Yext (YEXT) Earns Daily Coverage Optimism Rating of 0.09
Press coverage about Yext (NYSE:YEXT) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Yext earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.4823412538848 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Yext CEO says 'rise of conversational artificial intellig… (finance.yahoo.com)
- Cramer Remix: Wal-Mart is Amazon’s only long-term challen… (finance.yahoo.com)
- Yext sees 39% revenue growth in latest quarter (yahoo.com)
- Webinar: How to Grow your Business with Yext Knowledge Tags (4-traders.com)
- After-Hours Movers 11/30: (AMBA) (MYL) (NTNX) Higher; (ZUMZ) (YEXT) (ULTA) Lower (more…) (streetinsider.com)
Yext (NYSE:YEXT) opened at $12.67 on Thursday. Yext has a fifty-two week low of $11.12 and a fifty-two week high of $15.11.
Yext (NYSE:YEXT) last issued its earnings results on Wednesday, September 6th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.04). The firm had revenue of $40.77 million during the quarter, compared to analyst estimates of $40.30 million. Yext had a negative return on equity of 157.17% and a negative net margin of 40.63%. Yext’s revenue for the quarter was up 37.9% on a year-over-year basis. During the same period in the previous year, the company earned ($0.22) EPS. analysts predict that Yext will post -0.72 EPS for the current fiscal year.
A number of equities analysts have issued reports on YEXT shares. BidaskClub cut Yext from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $17.00 target price on shares of Yext in a report on Thursday, October 12th. KeyCorp reaffirmed a “buy” rating and issued a $16.00 target price on shares of Yext in a report on Thursday, November 30th. Zacks Investment Research cut Yext from a “hold” rating to a “sell” rating in a report on Tuesday, September 19th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $18.00 target price on shares of Yext in a report on Friday, September 22nd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Yext presently has a consensus rating of “Hold” and a consensus price target of $16.20.
In other news, CEO Howard Lerman sold 4,039 shares of the stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $12.00, for a total value of $48,468.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Brian Distelburger sold 8,160 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $11.39, for a total value of $92,942.40. The disclosure for this sale can be found here. In the last three months, insiders sold 307,339 shares of company stock valued at $3,855,314.
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Yext Company Profile
Yext Inc is a knowledge engine provider. Yext puts business on the map. The Yext Knowledge Engine enables companies to manage their digital knowledge in the cloud and sync it to over 100 services in the PowerListings Network, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.
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