B. Riley Weighs in on Yext, Inc.’s FY2029 Earnings (NYSE:YEXT)

Yext, Inc. (NYSE:YEXTFree Report) – B. Riley issued their FY2029 EPS estimates for shares of Yext in a research note issued on Tuesday, June 11th. B. Riley analyst N. Khan expects that the company will earn $0.44 per share for the year. B. Riley has a “Neutral” rating and a $8.00 price objective on the stock. The consensus estimate for Yext’s current full-year earnings is $0.06 per share.

A number of other equities research analysts also recently weighed in on the stock. Roth Mkm reissued a “buy” rating and issued a $8.00 price target on shares of Yext in a report on Tuesday. DA Davidson reduced their price objective on shares of Yext from $7.25 to $5.50 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Yext in a research note on Monday, June 10th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Yext currently has an average rating of “Hold” and an average price target of $8.50.

Check Out Our Latest Analysis on YEXT

Yext Trading Down 2.2 %

Shares of NYSE YEXT opened at $5.04 on Thursday. Yext has a twelve month low of $4.29 and a twelve month high of $13.96. The company has a market capitalization of $635.11 million, a price-to-earnings ratio of -100.70 and a beta of 1.22. The firm has a 50-day moving average of $5.41 and a two-hundred day moving average of $5.76.

Hedge Funds Weigh In On Yext

Large investors have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale acquired a new position in shares of Yext in the 3rd quarter valued at about $32,000. Covestor Ltd increased its holdings in shares of Yext by 17,238.7% in the 3rd quarter. Covestor Ltd now owns 5,375 shares of the company’s stock valued at $34,000 after purchasing an additional 5,344 shares during the period. New York State Teachers Retirement System acquired a new position in shares of Yext in the 4th quarter valued at about $56,000. Dynamic Advisor Solutions LLC acquired a new position in shares of Yext in the 4th quarter valued at about $59,000. Finally, Victory Capital Management Inc. increased its holdings in shares of Yext by 23.1% in the 4th quarter. Victory Capital Management Inc. now owns 13,587 shares of the company’s stock valued at $80,000 after purchasing an additional 2,547 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Yext Company Profile

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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.

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Earnings History and Estimates for Yext (NYSE:YEXT)

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