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Yext

NYSE:YEXT
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
YEXT
NYSE
$2B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Yext, Inc. provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and synchronize it to its knowledge network in North America and internationally. The last earnings update was 19 days ago. More info.


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YEXT Share Price and Events
7 Day Returns
1.2%
NYSE:YEXT
0.3%
US Software
0.1%
US Market
1 Year Returns
3.7%
NYSE:YEXT
21%
US Software
1.2%
US Market
YEXT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Yext (YEXT) 1.2% -3.9% -7.9% 3.7% - -
US Software 0.3% 0.3% 5.2% 21% 122.1% 149.1%
US Market 0.1% 0.6% 0.9% 1.2% 36.7% 37.9%
1 Year Return vs Industry and Market
  • YEXT underperformed the Software industry which returned 21% over the past year.
  • YEXT outperformed the Market in United States of America which returned 1.2% over the past year.
Price Volatility
YEXT
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Yext undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Yext to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Yext.

NYSE:YEXT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:YEXT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.137 (1 + (1- 21%) (1.62%))
1.101
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.101 * 5.96%)
9.29%

Discounted Cash Flow Calculation for NYSE:YEXT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Yext is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:YEXT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.29%)
2019 -20.41 Analyst x3 -18.67
2020 -14.86 Analyst x3 -12.44
2021 -1.31 Analyst x4 -1.00
2022 22.00 Analyst x1 15.42
2023 37.00 Est @ 68.2% 23.73
2024 54.97 Est @ 48.56% 32.25
2025 74.10 Est @ 34.81% 39.78
2026 92.77 Est @ 25.18% 45.57
2027 109.88 Est @ 18.45% 49.38
2028 124.97 Est @ 13.73% 51.39
Present value of next 10 years cash flows $225.40
NYSE:YEXT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $124.97 × (1 + 2.73%) ÷ (9.29% – 2.73%)
$1,955.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,955.95 ÷ (1 + 9.29%)10
$804.28
NYSE:YEXT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $225.40 + $804.28
$1,029.68
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,029.68 / 111.11
$9.27
NYSE:YEXT Discount to Share Price
Calculation Result
Value per share (USD) From above. $9.27
Current discount Discount to share price of $20.38
= -1 x ($20.38 - $9.27) / $9.27
-119.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Yext is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Yext's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Yext's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:YEXT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in USD $-0.76
NYSE:YEXT Share Price ** NYSE (2019-06-18) in USD $20.38
United States of America Software Industry PE Ratio Median Figure of 81 Publicly-Listed Software Companies 50.31x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Yext.

NYSE:YEXT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:YEXT Share Price ÷ EPS (both in USD)

= 20.38 ÷ -0.76

-26.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yext is loss making, we can't compare its value to the US Software industry average.
  • Yext is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Yext's expected growth come at a high price?
Raw Data
NYSE:YEXT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -26.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
14.7%per year
United States of America Software Industry PEG Ratio Median Figure of 67 Publicly-Listed Software Companies 3.02x
United States of America Market PEG Ratio Median Figure of 2,126 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Yext, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Yext's assets?
Raw Data
NYSE:YEXT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in USD $2.11
NYSE:YEXT Share Price * NYSE (2019-06-18) in USD $20.38
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.71x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
NYSE:YEXT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:YEXT Share Price ÷ Book Value per Share (both in USD)

= 20.38 ÷ 2.11

9.66x

* Primary Listing of Yext.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yext is overvalued based on assets compared to the US Software industry average.
X
Value checks
We assess Yext's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Yext has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Yext expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Yext expected to grow at an attractive rate?
  • Unable to compare Yext's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Yext's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Yext's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:YEXT Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:YEXT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 14.7%
NYSE:YEXT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 23.7%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:YEXT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:YEXT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-01-31 821 152 -8 1
2023-01-31 635 77 -64 2
2022-01-31 505 39 -99 5
2021-01-31 390 7 -103 9
2020-01-31 300 -7 -98 9
NYSE:YEXT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-04-30 246 5 -77
2019-01-31 228 5 -75
2018-10-31 213 -28 -80
2018-07-31 198 -21 -72
2018-04-30 184 -23 -68
2018-01-31 170 -32 -67
2017-10-31 158 -31 -64
2017-07-31 145 -24 -57
2017-04-30 134 -24 -50
2017-01-31 124 -14 -43
2016-10-31 114 -6 -37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Yext is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Yext's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:YEXT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Yext Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:YEXT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-01-31 -0.07 -0.07 -0.07 1.00
2023-01-31 -0.53 -0.53 -0.53 1.00
2022-01-31 -0.84 -0.70 -1.03 4.00
2021-01-31 -0.87 -0.60 -1.12 6.00
2020-01-31 -0.88 -0.72 -0.96 6.00
NYSE:YEXT Past Financials Data
Date (Data in USD Millions) EPS *
2019-04-30 -0.76
2019-01-31 -0.76
2018-10-31 -0.83
2018-07-31 -0.77
2018-04-30 -0.73
2018-01-31 -0.85
2017-10-31 -1.01
2017-07-31 -1.18
2017-04-30 -1.49
2017-01-31 -1.39
2016-10-31 -1.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Yext will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Yext's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Yext has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Yext performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Yext's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Yext does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Yext's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Yext's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
Yext's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Yext Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:YEXT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 246.00 -76.76 224.64 38.28
2019-01-31 228.28 -74.84 210.42 36.10
2018-10-31 212.85 -79.90 205.20 34.12
2018-07-31 198.44 -72.20 188.61 31.92
2018-04-30 184.11 -67.50 176.62 28.43
2018-01-31 170.20 -66.57 167.06 25.69
2017-10-31 157.85 -64.14 156.10 23.55
2017-07-31 145.43 -57.30 141.09 21.35
2017-04-30 134.22 -49.91 125.67 19.53
2017-01-31 124.26 -43.15 110.70 19.32
2016-10-31 114.27 -36.84 96.10 18.78
2016-01-31 89.72 -26.50 68.63 16.20
2015-01-31 60.00 -17.27 40.58 11.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Yext has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Yext has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Yext improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Yext's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Yext has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Yext's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Yext's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Yext is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Yext's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Yext's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Yext has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Yext Company Filings, last reported 1 month ago.

