Yext Inc. (NYSE:YEXT) has earned an average rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $16.20.
A number of equities research analysts have recently commented on the company. Zacks Investment Research lowered Yext from a “hold” rating to a “sell” rating in a research report on Wednesday, September 27th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $18.00 price target on shares of Yext in a research report on Friday, September 22nd. KeyCorp reaffirmed a “buy” rating and set a $16.00 price target on shares of Yext in a research report on Sunday, November 5th. BidaskClub raised Yext from a “sell” rating to a “hold” rating in a research report on Saturday, November 4th. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $17.00 price objective on shares of Yext in a report on Thursday, October 12th.
In other Yext news, insider Tom Christopher Dixon sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 17th. The stock was sold at an average price of $12.15, for a total value of $151,875.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Brian Distelburger sold 8,160 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $11.39, for a total value of $92,942.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 216,019 shares of company stock valued at $2,618,506.
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Yext (YEXT) traded down $0.03 during midday trading on Wednesday, hitting $12.92. The stock had a trading volume of 160,396 shares, compared to its average volume of 402,308. Yext has a 52 week low of $11.12 and a 52 week high of $15.11.
Yext (NYSE:YEXT) last released its quarterly earnings results on Wednesday, September 6th. The company reported ($0.18) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.04). The firm had revenue of $40.77 million during the quarter, compared to the consensus estimate of $40.30 million. Yext’s revenue for the quarter was up 37.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.22) earnings per share. research analysts forecast that Yext will post -0.71 EPS for the current year.
Yext Company Profile
Yext Inc is a knowledge engine provider. Yext puts business on the map. The Yext Knowledge Engine enables companies to manage their digital knowledge in the cloud and sync it to over 100 services in the PowerListings Network, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.
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