B. Riley Comments on Yext’s FY2030 Earnings (NYSE:YEXT)

Yext, Inc. (NYSE:YEXT) – Research analysts at B. Riley issued their FY2030 earnings per share (EPS) estimates for shares of Yext in a research note issued to investors on Tuesday, February 11th. B. Riley analyst N. Khan expects that the company will post earnings of $0.45 per share for the year. The consensus estimate for Yext’s current full-year earnings is ($0.12) per share.

A number of other research analysts have also weighed in on the stock. Roth Mkm reissued a “buy” rating and set a $10.50 price target (up from $7.50) on shares of Yext in a research report on Tuesday, December 10th. DA Davidson lifted their target price on shares of Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 target price on shares of Yext in a report on Wednesday.

Yext Price Performance

NYSE:YEXT opened at $6.82 on Thursday. Yext has a one year low of $4.29 and a one year high of $8.75. The company has a market cap of $869.73 million, a PE ratio of -45.43 and a beta of 1.26. The firm has a 50-day moving average of $6.59 and a 200-day moving average of $6.59.

Hedge Funds Weigh In On Yext

A number of large investors have recently modified their holdings of YEXT. Wilmington Savings Fund Society FSB bought a new stake in shares of Yext during the 3rd quarter valued at about $38,000. KBC Group NV bought a new position in shares of Yext in the 4th quarter worth $47,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Yext during the 4th quarter valued at $64,000. EntryPoint Capital LLC purchased a new position in Yext in the fourth quarter worth $67,000. Finally, Virtu Financial LLC purchased a new stake in Yext during the fourth quarter valued at about $67,000. 70.98% of the stock is currently owned by institutional investors.

About Yext

Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.