Yext Inc (NYSE: YEXT) is -5.94% lower on its value in year-to-date trading and has touched a low of $5.29 and a high of $14.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YEXT stock was last observed hovering at around $5.67 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $5.54, the stock is -7.74% and -6.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -2.29% at the moment leaves the stock -25.86% off its SMA200. YEXT registered -42.59% loss for a year compared to 6-month loss of -14.24%. The firm has a 50-day simple moving average (SMA 50) of $1.45 and a 200-day simple moving average (SMA200) of $23.76.
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The stock witnessed a -7.20% gain in the last 1 month and extending the period to 3 months gives it a 1.84%, and is -14.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.24% over the week and 5.08% over the month.
Yext Inc (YEXT) has around 1100 employees, a market worth around $687.35M and $404.32M in sales. Fwd P/E is 13.43. Profit margin for the company is -0.65%. Distance from 52-week low is 4.73% and -61.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.11%).
Yext Inc quarterly earnings per share for the current quarter are estimated at $0.05 with sales reaching $96.25M over the same period.The EPS is expected to grow by 2.42% this year, but quarterly earnings will post -1.00% year-over-year.
261 institutions hold shares in Yext Inc (YEXT), with institutional investors hold 80.36% of the company’s shares. The shares outstanding are 124.87M, and float is at 100.65M with Short Float at 1.64%. Institutions hold 72.71% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 15.12 million shares valued at $170.96 million. The investor’s holdings represent 12.14% of the YEXT Shares outstanding. As of Jun 29, 2023, the second largest holder is Lead Edge Capital Management, Llc with 11.47 million shares valued at $129.77 million to account for 9.22% of the shares outstanding. The other top investors are Blackrock Inc. which holds 8.95 million shares representing 7.19% and valued at over $101.2 million, while Shaw D.E. & Co., Inc. holds 3.86% of the shares totaling 4.8 million with a market value of $54.33 million.
Yext Inc (YEXT) Insider Activity
The most recent transaction is an insider sale by Shin Ho, the company’s General Counsel. SEC filings show that Shin Ho sold 15,000 shares of the company’s common stock on Sep 22 ’23 at a price of $6.20 per share for a total of $93012.0. Following the sale, the insider now owns 0.11 million shares.
Yext Inc disclosed in a document filed with the SEC on Jul 07 ’23 that Shin Ho (General Counsel) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Jul 07 ’23 and was made at $10.27 per share for $61645.0. Following the transaction, the insider now directly holds 0.11 million shares of the YEXT stock.
