Yext Inc. (YEXT) to Release Quarterly Earnings on Wednesday
Yext Inc. (NYSE:YEXT) will issue its quarterly earnings data after the market closes on Wednesday, September 6th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter.
Yext Inc. (YEXT) opened at 13.25 on Tuesday. The stock’s market cap is $1.19 billion. Yext Inc. has a 12-month low of $12.05 and a 12-month high of $15.11. The firm has a 50-day moving average of $13.31 and a 200-day moving average of $13.38.
An institutional investor recently bought a new position in Yext stock. California State Teachers Retirement System bought a new stake in shares of Yext Inc. (NYSE:YEXT) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 21,500 shares of the company’s stock, valued at approximately $287,000. Institutional investors and hedge funds own 29.24% of the company’s stock.
YEXT has been the subject of several recent analyst reports. Royal Bank Of Canada initiated coverage on shares of Yext in a research note on Monday, May 8th. They issued an “outperform” rating and a $18.00 target price for the company. Piper Jaffray Companies initiated coverage on shares of Yext in a research note on Monday, May 8th. They issued an “overweight” rating and a $17.00 target price for the company. J P Morgan Chase & Co assumed coverage on shares of Yext in a research note on Monday, May 8th. They issued a “neutral” rating and a $15.00 target price for the company. Pacific Crest assumed coverage on shares of Yext in a research note on Monday, May 8th. They issued a “sector weight” rating for the company. Finally, Morgan Stanley assumed coverage on shares of Yext in a research note on Monday, May 8th. They issued an “equal weight” rating and a $14.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $16.25.
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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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