Yandex N.V. (YNDX) Set to Announce Quarterly Earnings on Friday
Yandex N.V. (NASDAQ:YNDX) is scheduled to be announcing its earnings results before the market opens on Friday, July 28th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.
Yandex N.V. (NASDAQ:YNDX) last issued its earnings results on Thursday, April 27th. The information services provider reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.05. The business had revenue of $20.65 billion for the quarter. Yandex N.V. had a net margin of 8.07% and a return on equity of 14.52%. The company’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $9.81 earnings per share. On average, analysts expect Yandex N.V. to post $0.85 EPS for the current fiscal year and $1.09 EPS for the next fiscal year.
Shares of Yandex N.V. (NASDAQ:YNDX) opened at 31.36 on Friday. Yandex N.V. has a 52 week low of $17.28 and a 52 week high of $32.44. The company has a market cap of $10.15 billion, a P/E ratio of 48.54 and a beta of 2.85. The company’s 50-day moving average price is $27.39 and its 200 day moving average price is $24.84.
A number of equities analysts have commented on the company. Zacks Investment Research cut Yandex N.V. from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. BidaskClub cut Yandex N.V. from a “hold” rating to a “sell” rating in a report on Saturday, June 17th. Deutsche Bank AG reissued a “buy” rating and set a $35.00 target price (up previously from $28.00) on shares of Yandex N.V. in a report on Saturday, April 29th. Standpoint Research cut Yandex N.V. from a “buy” rating to a “hold” rating in a report on Friday, April 7th. Finally, VTB Capital raised Yandex N.V. from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Thursday, June 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $28.76.
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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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