Somewhat Favorable News Coverage Somewhat Unlikely to Impact Yandex N.V. (YNDX) Stock Price
Headlines about Yandex N.V. (NASDAQ:YNDX) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Yandex N.V. earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 45.6900645454149 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Yandex NV (YNDX) Shares Gap Down After Earnings Miss (lazeresportes.com)
- See what the IHS Markit Score report has to say about Yandex NV. (finance.yahoo.com)
- Investors Set Sail on Valuation For Yandex NV (YNDX) – Evergreen Caller (evergreencaller.com)
- eBay Inc. (EBAY) Is Attracting Massive Concentrations By Liquidation- Yandex NV (YNDX) – Investing News Update (investingbizz.com)
- Yandex and Sberbank Join Forces to Boost eCommerce Development – GlobeNewswire (press release) (globenewswire.com)
Yandex N.V. (NASDAQ YNDX) traded down 0.79% during midday trading on Friday, reaching $29.05. 2,507,784 shares of the company traded hands. Yandex N.V. has a one year low of $17.28 and a one year high of $32.44. The stock has a market capitalization of $9.44 billion, a P/E ratio of 36.82 and a beta of 2.86. The company has a 50 day moving average price of $28.98 and a 200-day moving average price of $25.72.
Yandex N.V. (NASDAQ:YNDX) last posted its earnings results on Friday, July 28th. The information services provider reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by $0.03. The business had revenue of $374.10 million for the quarter. Yandex N.V. had a net margin of 9.50% and a return on equity of 15.51%. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the business earned $12.05 earnings per share. Analysts forecast that Yandex N.V. will post $0.77 EPS for the current fiscal year.
A number of equities research analysts have recently weighed in on the stock. VTB Capital raised shares of Yandex N.V. from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research note on Thursday, August 3rd. TheStreet raised shares of Yandex N.V. from a “c-” rating to a “b-” rating in a research note on Friday, July 28th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $37.30 target price on shares of Yandex N.V. in a research note on Wednesday, July 26th. Credit Suisse Group lifted their target price on shares of Yandex N.V. from $32.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, July 25th. They noted that the move was a valuation call. Finally, Renaissance Capital reaffirmed a “sell” rating and set a $24.30 target price (up previously from $17.20) on shares of Yandex N.V. in a research note on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $31.92.
Yandex N.V. 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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