Earnings results for Yext (NYSE:YEXT)
Yext, Inc. is expected* to report earnings on 05/27/2021 after market close. The report will be for the fiscal Quarter ending Apr 2021. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.19. The reported EPS for the same quarter last year was $-0.25.
Yext last posted its earnings data on March 3rd, 2021. The reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.07. The firm had revenue of $92.19 million for the quarter, compared to analyst estimates of $89.10 million. Its revenue was up 13.3% compared to the same quarter last year. Yext has generated ($0.79) earnings per share over the last year. Yext has confirmed that its next quarterly earnings report will be published on Thursday, May 27th, 2021.
Analyst Opinion on Yext (NYSE:YEXT)
9 Wall Street analysts have issued ratings and price targets for Yext in the last 12 months. Their average twelve-month price target is $19.17, predicting that the stock has a possible upside of 52.97%. The high price target for YEXT is $25.00 and the low price target for YEXT is $13.00. There are currently 1 sell rating, 2 hold ratings and 6 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 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $19.17, Yext has a forecasted upside of 53.0% from its current price of $12.53. Yext has only been the subject of 3 research reports in the past 90 days.
Dividend Strength: Yext (NYSE:YEXT)
Yext does not currently pay a dividend. Yext does not have a long track record of dividend growth.
Insiders buying/selling: Yext (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 $2,569,962.00 in company stock. Only 14.20% of the stock of Yext is held by insiders. 66.18% 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 (NYSE:YEXT
Earnings for Yext are expected to grow in the coming year, from ($0.75) to ($0.61) per share. The P/E ratio of Yext is -15.86, 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 -15.86, 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 7.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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