Yext (NYSE:YEXT) Releases Earnings Results, Misses Expectations By $0.20 EPS

Yext (NYSE:YEXT) released its quarterly earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.20), Zacks reports. Yext had a negative net margin of 4.64% and a negative return on equity of 11.10%.

Yext Stock Down 1.0 %

Shares of NYSE:YEXT traded down $0.07 during midday trading on Wednesday, reaching $6.55. The company’s stock had a trading volume of 1,420,235 shares, compared to its average volume of 656,307. Yext has a 12-month low of $4.29 and a 12-month high of $8.75. The firm has a market capitalization of $835.28 million, a P/E ratio of -43.63 and a beta of 1.34. The firm has a 50 day moving average of $6.52 and a 200-day moving average of $6.73.

Analysts Set New Price Targets

YEXT has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and set a $10.00 price objective on shares of Yext in a research report on Wednesday, February 12th. Roth Mkm reiterated a “buy” rating and set a $9.50 price target (down previously from $10.50) on shares of Yext in a research report on Wednesday, February 26th. Finally, DA Davidson raised their price objective on shares of Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a report on Tuesday, December 10th.

About Yext

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.