A new trading day began on November 20, 2023, with Yext Inc (NYSE: YEXT) stock priced at $6.62, up 6.53% from the previous day of trading. During the day, the shares moved up to $7.09 and dropped to $6.62 before settling in for the closing price of $6.59. YEXT’s price has ranged from $5.09 to $14.35 over the past 52 weeks.
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 19.29%. Meanwhile, its annual earnings per share averaged 1513.50%. With a float of $101.11 million, this company’s outstanding shares have now reached $122.33 million.
The extent of productivity of a business whose workforce counts for 1200 workers is very important to gauge. In terms of profitability, gross margin is +74.07, operating margin of -16.17, and the pretax margin is -15.93.
Yext Inc (YEXT) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Yext Inc is 18.78%, while institutional ownership is 61.04%. The most recent insider transaction that took place on Sep 22, was worth 93,012. In this transaction General Counsel of this company sold 15,000 shares at a rate of $6.20, taking the stock ownership to the 112,477 shares. Before that another transaction happened on Jul 07, when Company’s General Counsel sold 6,000 for $10.27, making the entire transaction worth $61,645. This insider now owns 114,224 shares in total.
Yext Inc (YEXT) Performance Highlights and Predictions
In its latest quarterly report, released on 7/30/2023, the company reported earnings of $0.06 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -16.45 while generating a return on equity of -38.80. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1513.50% per share during the next fiscal year.
Yext Inc (NYSE: YEXT) Trading Performance Indicators
Here are Yext Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17. Likewise, its price to free cash flow for the trailing twelve months is 21.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.32 in one year’s time.
Technical Analysis of Yext Inc (YEXT)
The latest stats from [Yext Inc, YEXT] show that its last 5-days average volume of 0.83 million was inferior to 1.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.04%. Additionally, its Average True Range was 0.24.
During the past 100 days, Yext Inc’s (YEXT) raw stochastic average was set at 21.74%, which indicates a significant decrease from 94.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.61% in the past 14 days, which was lower than the 62.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.23, while its 200-day Moving Average is $8.38. Now, the first resistance to watch is $7.20. This is followed by the second major resistance level at $7.38. The third major resistance level sits at $7.67. If the price goes on to break the first support level at $6.73, it is likely to go to the next support level at $6.44. Assuming the price breaks the second support level, the third support level stands at $6.26.
Yext Inc (NYSE: YEXT) Key Stats
With a market capitalization of 873.85 million, the company has a total of 124,483K Shares Outstanding. Currently, annual sales are 400,850 K while annual income is -65,940 K. The company’s previous quarter sales were 102,600 K while its latest quarter income was -3,440 K.