YEXT Stock Summary and Trading Ideas (Yext | NYSE:YEXT)

Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives the majority of its revenues from subscription services. Geographically, the company generates a majority of its revenue from North America and the rest from International markets.

Yext trades on the NYSE stock market under the symbol YEXT.

As of April 25, 2024, YEXT stock price declined to $5.40 with 182,661 million shares trading.

YEXT has a beta of 1.72, meaning it tends to be more sensitive to market movements. YEXT has a correlation of 0.11 to the broad based SPY ETF.

YEXT has a market cap of $659.37 million. This is considered a Small Cap stock.

Last quarter Yext reported $101 million in Revenue and $.10 earnings per share. This beat revenue expectation by $484,000 and exceeded earnings estimates by $.03.

In the last 3 years, YEXT stock traded as high as $15.17 and as low as $4.00.

The top ETF exchange traded funds that YEXT belongs to (by Net Assets): VTI, VB, VGT, IWM, VXF.

YEXT has underperformed the market in the last year with a price return of -39.2% while the SPY ETF gained +23.0%. YEXT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.7% and -5.4%, respectively, while the SPY returned +3.5% and -2.5%, respectively.

YEXT support price is $5.38 and resistance is $5.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that YEXT stock will trade within this expected range on the day.