Is it time to Buy before this week’s earning report Yext Stock Forecast, Price & News (NYSE:YEXT)

Earnings results for Yext Stock Forecast, Price & News (NYSE:YEXT)

Yext, Inc. is expected* to report earnings on 09/03/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.27. The reported EPS for the same quarter last year was $-0.26.

Yext last posted its quarterly earnings results on June 4th, 2020. The reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.02. The business had revenue of $85.40 million for the quarter, compared to analyst estimates of $82.14 million. Its revenue for the quarter was up 23.8% compared to the same quarter last year. Yext has generated ($1.09) earnings per share over the last year. Yext has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Yext Stock Forecast, Price & News (NYSE:YEXT)

10 Wall Street analysts have issued ratings and price targets for Yext in the last 12 months. Their average twelve-month price target is $18.72, predicting that the stock has a possible downside of 4.43%. The high price target for YEXT is $25.00 and the low price target for YEXT is $12.00. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Yext has received a consensus rating of Buy. The company’s average rating score is 2.60, and is based on 7 buy ratings, 2 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $18.72, Yext has a forecasted downside of 4.4% from its current price of $19.59. Yext has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Yext Stock Forecast, Price & News (NYSE:YEXT)

Yext does not currently pay a dividend. Yext does not have a long track record of dividend growth.

Insiders buying/selling: Yext Stock Forecast, Price & News (NYSE:YEXT)

In the past three months, Yext insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,420,630.00 in company stock. Only 14.20% of the stock of Yext is held by insiders. 70.61% of the stock of Yext is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Yext Stock Forecast, Price & News (NYSE:YEXT

Earnings for Yext are expected to grow in the coming year, from ($1.04) to ($0.98) per share. The P/E ratio of Yext is -16.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Yext is -16.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Yext has a P/B Ratio of 11.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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