Market Insight: Yext Inc (YEXT)’s Notable Drop, Closing at 4.80

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In the latest session, Yext Inc (NYSE: YEXT) closed at $4.80 down -0.83% from its previous closing price of $4.84. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 1.11 million shares were traded. YEXT stock price reached its highest trading level at $5.015 during the session, while it also had its lowest trading level at $4.69.

Ratios:

For a deeper understanding of Yext Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.55.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on June 28, 2023, initiated with a Neutral rating and assigned the stock a target price of $11.

On June 07, 2023, ROTH MKM Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $8.50 to $12.80.

Truist Downgraded its Buy to Hold on March 09, 2022, whereas the target price for the stock was revised from $17 to $6.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 21 ’24 when Shin Ho sold 35,000 shares for $5.04 per share. The transaction valued at 176,446 led to the insider holds 125,207 shares of the business.

Shin Ho sold 15,000 shares of YEXT for $93,012 on Sep 22 ’23. The General Counsel now owns 112,477 shares after completing the transaction at $6.20 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, YEXT now has a Market Capitalization of 610512000 and an Enterprise Value of 496857568. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 3.89. Its current Enterprise Value per Revenue stands at 1.239 whereas that against EBITDA is 983.876.

Stock Price History:

Over the past 52 weeks, YEXT has reached a high of $9.35, while it has fallen to a 52-week low of $4.29. The 50-Day Moving Average of the stock is -7.52%, while the 200-Day Moving Average is calculated to be -16.09%.

Shares Statistics:

For the past three months, YEXT has traded an average of 1.09M shares per day and 696290 over the past ten days. A total of 124.87M shares are outstanding, with a floating share count of 103.71M. Insiders hold about 17.78% of the company’s shares, while institutions hold 65.31% stake in the company. Shares short for YEXT as of 1721001600 were 3655974 with a Short Ratio of 3.34, compared to 1718323200 on 3999299. Therefore, it implies a Short% of Shares Outstanding of 3655974 and a Short% of Float of 3.61.

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