Yext (NYSE:YEXT – Get Free Report) issued its earnings results on Tuesday. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01, FiscalAI reports. Yext had a net margin of 8.93% and a return on equity of 34.31%. The business had revenue of $107.92 million during the quarter, compared to the consensus estimate of $110.70 million. During the same period last year, the business posted $0.13 EPS. Yext’s revenue was down 1.4% on a year-over-year basis.
Yext Price Performance
Shares of Yext stock opened at $3.81 on Thursday. Yext has a twelve month low of $3.27 and a twelve month high of $9.20. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.61. The company has a 50-day simple moving average of $3.83 and a two-hundred day simple moving average of $5.92. The stock has a market capitalization of $380.92 million, a price-to-earnings ratio of 54.36 and a beta of 1.16.
More Yext News
Here are the key news stories impacting Yext this week:
- Positive Sentiment: Yext reported adjusted EPS of $0.14, topping the $0.13 consensus estimate, and reiterated that it remains profitable. Yext (YEXT) Tops Q1 Earnings Estimates
- Positive Sentiment: The company announced an expanded share repurchase program, which can support the stock by signaling management confidence and returning capital to shareholders. Yext Posts Strong Q1 Results, Expands Share Repurchase Program
- Neutral Sentiment: Management described the quarter as solid overall, but the market is weighing the mixed details rather than the headline earnings beat. Yext Announces First Quarter Fiscal 2027 Results
- Negative Sentiment: Revenue came in at $107.9 million, below the $112.1 million consensus, and revenue declined 1.4% year over year, which appears to be the main reason investors are selling the stock. Yext Stock Slides as 1Q Revenue Misses Wall Street’s Expectations
- Negative Sentiment: Commentary from analysts also highlighted weak customer retention and poor underlying economics, adding pressure on sentiment. Yext: Poor Underlying Economics And Weak Customer Retention
Insiders Place Their Bets
Institutional Trading of Yext
Hedge funds and other institutional investors have recently bought and sold shares of the business. Lazard Asset Management LLC raised its stake in Yext by 123.7% in the 2nd quarter. Lazard Asset Management LLC now owns 21,350 shares of the company’s stock worth $181,000 after purchasing an additional 11,807 shares in the last quarter. Aquatic Capital Management LLC raised its stake in Yext by 189.5% in the 3rd quarter. Aquatic Capital Management LLC now owns 20,019 shares of the company’s stock worth $171,000 after purchasing an additional 13,103 shares in the last quarter. Shay Capital LLC acquired a new position in shares of Yext in the 3rd quarter valued at approximately $170,000. Gabelli Funds LLC acquired a new position in shares of Yext in the 3rd quarter valued at approximately $166,000. Finally, Creative Planning raised its position in shares of Yext by 29.5% in the 3rd quarter. Creative Planning now owns 16,651 shares of the company’s stock valued at $142,000 after buying an additional 3,789 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Yext from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Roth Mkm downgraded shares of Yext from a “buy” rating to a “neutral” rating and cut their target price for the company from $9.50 to $6.00 in a research note on Wednesday, March 11th. B. Riley Financial cut their target price on shares of Yext from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Tuesday, March 10th. DA Davidson reiterated a “neutral” rating and issued a $6.00 target price on shares of Yext in a research note on Wednesday, March 11th. Finally, Wall Street Zen downgraded shares of Yext from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $7.50.
Read Our Latest Research Report on Yext
Yext Company Profile
Yext, Inc is a software-as-a-service company that provides a platform for digital knowledge management. Its core offering enables businesses to centrally manage and synchronize public-facing information—such as location details, product descriptions and service offerings—across a network of search engines, mapping services, voice assistants and third-party directories.
The Yext platform is built around a proprietary Knowledge Graph, which stores and structures data to ensure consistency and accuracy.
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