Yandex (YNDX) Set to Announce Earnings on Thursday
Yandex (NASDAQ:YNDX) will announce its earnings results on Thursday, February 20th. Investors that are interested in participating in the company’s conference call can do so using this link.
Yandex (NASDAQ:YNDX) opened at 41.21 on Wednesday. Yandex has a 52-week low of $19.93 and a 52-week high of $45.42. The stock’s 50-day moving average is $40.57 and its 200-day moving average is $37.88. The company has a market cap of $13.428 billion and a P/E ratio of 32.73. Yandex also was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 4,297,436 shares, a drop of 28.5% from the January 15th total of 6,011,754 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,783,002 shares, the days-to-cover ratio is presently 1.1 days.
A number of analysts have recently weighed in on YNDX shares. Analysts at Deutsche Bank cut their price target on shares of Yandex from $48.00 to $46.00 in a research note on Tuesday. On a related note, analysts at Credit Suisse raised their price target on shares of Yandex from $33.00 to $47.00 in a research note on Thursday, February 13th. Finally, analysts at Morgan Stanley raised their price target on shares of Yandex from $42.00 to $50.00 in a research note on Thursday, January 9th. Nine research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of $45.21.
Yandex NV is a provider of internet services, headquartered in the Russian Federation. The Company operates a search engine, yandex.
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