Yext Inc (NYSE: YEXT) is 41.04% higher on its value in year-to-date trading and has touched a low of $4.29 and a high of $8.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The YEXT stock was last observed hovering at around $6.82 in the last trading session, with the day’s gains setting it 2.15%.
Currently trading at $8.97, the stock is 31.05% and 38.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.66 million and changing 31.52% at the moment leaves the stock 35.22% off its SMA200. YEXT registered 77.62% gain for a year compared to 6-month loss of 8.60%. The firm has a 50-day simple moving average (SMA 50) of $6.4746 and a 200-day simple moving average (SMA200) of $6.63345.
The stock witnessed a 36.32% gain in the last 1 month and extending the period to 3 months gives it a 36.74%, and is 34.28% up 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 13.49% over the week and 6.19% over the month.
Yext Inc (YEXT) has around 1150 employees, a market worth around $1.12B and $434.45M in sales. Fwd P/E is 15.74. Profit margin for the company is -5.38%. Distance from 52-week low is 109.09% and 2.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.82%).
with sales reaching $111.23M over the same period.The EPS is expected to grow by 43.57% this year, but quarterly earnings will post 6.78% year-over-year. Quarterly sales are estimated to grow 13.64% in year-over-year returns.
254.0 institutions hold shares in Yext Inc (YEXT), with institutional investors hold 82.60% of the company’s shares. The shares outstanding are 123.47M, and float is at 101.55M with Short Float at 2.04%. Institutions hold 76.08% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.5 million shares valued at $$82.91 million. The investor’s holdings represent 12.2469 of the YEXT Shares outstanding. As of 2024-06-30, the second largest holder is LEAD EDGE CAPITAL MANAGEMENT, LLC with 11.47 million shares valued at $$61.39 million to account for 9.068 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.67 million shares representing 7.6434 and valued at over $$51.74 million, while LYNROCK LAKE LP holds 6.5337 of the shares totaling 8.27 million with a market value of $$44.23 million.
Yext Inc (YEXT) Insider Activity
Yext Inc disclosed in a document filed with the SEC on Dec 16 ’24 that Walrath Michael (Chief Executive Officer) sold a total of 139,003 shares of the company’s common stock. The trade occurred on Dec 16 ’24 and was made at $6.44 per share for $0.9 million. Following the transaction, the insider now directly holds 1.09 million shares of the YEXT stock.
Still, SEC filings show that on Dec 17 ’24, Walrath Michael (Chief Executive Officer) disposed off 29,431 shares at an average price of $6.47 for $0.19 million. The insider now directly holds 1,064,518 shares of Yext Inc (YEXT).
