Yext Inc [NYSE: YEXT] stock went on an upward path that rose over 13.01% on Thursday, amounting to a one-week price increase of more than 9.88%.
Over the last 12 months, YEXT stock dropped by -38.77%. The one-year Yext Inc stock forecast points to a potential upside of 21.25. The average equity rating for YEXT stock is currently 1.80, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $701.34 million, with 124.87 million shares outstanding and 103.71 million shares in the current float. Compared to the average trading volume of 1.11M shares, YEXT stock reached a trading volume of 2987298 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Yext Inc [YEXT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for YEXT shares is $7.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on YEXT stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Yext Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Sep-06-24. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Neutral. The new note on the price target was released on June 28, 2023, representing the official price target for Yext Inc stock. Previously, the target price had yet another raise from $8.50 to $12.80, while ROTH MKM kept a Buy rating on YEXT stock. On March 09, 2022, analysts decreased their price target for YEXT shares from 17 to 6.
The Average True Range (ATR) for Yext Inc is set at 0.24, with the Price to Sales ratio for YEXT stock in the period of the last 12 months amounting to 1.77. The Price to Book ratio for the last quarter was 4.34, with the Price to Cash per share for the same quarter was set at 1.86. Price to Free Cash Flow for YEXT in the course of the last twelve months was 13.77 with Quick ratio for the last quarter at 1.44.
YEXT Stock Performance Analysis:
Yext Inc [YEXT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.88. With this latest performance, YEXT shares gained by 7.13% in over the last four-week period, additionally sinking by -6.71% over the last 6 months – not to mention a drop of -38.77% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for YEXT stock in for the last two-week period is set at 60.18, with the RSI for the last a single of trading hit 65.14, and the three-weeks RSI is set at 57.20 for Yext Inc [YEXT]. The present Moving Average for the last 50 days of trading for this stock 5.21, while it was recorded at 5.10 for the last single week of trading, and 5.62 for the last 200 days.
Insight into Yext Inc Fundamentals:
Yext Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 1.44.
YEXT Stock EPS
With the latest financial reports released by the company, Yext Inc posted 0.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.07/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for YEXT.
Yext Inc [YEXT] Institutonal Ownership Details
There are presently around $72.91%, or 79.46%% of YEXT stock, in the hands of institutional investors. The top three institutional holders of YEXT stocks are: VANGUARD GROUP INC with ownership of 15.5 million shares, which is approximately 12.3591%. LEAD EDGE CAPITAL MANAGEMENT, LLC, holding 11.47 million shares of the stock with an approximate value of $$61.39 million in YEXT stocks shares; and LEAD EDGE CAPITAL MANAGEMENT, LLC, currently with $$51.74 million in YEXT stock with ownership which is approximately 7.7134%.
