FMP
Jun 7, 2024 5:03 PM - Davit Kirakosyan
Shares of Yext (NYSE:YEXT) experienced a significant jump of around 20% intra-day today following a report by Reuters indicating the company is contemplating a sale. According to sources familiar with the matter, Yext has garnered interest from potential buyers and is now exploring strategic alternatives with the assistance of investment bankers.
Yext, valued at around $600 million, is in the early stages of considering these options. Despite the ongoing discussions, there's no certainty that a transaction will occur, as the talks remain confidential.
The New York-based company is known for its software solutions that boost the online visibility of businesses across search engines and websites. Yext focuses on enhancing its clients' presence on various platforms and applications, including Amazon Alexa, Google Maps, and Apple’s Siri.
Yext has faced challenges in setting itself apart in a competitive market influenced by rapid advancements in artificial intelligence. Over the past year, the company's shares have plummeted by more than 50% due to declining revenue.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...