After finishing at $5.99 in the prior trading day, Yext Inc (NYSE: YEXT) closed at $5.95, down -0.67%. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 742308 shares were traded.
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Ratios:
Our goal is to gain a better understanding of YEXT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.61.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 22 ’23 when Shin Ho sold 15,000 shares for $6.20 per share. The transaction valued at 93,012 led to the insider holds 112,477 shares of the business.
Shin Ho sold 6,000 shares of YEXT for $61,645 on Jul 07 ’23. The General Counsel now owns 114,224 shares after completing the transaction at $10.27 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 742.96M and an Enterprise Value of 639.14M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 5.05. Its current Enterprise Value per Revenue stands at 1.58 whereas that against EBITDA is 25.83.
Stock Price History:
Over the past 52 weeks, YEXT has reached a high of $14.35, while it has fallen to a 52-week low of $5.22. The 50-Day Moving Average of the stock is 5.97, while the 200-Day Moving Average is calculated to be 7.28.
Shares Statistics:
The stock has traded on average 801.66K shares per day over the past 3-months and 1.02M shares per day over the last 10 days, according to various share statistics. A total of 124.87M shares are outstanding, with a floating share count of 101.23M. Insiders hold about 18.93% of the company’s shares, while institutions hold 62.04% stake in the company. Shares short for YEXT as of Feb 29, 2024 were 1.65M with a Short Ratio of 2.06, compared to 947.18k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.32% and a Short% of Float of 1.52%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.04, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.4 and $0.3 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is $0.44, with 3 analysts recommending between $0.5 and $0.38.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for YEXT’s current fiscal year. The highest revenue estimate was $401.07M, while the lowest revenue estimate was $398.93M, resulting in an average revenue estimate of $400.31M. In the same quarter a year ago, actual revenue was $404.32M, down -1.00% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $425.25M in the next fiscal year. The high estimate is $435.99M and the low estimate is $418.76M. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.
