Yext (NYSE:YEXT) Getting Somewhat Positive Press Coverage, Study Finds
Headlines about Yext (NYSE:YEXT) have been trending somewhat positive on Sunday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Yext earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.2579406096754 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
YEXT has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Yext from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Pacific Crest started coverage on shares of Yext in a research report on Monday, May 8th. They set a “sector weight” rating for the company. Piper Jaffray Companies started coverage on shares of Yext in a research report on Monday, May 8th. They set an “overweight” rating and a $17.00 price target for the company. J P Morgan Chase & Co started coverage on shares of Yext in a research report on Monday, May 15th. They set a “neutral” rating and a $15.00 price target for the company. Finally, Morgan Stanley restated an “equal weight” rating and set a $15.00 price objective (up from $14.00) on shares of Yext in a research note on Saturday, June 3rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $16.25.
Shares of Yext (NYSE YEXT) opened at 13.51 on Friday. The firm’s 50-day moving average price is $13.30 and its 200-day moving average price is $13.43. Yext has a 12 month low of $11.63 and a 12 month high of $15.11. The firm’s market capitalization is $1.22 billion.
Yext (NYSE:YEXT) last released its quarterly earnings data on Thursday, June 1st. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.02. The business had revenue of $37.10 million during the quarter, compared to analyst estimates of $35.14 million. The firm’s revenue for the quarter was up 36.9% compared to the same quarter last year. On average, equities analysts anticipate that Yext will post ($0.51) earnings per share for the current year.
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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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