Equities Analysts Offer Predictions for Yext FY2030 Earnings

Yext, Inc. (NYSE:YEXT) – Stock analysts at B. Riley issued their FY2030 earnings per share (EPS) estimates for Yext in a research report issued on Tuesday, February 11th. B. Riley analyst N. Khan anticipates that the company will post earnings per share of $0.45 for the year. The consensus estimate for Yext’s current full-year earnings is ($0.12) per share.

A number of other research analysts have also recently issued reports on YEXT. Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 target price on shares of Yext in a report on Wednesday. DA Davidson raised their price objective on Yext from $5.75 to $7.50 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Finally, Roth Mkm reiterated a “buy” rating and set a $10.50 target price (up from $7.50) on shares of Yext in a research report on Tuesday, December 10th.

Yext Stock Up 2.6 %

Shares of YEXT opened at $6.75 on Thursday. Yext has a 52-week low of $4.29 and a 52-week high of $8.75. The company has a 50-day simple moving average of $6.63 and a 200-day simple moving average of $6.59. The company has a market capitalization of $861.44 million, a PE ratio of -45.56 and a beta of 1.26.

Institutional Investors Weigh In On Yext

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Zacks Investment Management lifted its position in shares of Yext by 370.2% in the third quarter. Zacks Investment Management now owns 378,415 shares of the company’s stock valued at $2,619,000 after acquiring an additional 297,938 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Yext by 1.6% during the third quarter. Geode Capital Management LLC now owns 2,384,867 shares of the company’s stock worth $16,507,000 after buying an additional 38,305 shares in the last quarter. Barclays PLC raised its position in shares of Yext by 137.3% in the third quarter. Barclays PLC now owns 238,361 shares of the company’s stock valued at $1,650,000 after buying an additional 137,921 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Yext by 224.2% during the third quarter. JPMorgan Chase & Co. now owns 515,221 shares of the company’s stock valued at $3,565,000 after buying an additional 356,324 shares during the period. Finally, FMR LLC boosted its position in Yext by 34.7% during the third quarter. FMR LLC now owns 552,218 shares of the company’s stock worth $3,821,000 after acquiring an additional 142,149 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Yext Company Profile

Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.