Taking into account all relevant factors, Yandex N.V. (NASDAQ:YNDX) scores 100% Buy on the technical side. The share price is also flashing a Buy from the Barchart TrendSpotter trading system. Investors starting out on a short-term path of investing should know that short terms indicators for YNDX averaged 100% Buy with an average daily trading volume over the past 20 days at 1385800 shares. Those using medium-term investment strategies, the shares have overall a 1% Buy signal while the 50-day average daily volume remained almost 2245920 shares. It’s also important to note that the stock, whose average daily volume over the 100 days as of this piece was 2789656 shares, is signaling100% Buy for long term investors.
The stock is lingering around the initial support level of $42.95. After this, the following support is at the zone of $42.68. Up until the time the YNDX stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 62.51 on the daily chart, and this may be a cause for concern. In case the price goes below $42.68 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $43.74 level may cause a pull-back move approaching $44.26 mark.
Yandex N.V. (YNDX) is most likely going to rise 4.38 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $3685.95 as 12-month high price target. This represents a whopping 8258.16 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $3047.12, which means a return possibility of 6809.57 percent in comparison with the closing price of the stock of $44.1 in recent trading session. The lowest price set for the stock is $2682.13 which is just above 5981.93 percent from YNDX share’s price at the end of session.
In the recent trading session, Yandex N.V. (NASDAQ:YNDX) shares gained 2.01% or 0.87 points to reach at $44.1 with a thin trading volume of 981.871 thousand shares. It opened the trading session at $43.8, the shares rose to $43.98 and dropped to $43.19, the range by which the price of stock traded the whole session. The company now has a market cap of $14.4 billion and currently has 332.27 million outstanding shares. Yandex N.V. (YNDX) stock has plunged -0.05 percent of market value in 21 trading days.
Stock analysts at Jefferies, assumed coverage of shares of Yandex N.V. (NASDAQ:YNDX) with Buy recommendation, according to their opinion released on November 21. BofA/Merrill analysts again handed out a Buy rating to YNDX shares but they lifted target price for the firm in a flash note to investors on October 05. The price target has been raised from $49 to the new $47. BofA/Merrill, analysts launched coverage of YNDX shares with a Buy recommendation, according to their flash note to investors on October 05. Analysts at Citigroup issued an upgrade for the stock to Buy from previous rating of Neutral, in a research note that dated back to March 29.
YNDX stock’s trailing 3-year beta is 1.97, meaning there will be a greater rate of return, although posing a higher risk. The part of a firm’s profit given to each outstanding share of regular stock was $0.88 share in the trailing 52 weeks. The stock’s value fallen -0.6 percent year to date (YTD) compared to a rise of 46.34 percent in 52 week’s period. The firm’s shares are still trading -1.63 percent below its 1-year high of $44.83 and 52.54 percent up from 52-week low of $28.91. The average consensus ranking on the company is 1.6, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.
Yandex N.V. (YNDX) shares are trading at a P/E ratio of 49.1 times earnings posted in the trailing 12 months. It is additionally sporting a 4.59 on the Price-to-Sales ratio, compared to the industry’s P/S average of . Yandex N.V. has a 69.3% gross profit margin, with its operating margin around 34.2%. Alongside this, the company’s net profit margin currently stands at 11%.
Past records have indicated that shares in Yandex N.V. rose on 19 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of YNDX’s Q4 earnings on February 13. Analysts are predicting revenue to climb 33.2 percent to $809M in the financial fourth quarter, while EPS will soar by about 18.18 percent to $0.39 per share. In the last quarter, it’s earnings of $0.252838997204146 per share came worse than the $0.406246133415388, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $585.89M, topping the $561.5M analysts had expected. Earnings are seen to rise by 435.9 percent this year, 47.45 percent in the coming year and the trend continues by 0.61 percent every year in the next 5 years.