Yext Inc. (NYSE:YEXT) has been assigned a consensus rating of “Hold” from the six analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $16.25.

YEXT has been the topic of several analyst reports. Royal Bank Of Canada initiated coverage on shares of Yext in a research note on Monday, May 8th. They set an “outperform” rating and a $18.00 price target on the stock. Piper Jaffray Companies initiated coverage on shares of Yext in a research note on Monday, May 8th. They set an “overweight” rating and a $17.00 price target on the stock. J P Morgan Chase & Co initiated coverage on shares of Yext in a research note on Monday, May 8th. They set a “neutral” rating and a $15.00 price target on the stock. Pacific Crest initiated coverage on shares of Yext in a research note on Monday, May 8th. They set a “sector weight” rating on the stock. Finally, Morgan Stanley initiated coverage on shares of Yext in a research note on Monday, May 8th. They set an “equal weight” rating and a $14.00 price target on the stock.

Yext (YEXT) opened at 12.79 on Monday. Yext has a 12-month low of $12.05 and a 12-month high of $15.11. The company’s 50 day moving average is $13.25 and its 200 day moving average is $13.45. The firm’s market cap is $1.15 billion.

Yext (NYSE:YEXT) last announced its quarterly earnings results on Thursday, June 1st. The company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.02. The business had revenue of $37.10 million for the quarter, compared to analyst estimates of $35.14 million. The business’s revenue for the quarter was up 36.9% on a year-over-year basis. On average, equities analysts anticipate that Yext will post ($0.51) earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of YEXT. Insight Holdings Group LLC purchased a new position in Yext during the second quarter worth about $102,783,000. Power Corp of Canada purchased a new position in Yext during the second quarter worth about $20,889,000. Spark Investment Management LLC purchased a new position in Yext during the second quarter worth about $1,530,000. TD Asset Management Inc. purchased a new position in Yext during the second quarter worth about $933,000. Finally, Schwab Charles Investment Management Inc. purchased a new position in Yext during the second quarter worth about $553,000. Institutional investors and hedge funds own 1.75% of the company’s stock.

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About Yext

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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