FY2030 Earnings Forecast for Yext Issued By B. Riley

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

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

Yext Stock Performance

Shares of YEXT stock opened at $6.67 on Thursday. The stock’s 50 day simple moving average is $6.56 and its 200 day simple moving average is $6.60. The company has a market capitalization of $851.74 million, a price-to-earnings ratio of -44.49 and a beta of 1.26. Yext has a twelve month low of $4.29 and a twelve month high of $8.75.

Institutional Trading of Yext

Several institutional investors have recently modified their holdings of YEXT. Smith Group Asset Management LLC grew its holdings in shares of Yext by 103.0% during the 3rd quarter. Smith Group Asset Management LLC now owns 81,297 shares of the company’s stock worth $563,000 after purchasing an additional 41,241 shares in the last quarter. US Bancorp DE grew its holdings in shares of Yext by 331.4% during the 3rd quarter. US Bancorp DE now owns 23,294 shares of the company’s stock worth $161,000 after purchasing an additional 17,894 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Yext by 18.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 22,002 shares of the company’s stock worth $152,000 after purchasing an additional 3,384 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Yext during the 3rd quarter worth approximately $317,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Yext during the 3rd quarter worth approximately $158,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

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.