20.38 +0.06 (0.30%)
After hours: 5:17PM EDT
|Bid||19.99 x 1400|
|Ask||22.00 x 900|
|Day's Range||20.10 - 20.62|
|52 Week Range||12.90 - 27.19|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.71|
Yext (YEXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK , May 16, 2019 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the leader in Digital Knowledge Management (DKM), will report its financial results for the quarterly period ended April 30, 2019 after ...
The award recognizes outstanding innovation to provide best-in-class customer service. The annual business awards program recognizes those who are helping companies better communicate with their customers to provide a differentiated level of customer service. "Providing great service to our clients is the backbone of Yext's success.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Anyone researching Yext, Inc. (NYSE:YEXT) might want to consider the historical volatility of the sha...
HAMBURG, Germany, May 7, 2019 /PRNewswire/ -- Yext (YEXT) today announced Founder and CEO Howard Lerman is returning to the main stage at the Online Marketing Rockstars Festival 2019 (OMR). Together with OMR founder Philipp Westermeyer, Lerman will discuss the paradigm shift taking place in search as it transforms from results to answers. Lerman and Westermeyer will appear on the Conference Stage on Wednesday, May 8, at 3:10pm local time.
An old stock market saying suggests that investors “Sell in May and go away.” The first part of that adage held true, at least for the first couple of days of the new month.The move was likely driven by profit-taking, as the S&P 500 index ended April by closing Tuesday at a record high. The FOMC also poured some water on the rally Wednesday, as comments with the latest interest rate decision talked down expectations for an interest rate cut later this year.On the other hand, Friday’s April jobs report was a win for the bulls and the Nasdaq Composite also ended the week at a record high.The U.S. economy added 263,000 non-farm payrolls last month, which was well ahead of the estimate of 190,000. The headline unemployment rate also fell to 3.6%, which is the lowest level in 50 years. In addition, results from the previous two months were revised higher by 16,000 jobs. Earnings Continue to Exceed Low Expectations The markets’ run higher the past couple of weeks was largely driven by strong quarterly earnings, relative to muted expectations. 77% of companies in the S&P 500 have exceeded profits expectations so far this quarter, which is above the historical average of 67%. The best growth has been from the healthcare sector, while energy names have been a drag on overall growth.Looking ahead to next week, earnings season is winding down. On the economic front, all eyes will be on inflation; with producer prices reported on Thursday, followed by the consumer price index on Friday. With the bulk of earnings season behind us and a Fed rate cut seemingly off the table, the question looms: what are the next potential catalysts for the market?Now that U.S. stocks are up 17.5% year-to-date and valued back above 17x expected full-year earnings, is this the year to “sell in May and go away?”The fact remains that attractive investments are out there, if you’re willing to dig a little deeper.One such rapidly-growing technology name that’s worth a closer look is our Stock of the Week below… Stock of the Week: Yext (YEXT)The cloud software producer was in the news Monday, when it announced plans to open a new global headquarters in New York City during 2020.We recently added YEXT to our Smart Investor portfolio and are pleased to see that shares soared 6.6% in the last week alone. Looking ahead, these gains should keep on coming. Here’s why: Investing Heavily for Growth OpportunityThe company will invest $150 million in its new headquarters over the next decade and create 500 new jobs. These are bold plans for Yext, which generated $228 million in revenue last year and currently has just 1,000 employees.However, that’s because the company is at the forefront of the Digital Knowledge Management (DKM) business that some industry followers believe could be at least a $10 billion market opportunity.The aim of Yext’s services is to help companies manage their digital footprint and market themselves through top search engines, location services, and social media. The company has landed deals with hundreds of the top brands around the globe, with the majority of its success coming from the financial services and healthcare industries.Yext is on a January fiscal year, so management probably won’t be reporting April quarter results for another month. In the meantime, the market will be paying close attention to the company’s presentation at the JP Morgan Global Technology Media and Communications conference on May 14.Notice we said quarterly “results” and not “earnings.” That’s because the company is investing its sales back into the business and is not currently profitable. Even so, Yext’s revenue is expected to average 30% annual growth over the next two years. In addition, margins have been steadily moving higher in recent quarters and the company does generate positive operating cash flow. The fact is that 30% growth is hard to find, which should attract more investors to the stock in the coming quarters. That estimate could actually prove conservative, given the nascent growth potential of the DKM market and the fact that management has met or exceeded both revenue and bottom-line expectations each of the past eight quarters. Top Pick from a Top AnalystThe analyst community is firmly behind the stock, including top-ranked Mark Mahaney of RBC Capital. On April 21, he named the company one of his top small-cap longs for Q1 earnings, stating: “Fundamentals are improving and we think company is still in very early days, which means Revenue growth should be sustainable in the low-to-mid 30%s range. International is now breaking out and new Enterprise Logos are accelerating.”Mahaney is ranked 26 out of more than 5,000 analyst tracked by TipRanks, which lends extra credence to his vote of confidence. FYI: This is just 1 of the 20+ stocks selected for the Smart Investor portfolio. That’s where we share more detailed insights on our weekly stock picks. You may also want to learn more about how we use TipRanks indicators to find stocks that are primed to outperform. Discover the Smart Investor portfolio here >> Wishing you a world of investment success!
