$YEXT INDICATIONS SIGNAL A POSITIVE MOVE POST EARNINGS

Unfortunately YEXT will release earnings in the middle of a sell off, but we are confident that earnings will surprise to the upside, the stock gains will probably be hampered by market sentiment. Yext has become more appealing to the analysts community, SunTrust analysts Naved Khan yesterday reiterated a Buy rating and a $30 target, he wrote “We expect Yext’s to report strong 1Q results, in line with Street expectations when the company reports on 5/30 (post-close). We expect these results to be driven by continued enterprise sales momentum and early but growing focus on sales to mid-size customers. A spate of recent announcements around office space and workforce expansion and senior mgt. hires suggest solid momentum in the business and we expect this to be supported by key metrics and mgt’s commentary.”
From a technical perspective the chart is quite strong and in a consolidating pattern ready to move higher. Indicators are positive and buy volume has dominated since the previous earnings report.


SHORT INTEREST 8.8%
AVERAGE ANALYSTS ESTIMATE $24.13
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT

COMPANY PROFILE
Yext, Inc. is an emerging growth company engages in software development. It offers a cloud-based digital knowledge platform, which allows businesses manage their digital knowledge in the cloud such as financial information, resources and performance of these resources on a consolidated basis and sync it to other application such as Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. It offers the Yext Knowledge Engine package on subscription basis, which has an access to Listings, Pages, Reviews and other features. The Listing feature provides customers with control over their digital presence, including their location and other related attributes published on the used third-party applications. The Pages feature allows customers to establish landing pages on their own websites and to manage digital content on those sites, including calls to action. The Reviews presence enables customers to encourage and facilitate reviews from end consumers.