourage and facilitate reviews from end consumers. The company was founded by Howard Lerman, Brent Metz, and Brian Distelburger in 2006 and is headquartered in New York, NY.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNYSE:YEXT
Previous Symbol
CUSIPN/A
Phone212-994-3900
Debt
Debt-to-Equity RatioN/A
Current Ratio1.46
Quick Ratio1.46
Price-To-Earnings
Trailing P/E Ratio-17.96
Forward P/E Ratio-18.40
P/E GrowthN/A
Sales & Book Value
Annual Sales$170.20 million
Price / Sales9.05
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.89 per share
Price / Book17.16
Profitability
EPS (Most Recent Fiscal Year)($0.85)
Net Income$-66,560,000.00
Net Margins-38.03%
Return on Equity-104.78%
Return on Assets-41.76%
Miscellaneous
Employees800
Outstanding Shares100,860,000
Market Cap$1.54 billion
OptionableOptionable
Yext (NYSE:YEXT) Frequently Asked Questions
What is Yext's stock symbol?
Yext trades on the New York Stock Exchange (NYSE) under the ticker symbol "YEXT."
How were Yext's earnings last quarter?
Yext Inc (NYSE:YEXT) issued its earnings results on Thursday, November, 29th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.21) by $0.04. The company earned $58.70 million during the quarter, compared to analysts' expectations of $58.39 million. Yext had a negative return on equity of 104.78% and a negative net margin of 38.03%. The company's revenue for the quarter was up 32.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.12) EPS. View Yext's Earnings History.
When is Yext's next earnings date?
What guidance has Yext issued on next quarter's earnings?
Yext issued an update on its FY19 earnings guidance on Thursday, November, 29th. The company provided earnings per share (EPS) guidance of ($0.42)-($0.41) for the period, compared to the Thomson Reuters consensus estimate of ($0.42). The company issued revenue guidance of $227-$228 million, compared to the consensus revenue estimate of $227.60 million.Yext also updated its FY 2019 guidance to $-0.42--0.41 EPS.
What price target have analysts set for YEXT?
6 brokerages have issued 12 month price targets for Yext's shares. Their predictions range from $18.00 to $28.00. On average, they expect Yext's share price to reach $23.00 in the next year. This suggests a possible upside of 50.6% from the stock's current price. View Analyst Price Targets for Yext.
What is the consensus analysts' recommendation for Yext?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Yext in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Yext.
What are Wall Street analysts saying about Yext stock?
Here are some recent quotes from research analysts about Yext stock:
- 1. SunTrust Banks, Inc. analysts commented, "We walked away feeling incrementally more bullish on execution and the growth prospects, given the pace of new enterprise wins, with the momentum likely to be sustained over the near/medium term, driven by growing sales headcount/productivity and increasing customer spend. The strength in enterprise should be supplemented by a build-out of mid-size focused sales, which the company is undertaking. We view a slowdown in deferred rev growth in 3Q as transitory and see the recent pullback in the stock as an opportunity to own a differentiated growth story, trading at an attractive 4.8x fwd revs. Focus squarely on Enterprise and mid/size category; Momentum building. Yext’s focus on overhauling sales talent is finally starting to show up in the numbers and visible in the pace of new logo wins (~80 in 3Q18 vs ~55 in the year ago period)." (12/14/2018)
- 2. KeyCorp analysts commented, "We are making no change to our FY19 revenue estimate after the 3Q beat, a slight improvement to EPS estimates this year and no change to FY20." (11/29/2018)
- 3. According to Zacks Investment Research, "Yext, Inc. provides digital media technology services. It offers advertising, monetization, phone and directory services which includes business listings on search sites and real-time reputation management. The Company provides Yext Knowledge Engine. It serves healthcare and pharmaceuticals, retail, financial services, manufacturing and technology industries. Yext, Inc. is based in New York. " (11/17/2018)
Has Yext been receiving favorable news coverage?
News articles about YEXT stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Yext earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are some of Yext's key competitors?
Some companies that are related to Yext include StoneCo (STNE), Proofpoint (PFPT), Bilibili (BILI), YY (YY), Pegasystems (PEGA), CarGurus (CARG), Zynga (ZNGA), Corelogic (CLGX), PagSeguro Digital (PAGS), Five9 (FIVN), Trivago (TRVG), Inovalon (INOV), Evertec (EVTC), Globant (GLOB) and Upwork (UPWK).
Who are Yext's key executives?
Yext's management team includes the folowing people:
- Howard Lerman, Chief Executive Officer & Director
- Brian Distelburger, Co-President & Director
- James Steele, Co-President & Chief Revenue Officer
- Tom Dixon, Chief Operations Officer
- Steven M. Cakebread, CFO & Principal Accounting Officer
When did Yext IPO?
(YEXT) raised $94 million in an initial public offering (IPO) on Thursday, April 13th 2017. The company issued 10,500,000 shares at a price of $8.00-$10.00 per share. Morgan Stanley, J.P. Morgan and RBC Capital Markets acted as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets) and Piper Jaffray were co-managers.
Who are Yext's major shareholders?
Yext's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Capital World Investors (5.84%), BlackRock Inc. (5.30%), Vanguard Group Inc. (5.09%), Vanguard Group Inc (4.98%), Renaissance Technologies LLC (2.11%) and Capital International Investors (1.89%). Company insiders that own Yext stock include Andrew T Sheehan, Brian Distelburger, Howard Lerman, Jim Steele, Julie Richardson, Michael Walrath, Phillip M Fernandez, Steven Cakebread and Tom Christopher Dixon. View Institutional Ownership Trends for Yext.
Which major investors are selling Yext stock?
YEXT stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Janus Henderson Group PLC, JPMorgan Chase & Co., Ontario Teachers Pension Plan Board, TIAA CREF Investment Management LLC, Bamco Inc. NY, Kornitzer Capital Management Inc. KS and Great Lakes Advisors LLC. Company insiders that have sold Yext company stock in the last year include Brian Distelburger, Howard Lerman, Jim Steele, Julie Richardson, Phillip M Fernandez, Steven Cakebread and Tom Christopher Dixon. View Insider Buying and Selling for Yext.
Which major investors are buying Yext stock?
YEXT stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Renaissance Technologies LLC, Baillie Gifford & Co., Morgan Stanley, Deutsche Bank AG, Sandler Capital Management, First Trust Advisors LP and Allianz Asset Management GmbH. Company insiders that have bought Yext stock in the last two years include Andrew T Sheehan and Michael Walrath. View Insider Buying and Selling for Yext.
How do I buy shares of Yext?
Shares of YEXT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Yext's stock price today?
One share of YEXT stock can currently be purchased for approximately $15.27.
How big of a company is Yext?
Yext has a market capitalization of $1.54 billion and generates $170.20 million in revenue each year. The company earns $-66,560,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis. Yext employs 800 workers across the globe.
What is Yext's official website?
How can I contact Yext?
Yext's mailing address is 1 MADISON AVENUE 5TH FLOOR, NEW YORK NY, 10010. The company can be reached via phone at 212-994-3900 or via email at [email protected]
MarketBeat Community Rating for Yext (NYSE YEXT)
MarketBeat's community ratings are surveys of what our community members think about Yext and other stocks. Vote "Outperform" if you believe YEXT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe YEXT will underperform the S&P 500 over the long term. You may vote once every thirty days.
