Yext (YEXT) Receiving Somewhat Favorable Press Coverage, Analysis Finds

Headlines about Yext (NYSE:YEXT) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Yext earned a news impact score of 0.02 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 42.1839391823191 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have impacted Accern’s rankings:

Shares of Yext (NYSE:YEXT) opened at $11.64 on Monday. Yext has a one year low of $11.03 and a one year high of $15.11.

Yext (NYSE:YEXT) last released its quarterly earnings data on Thursday, November 30th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.01). Yext had a negative net margin of 40.63% and a negative return on equity of 157.17%. equities research analysts expect that Yext will post -0.7 EPS for the current year.

YEXT has been the topic of a number of analyst reports. Piper Jaffray Companies reiterated a “buy” rating and set a $17.00 price objective on shares of Yext in a research note on Thursday, October 12th. BidaskClub lowered Yext from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. KeyCorp reiterated a “buy” rating and set a $16.00 price objective on shares of Yext in a research note on Sunday, November 5th. Finally, Zacks Investment Research upgraded Yext from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $16.20.

In other news, CEO Howard Lerman sold 30,000 shares of the company’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $11.22, for a total value of $336,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Brian Distelburger sold 8,160 shares of the company’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $14.53, for a total value of $118,564.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 658,580 shares of company stock valued at $8,110,553.

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Yext Company Profile

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.

Insider Buying and Selling by Quarter for Yext (NYSE:YEXT)

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