Yandex NV (YNDX) Receiving Favorable Press Coverage, Report Shows
Media stories about Yandex NV (NASDAQ:YNDX) have been trending positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Yandex NV earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned media stories about the information services provider an impact score of 45.7740273745173 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- Yandex N.V. (YNDX) stock rose 14.02% in recent quarter | Street … – Street Observer (press release) (streetobserver.com)
- Stocks To Invest: Camden Property Trust (CPT), Yandex NV (YNDX) – ExpressNewsline (expressnewsline.com)
- Stock Views And Recommendations: Yandex NV (NASDAQ:YNDX), Valero Energy Corporation (NYSE:VLO), Gogo Inc … – Market Breaking Point (press release) (journalfinance.net)
- Signal Spotter: Shares of Yandex NV (YNDX) Above Chikou – MTNV (mtnvnews.com)
- Overview of Different Indicators: Yandex NV (YNDX), Citizens Financial Group, Inc. (CFG) – AllStockNews (allstocknews.com)
Yandex NV (NASDAQ:YNDX) traded up 7.33% during mid-day trading on Friday, reaching $32.21. 7,719,067 shares of the company’s stock were exchanged. Yandex NV has a one year low of $17.28 and a one year high of $32.85. The firm has a market capitalization of $10.47 billion, a P/E ratio of 40.82 and a beta of 2.86. The company’s 50-day moving average is $30.26 and its 200 day moving average is $26.50.
Yandex NV (NASDAQ:YNDX) last released its quarterly earnings results on Friday, July 28th. The information services provider reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.03. The firm had revenue of $374.10 million for the quarter. Yandex NV had a net margin of 15.76% and a return on equity of 17.72%. The business’s revenue was up 22.5% on a year-over-year basis. During the same period last year, the firm posted $12.05 earnings per share. Equities analysts predict that Yandex NV will post $0.79 earnings per share for the current fiscal year.
A number of research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Yandex NV from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Renaissance Capital reissued a “sell” rating and set a $24.30 price target (up from $17.20) on shares of Yandex NV in a research report on Friday, July 14th. TheStreet raised shares of Yandex NV from a “c-” rating to a “b-” rating in a research report on Friday, July 28th. HSBC Holdings plc reissued a “buy” rating and set a $34.60 price target (up from $33.40) on shares of Yandex NV in a research report on Friday, July 14th. Finally, VTB Capital raised shares of Yandex NV from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research report on Thursday, June 15th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $31.92.
Yandex NV Company Profile
Yandex N.V. is an Internet and technology company, and operates Internet search engine. The Company’s segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company’s Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices.
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