#3 - YEXT (NYSE:YEXT)
Yext (NYSE:YEXT) –As a consumer, you don’t interact with Yext’s Digital Knowledge Platform (DKM), but you will soon be benefiting from it whenever you query Amazon’s Alexa for information about a business. Yext’s DKM platform allows businesses to manage their online identity across multiple platforms. They have recently announced partnerships with Yelp and with Amazon that will give them access to Amazon Alexa’s nearly 31 million subscribers. That gives them some real leverage to maintain their already impressive 38% growth in year-over-year revenue. And the market agreed, giving their shares a 15 percent lift. The caution? The company is still forecasting an adjusted loss per share of $0.11. While this is an improvement from analysts’ estimates of a $0.12 loss per share, the company is still forecasting significant losses through 2019. And with a trailing price/sales ratio of 11.4, the stock appears to be overvalued. This raises questions about whether the underlying profit opportunity is justified by the gain.
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.
Read More - Current Price
- $8.41
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 2 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $7.31 (13.0% Downside)