The fourth quarter was a rough one for most investors, as fears of a rising interest rate environment in the U.S, a trade war with China, and a more or less stagnant Europe, weighed heavily on the minds of investors. Both the S&P 500 and Russell 2000 sank as a result, with the Russell 2000, […]
Blair is an enterprise software veteran, bringing more than 20 years of experience developing and leading go-to-market teams to the role. In his new role, Blair will oversee Yext's Global Commercial Business organization, which is responsible for mid-enterprise and mid-market sales and services around the world.
NEW YORK , April 30, 2019 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the leader in digital knowledge management (DKM), today announced that Howard Lerman , Yext's Founder and Chief Executive Officer, will ...
Over 12 years, Yext’s investment in the building is expected to top $150 million, which includes rent and tens of millions for build-out.
The company, which builds software to help businesses keep their information up to date on websites such as Yelp and Facebook, expects to hire 500 people in New York over the next five years, Chief Executive Officer Howard Lerman said in an interview. To accommodate the growth, Yext signed a 12-year lease for the entire office portion of 61 Ninth Ave., Vornado Realty Trust’s new concrete-and-glass tower across from Google’s New York headquarters and Chelsea Market. Originally, Aetna Inc. was supposed to move into the Rafael Viñoly-designed building, but the health insurer dropped those plans amid a takeover by CVS Health Corp. Yext, currently based at SL Green Realty Corp.’s 1 Madison Ave., aims to move its workers into the 142,500-square-foot (13,200-square-meter) tower at the end of the year.
- Yext Partners with New York State to Promote Technology Job Growth with New 142,500 square-foot Global Headquarters. - Yext's investment in new headquarters expected to top $150 million over 12 years. - Yext Plans to Hire 500 People over Five Years in New York City.
NEW YORK , April 23, 2019 /PRNewswire/ -- Yext has been named number 2 on the list of Top 10 Companies in Tech for Millennial Women in 2019 by technology startup Mogul. "The talent, passion, and ...
Stocks with market capitalization between $2B and $10B, such as Yext, Inc. (NYSE:YEXT) with a size of US$2.4b, do not attract as much attention from the investing community as do the small-caps and large-caps. However, generally ig...
As consumers increasingly engage with brands on third-party sites, food and hospitality marketers plan to focus on collecting customer feedback across platforms and monitoring online reviews. Brand Control in the Age of AI surveyed 400 marketing decision-makers from organizations across the United States, including 100 food and hospitality marketers. As customers interact with — and review — brands across a growing number of third-party sites, reputation management is the key area of focus for this group, with 66% planning to focus on "collecting customer feedback" and 51% planning to enhance their ability to monitor and respond to online reviews.
Yext's fourth annual conference to bring together more than 1,600 attendees to hear from heavy-hitters in marketing and technology on the paradigm shift in search and how to stay ahead NEW YORK , April ...
NEW YORK, April 2, 2019 /PRNewswire/ -- Yext, Inc. (NYSE:YEXT), the leader in digital knowledge management (DKM), today announced its work with Taco Bell as the central platform to control and publish critical online information for 7,000 Taco Bell locations around the world. Taco Bell uses Yext to increase franchise discoverability, provide an excellent customer experience, and drive in-person and online orders. Yext won across the board," said Derrick Chan, Director of eCommerce, Taco Bell.
Yext Spring '19 Release adds major Chinese global digital services to the Yext Knowledge Network as well as new Google Q&A functionality and enhanced AI-ready pages. NEW YORK , March 26, 2019 /PRNewswire/ ...
Murphy brings 25 years of experience in strategic partnerships and industry to the role, having served in leadership roles at GE, Salesforce, and Morgan Stanley. NEW YORK , March 21, 2019 /PRNewswire/ ...
NEW YORK, March 20, 2019 /PRNewswire/ -- Yext, Inc. (YEXT), the leader in digital knowledge management (DKM), today announced that its underwriter exercised an option to purchase an additional 900,000 shares of Yext's common stock. Previously, Yext announced the pricing of an underwritten public offering of 6,100,000 shares of its common stock at a price to the public of $21.50 per share pursuant to an effective Registration Statement on Form S-3 filed with the U.S. Securities and Exchange Commission (the "SEC"). The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $150.5 million, inclusive of the 900,000 additional shares. All of the shares in the offering are to be sold by Yext.
Jim Cramer sits down with Yext CEO Howard Lerman about how the firm is working to tackle misinformation online.