Is Buying Yext, Inc. (YEXT) Here a Winning Strategy?

June 17, 2018 - By Clifton Ray

The stock of Yext, Inc. (NYSE:YEXT) hit a new 52-week high and has $21.54 target or 9.00 % above today’s $19.76 share price. The 6 months bullish chart indicates low risk for the $1.91B company. The 1-year high was reported on Jun, 17 by Barchart.com. If the $21.54 price target is reached, the company will be worth $172.26 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.76% or $0.15 during the last trading session, reaching $19.76. About 1.24 million shares traded or 15.78% up from the average. Yext, Inc. (NYSE:YEXT) has risen 12.85% since June 17, 2017 and is uptrending. It has outperformed by 0.28% the S&P500.

Analysts await Yext, Inc. (NYSE:YEXT) to report earnings on September, 5. They expect $-0.18 earnings per share, 0.00 % or $0.00 from last year’s $-0.18 per share. After $-0.19 actual earnings per share reported by Yext, Inc. for the previous quarter, Wall Street now forecasts -5.26 % EPS growth.

More notable recent Yext, Inc. (NYSE:YEXT) news were published by: Seekingalpha.com which released: “Yext: Value Remains At All-Time High” on June 01, 2018, also Seekingalpha.com with their article: “Yext, Inc. (YEXT) CEO Howard Lerman on Q1 2019 Results – Earnings Call Transcript” published on June 01, 2018, Fool.com published: “Yext Stock Pops 10% After Better-Than-Expected First Quarter” on June 01, 2018. More interesting news about Yext, Inc. (NYSE:YEXT) were released by: Seekingalpha.com and their article: “Yext Inside!” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Yext: The First Great Leap Forward” with publication date: June 02, 2018.

Yext, Inc. provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud in North America and Europe. The company has market cap of $1.91 billion. The firm offers Yext Knowledge Engine, a cloud global platform that enables businesses to control and manage their digital knowledge and make it available through its PowerListings Network of approximately 100 third-party maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks. It currently has negative earnings. It also provides global Knowledge Engine, which powers its listings, pages and reviews features.

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