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 provide answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews, as well as provides customers to update their information and content through its knowledge network of approximately 200 maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks. The platform enables its customers to centralize, control and manage data fields, including store information, such as name, address, phone number and holiday hours; professional information, comprising of headshot, specialties, and education; job information, consisting of title and description; and FAQs and other information. It serves the healthcare, retail, and financial services industries. The company was incorporated in 2006 and is headquartered in New York, New York.
Yext Price Performance
NYSE:YEXT opened at $4.87 on Thursday. Yext has a 1 year low of $4.20 and a 1 year high of $14.07. The stock has a market capitalization of $601.87 million, a PE ratio of -6.16 and a beta of 1.32. The business's 50-day moving average is $4.92 and its 200 day moving average is $5.87.
Yext (NYSE:YEXT - Get Rating) last released its quarterly earnings data on Wednesday, June 8th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.02. Yext had a negative return on equity of 49.72% and a negative net margin of 25.53%. The business had revenue of $98.80 million during the quarter, compared to analysts' expectations of $96.71 million. During the same quarter last year, the business posted ($0.14) EPS. The business's revenue was up 7.4% on a year-over-year basis. As a group, equities research analysts anticipate that Yext will post -0.69 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, DA Davidson set a $6.00 price target on Yext in a research report on Monday, June 20th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $10.00.
Insider Activity at Yext
In other Yext news, COO Marc Ferrentino sold 16,486 shares of the business's stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $5.36, for a total transaction of $88,364.96. Following the transaction, the chief operating officer now directly owns 129,182 shares of the company's stock, valued at approximately $692,415.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CFO Darryl Bond sold 21,655 shares of Yext stock in a transaction that occurred on Tuesday, June 21st. The stock was sold at an average price of $5.36, for a total transaction of $116,070.80. Following the sale, the chief financial officer now directly owns 82,154 shares in the company, valued at $440,345.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Marc Ferrentino sold 16,486 shares of the stock in a transaction on Tuesday, June 21st. The stock was sold at an average price of $5.36, for a total value of $88,364.96. Following the completion of the transaction, the chief operating officer now owns 129,182 shares of the company's stock, valued at approximately $692,415.52. The disclosure for this sale can be found here. Insiders have sold a total of 71,947 shares of company stock worth $377,836 over the last quarter. Corporate insiders own 8.50% of the company's stock.