Yext Inc. (NYSE: YEXT)’s stock price has increased by 9.91 compared to its previous closing price of 8.78. However, the company has seen a 13.66% increase in its stock price over the last five trading sessions. Barron’s reported on 03/09/22 that Yext Is Downgraded. It Had ‘Zero Results’ in Its Search for Growth.
Is It Worth Investing in Yext Inc. (NYSE: YEXT) Right Now?
Additionally, the 36-month beta value for YEXT is 1.10. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for YEXT is $9.25, which is -$1.35 below the current price. The public float for YEXT is 108.56M and currently, short sellers hold a 3.20% ratio of that float. The average trading volume of YEXT on March 15, 2023 was 1.06M shares.
YEXT’s Market Performance
YEXT stock saw an increase of 13.66% in the past week, with a monthly gain of 34.03% and a quarterly increase of 51.73%. The volatility ratio for the week is 11.29%, and the volatility levels for the last 30 days are 6.01% for Yext Inc. (YEXT). The simple moving average for the last 20 days is 23.43% for YEXT stock, with a simple moving average of 72.54% for the last 200 days.
Analysts’ Opinion of YEXT
Many brokerage firms have already submitted their reports for YEXT stocks, with Truist repeating the rating for YEXT by listing it as a “Hold.” The predicted price for YEXT in the upcoming period, according to Truist is $6 based on the research report published on March 09th of the previous year 2022.
DA Davidson gave a rating of “Neutral” to YEXT, setting the target price at $5.25 in the report published on March 09th of the previous year.
YEXT Trading at 34.16% from the 50-Day Moving Average
After a stumble in the market that brought YEXT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.21% of loss for the given period.
Volatility was left at 6.01%, however, over the last 30 days, the volatility rate increased by 11.29%, as shares surge +32.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.55% upper at present.
During the last 5 trading sessions, YEXT rose by +13.66%, which changed the moving average for the period of 200-days by +99.79% in comparison to the 20-day moving average, which settled at $7.94. In addition, Yext Inc. saw 47.78% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at YEXT starting from Distelburger Brian, who sale 45,625 shares at the price of $6.13 back on Dec 27. After this action, Distelburger Brian now owns 3,070,805 shares of Yext Inc., valued at $279,595 using the latest closing price.
Distelburger Brian, the Director of Yext Inc., sale 22,800 shares at $6.13 during a trade that took place back on Dec 23, which means that Distelburger Brian is holding 3,116,430 shares at $139,844 based on the most recent closing price.
Stock Fundamentals for YEXT
Current profitability levels for the company are sitting at:
- -16.17 for the present operating margin
- +74.07 for the gross margin
The net margin for Yext Inc. stands at -16.45. Equity return is now at value -57.40, with -17.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
In conclusion, Yext Inc. (YEXT) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