NYSE:YEXT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 234.16 36.59 284.11
2019-01-31 84.55 0.00 142.78
2018-10-31 71.87 0.00 107.03
2018-07-31 75.61 0.00 124.82
2018-04-30 80.29 0.00 124.11
2018-01-31 81.45 0.00 118.34
2017-10-31 84.13 0.00 113.47
2017-07-31 92.88 0.00 127.27
2017-04-30 103.68 0.00 133.74
2017-01-31 -7.14 5.00 24.42
2016-10-31 3.41 0.00 20.73
2016-01-31 25.38 0.00 30.03
2015-01-31 46.18 0.00 48.95
  • Yext has no debt.
  • Yext currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Yext has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Yext has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -19% per year.
X
Financial health checks
We assess Yext's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Yext has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Yext's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Yext dividends. Estimated to be 0% next year.
If you bought $2,000 of Yext shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Yext's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Yext's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:YEXT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:YEXT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-01-31
2023-01-31 0.00 1.00
2022-01-31 0.00 1.00
2021-01-31 0.00 1.00
2020-01-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Yext has not reported any payouts.
  • Unable to verify if Yext's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Yext's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Yext has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Yext's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Yext's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Yext afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Yext has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Yext's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Howard Lerman
COMPENSATION $3,740,590
AGE 38
TENURE AS CEO 12.7 years
CEO Bio

Mr. Howard Lerman founded Yext, Inc. in 2006 and serves as its Chief Executive Officer since October 2006. Mr. Lerman is a five-time entrepreneur. His previous ventures all went on to successful exits including the sale of Felix to IAC in 2012. He Co-Founded Confide, Inc. in 2013 and serves as its Chairman. Mr. Lerman served as Chairman of the Board of Yext, Inc. He has been a Director at Yext, Inc. since 2006. He is a graduate of Duke University. Mr. Lerman is a graduate of Thomas Jefferson High School for Science and Technology and holds a B.A. in History from Duke University.

CEO Compensation
  • Howard's compensation has increased whilst company is loss making.
  • Howard's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Yext management team in years:

2.8
Average Tenure
49
Average Age
  • The tenure for the Yext management team is about average.
Management Team

Howard Lerman

TITLE
Founder
COMPENSATION
$4M
AGE
38
TENURE
12.7 yrs

Brian Distelburger

TITLE
Co-Founder
COMPENSATION
$2M
AGE
39

Jim Steele

TITLE
President & Chief Revenue Officer
COMPENSATION
$10M
AGE
63
TENURE
2.4 yrs

Steve Cakebread

TITLE
Chief Financial Officer
COMPENSATION
$810K
AGE
66
TENURE
4.7 yrs

Tom Dixon

TITLE
Chief Technology Officer
COMPENSATION
$707K
AGE
37
TENURE
2.3 yrs

Darryl Bond

TITLE
Chief Accounting Officer

Conrad Grodd

TITLE
Vice President of Investor Relations

Ho Shin

TITLE
Executive VP
AGE
49
TENURE
2.8 yrs

Dave Lehman

TITLE
Executive VP of Global Marketing & Sales Operations
TENURE
0.1 yrs

Skip Schipper

TITLE
Chief People Officer & Executive VP
AGE
57
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure and age of the Yext board of directors in years:

