Yext (NYSE:YEXT) Earns “Buy” Rating from Roth Mkm

Yext (NYSE:YEXT)‘s stock had its “buy” rating reiterated by research analysts at Roth Mkm in a research report issued on Wednesday,Benzinga reports. They currently have a $9.50 price target on the stock, down from their prior price target of $10.50. Roth Mkm’s target price would suggest a potential upside of 46.27% from the company’s current price.

Several other equities research analysts also recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and issued a $10.00 price objective on shares of Yext in a report on Wednesday, February 12th. DA Davidson boosted their price objective on shares of Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th.

Yext Trading Down 0.4 %

YEXT traded down $0.03 on Wednesday, hitting $6.50. The company had a trading volume of 166,758 shares, compared to its average volume of 618,289. The firm has a market cap of $828.90 million, a P/E ratio of -43.23 and a beta of 1.26. The company’s fifty day moving average price is $6.50 and its 200 day moving average price is $6.68. Yext has a 1 year low of $4.29 and a 1 year high of $8.75.

Institutional Investors Weigh In On Yext

A number of institutional investors and hedge funds have recently bought and sold shares of YEXT. Wilmington Savings Fund Society FSB acquired a new stake in shares of Yext during the 3rd quarter worth about $38,000. KBC Group NV acquired a new stake in shares of Yext in the fourth quarter worth approximately $47,000. O Shaughnessy Asset Management LLC acquired a new position in Yext during the fourth quarter worth approximately $64,000. EntryPoint Capital LLC acquired a new position in shares of Yext in the 4th quarter valued at $67,000. Finally, Virtu Financial LLC purchased a new stake in shares of Yext during the 4th quarter valued at $67,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

About Yext

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.