The closing price of Yext Inc (NYSE: YEXT) was $5.94 for the day, down -1.82% from the previous closing price of $6.05. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 716391 shares were traded.
Ratios:
Our analysis of YEXT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 755.45M and an Enterprise Value of 682.14M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 5.04. Its current Enterprise Value per Revenue stands at 1.68 whereas that against EBITDA is 41.83.
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 $5.29. The 50-Day Moving Average of the stock is 5.93, while the 200-Day Moving Average is calculated to be 7.50.
Shares Statistics:
YEXT traded an average of 806.53K shares per day over the past three months and 1.23M shares per day over the past ten days. A total of 124.87M shares are outstanding, with a floating share count of 100.65M. Insiders hold about 18.88% of the company’s shares, while institutions hold 62.44% stake in the company. Shares short for YEXT as of Feb 15, 2024 were 1.11M with a Short Ratio of 1.37, compared to 951.34k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.89% and a Short% of Float of 1.03%.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of $0.05 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 $0.06.
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 $0.41, with 4 analysts recommending between $0.5 and $0.32.
Revenue Estimates
A total of 5 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 $400.3M. In the same quarter a year ago, actual revenue was $404.32M, down -1.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $421.2M in the next fiscal year. The high estimate is $435.99M and the low estimate is $409.06M. The average revenue growth estimate for next year is up 5.20% from the average revenue estimate for this year.