9.7
Average Tenure
41
Average Age
  • The tenure for the Yext board of directors is about average.
Board of Directors

Mike Walrath

TITLE
Chairman of the Board
COMPENSATION
$266K
AGE
42
TENURE
8.3 yrs

Howard Lerman

TITLE
Founder
COMPENSATION
$4M
AGE
38
TENURE
13.4 yrs

Brian Distelburger

TITLE
Co-Founder
COMPENSATION
$2M
AGE
39
TENURE
13.4 yrs

Andy Sheehan

TITLE
Non-Employee Director
COMPENSATION
$252K
AGE
60
TENURE
11.1 yrs

Jesse Lipson

TITLE
Non-Employee Director
COMPENSATION
$249K
AGE
40
TENURE
6.8 yrs

Julie Richardson

TITLE
Non-Employee Director
COMPENSATION
$256K
AGE
55
TENURE
4.1 yrs

Bruce Little

TITLE
Member of the Advisory Board

Rick Mattoon

TITLE
Member of the Advisory Board

Rex Richard

TITLE
Member of the Advisory Board

Joey Cirruzzo

TITLE
Member of the Advisory Board
Who owns this company?
Recent Insider Trading
  • Yext insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. Apr 19 Sell Howard Lerman Individual 15. Apr 19 15. Apr 19 -150 $21.22 $-3,183
27. Dec 18 Buy Michael Walrath Individual 21. Dec 18 21. Dec 18 100,000 $13.35 $1,335,000
07. Dec 18 Buy Michael Walrath Individual 06. Dec 18 06. Dec 18 64,987 $15.40 $999,987
X
Management checks
We assess Yext's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Yext has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

If You Had Bought Yext (NYSE:YEXT) Stock A Year Ago, You Could Pocket A 42% Gain Today

(NYSE:YEXT) share price is up 42% in the last year, clearly besting than the market return of around 2.6% (not including dividends). … It is all well and good that insiders have been buying shares, but we suggest you check here to see what price insiders were buying at. … Yext is not the only stock insiders are buying.

Simply Wall St -

Why Yext, Inc. (NYSE:YEXT) Could Be Worth Watching

received a lot of attention from a substantial price increase on the NYSE over the last few months. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … However, could the stock still be trading at a relatively cheap price

Simply Wall St -

Does The Yext, Inc. (NYSE:YEXT) Share Price Fall With The Market?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Why Yext, Inc. (NYSE:YEXT) Is A Financially Healthy Company

Let’s take a look at YEXT’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis. … Does YEXT face the risk of succumbing to its debt-load?

Simply Wall St -

Will Yext, Inc.'s (NYSE:YEXT) Earnings Grow In The Next Couple Of Years?

Yext, Inc.'s (NYSE:YEXT) released its most recent earnings update in January 2019, which … that losses became smaller relative to the prior year's level … as a result of recent tailwinds

Simply Wall St -

Are Yext, Inc.'s (NYSE:YEXT) Interest Costs Too High?

However, the trade-off is YEXT will have to follow strict debt obligations which will reduce its financial flexibility. … Zero-debt can alleviate some risk associated with the company meeting debt obligations, but this doesn’t automatically mean YEXT has outstanding financial strength. … Is financial flexibility worth the lower cost of capital.

Simply Wall St -

Have Insiders Been Buying Yext, Inc. (NYSE:YEXT) Shares?

For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.'. … The Last 12 Months Of Insider Transactions At Yext. … Chairman of the Board Michael Walrath made the biggest insider purchase in the last 12 months.

Simply Wall St -

What Percentage Of Yext Inc (NYSE:YEXT) Shares Do Insiders Own?

A look at the shareholders of Yext Inc (NYSE:YEXT) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Let's take a closer look to see what the different types of shareholder can tell us about YEXT

Simply Wall St -

Are Yext Inc's (NYSE:YEXT) Interest Costs Too High?

Yext Inc (NYSE:YEXT), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is YEXT growing fast enough to value financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

Breaking Down Yext Inc's (NYSE:YEXT) Ownership Structure

In this analysis, my focus will be on developing a perspective on Yext Inc’s (NYSE:YEXT) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

Company Info

Description

Yext, Inc. provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and synchronize it to its knowledge network in North America and internationally. The company offers Yext Knowledge Engine, a cloud-based global platform that enables businesses to control and manage their digital knowledge and make it available through its knowledge Network of approximately 150 third-party maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks. Its Knowledge Engine is used by end consumers to discover new businesses, read reviews, and find answers to queries. Yext, Inc. serves luxury, retail, food, hospitality, and financial services industries. The company was founded in 2006 and is headquartered in New York, New York.

Details
Name: Yext, Inc.
YEXT
Exchange: NYSE
Founded: 2006
$2,264,446,582
111,111,216
Website: http://www.yext.com
Address: Yext, Inc.
1 Madison Avenue,
5th Floor,
New York,
New York, 10010,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE YEXT Common Stock New York Stock Exchange US USD 13. Apr 2017
DB 0YE Common Stock Deutsche Boerse AG DE EUR 13. Apr 2017
LSE 0M2Q Common Stock London Stock Exchange GB USD 13. Apr 2017
Number of employees
Current staff
Staff numbers
900
Yext employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 00:54
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/06/12
Last earnings filing: 2019/05/31
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.