Currently, there are 127.00M common shares owned by the public and among those 101.55M shares have been available to trade.
The company’s stock has a 5-day price change of -6.26% and 0.76% over the past three months. YEXT shares are trading 3.62% year to date (YTD), with the 12-month market performance up to 21.36% higher. It has a 12-month low price of $4.29 and touched a high of $8.75 over the same period. YEXT has an average intraday trading volume of 761.82K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.67%, 3.48%, and 0.46% respectively.
Institutional ownership of Yext Inc (NYSE: YEXT) shares accounts for 64.83% of the company’s 127.00M shares outstanding.
It has a market capitalization of $821.06M and a beta (3y monthly) value of 1.00. The earnings-per-share (ttm) stands at -$0.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.16% over the week and 1.75% over the month.
Earnings per share for the fiscal year are expected to increase by 44.29%, and 14.85% over the next financial year. EPS should shrink at an annualized rate of 21.00% over the next five years, compared to 27.34% over the past 5-year period.
Looking at the support for the YEXT, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on September 05, 2024, with the firm’s price target at $8. B. Riley Securities coverage for the Yext Inc (YEXT) stock in a research note released on June 28, 2023 offered a Neutral rating with a price target of $11. ROTH MKM was of a view on June 07, 2023 that the stock is Buy, while Truist gave the stock Hold rating on March 09, 2022, issuing a price target of $17- $6. Needham on their part issued Hold rating on March 09, 2022.
