Yandex N.V. (NASDAQ:YNDX) released its earnings results on Tuesday. The information services provider reported $0.13 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.13, MarketWatch Earnings reports. Yandex N.V. had a net margin of 9.50% and a return on equity of 15.51%. The company had revenue of $404.00 million during the quarter, compared to analysts’ expectations of $399.96 million. During the same quarter last year, the business earned $11.64 EPS. The business’s revenue was up 21.5% on a year-over-year basis.

Shares of Yandex N.V. (NASDAQ:YNDX) opened at 32.82 on Wednesday. The company has a 50 day moving average of $32.42 and a 200 day moving average of $29.01. The firm has a market cap of $10.67 billion, a PE ratio of 41.60 and a beta of 2.82. Yandex N.V. has a 52 week low of $17.28 and a 52 week high of $34.27.

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YNDX has been the subject of several recent analyst reports. VTB Capital upgraded shares of Yandex N.V. from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Thursday, August 3rd. Zacks Investment Research cut shares of Yandex N.V. from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Credit Suisse Group raised their target price on shares of Yandex N.V. from $32.00 to $37.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 25th. They noted that the move was a valuation call. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $37.30 target price on shares of Yandex N.V. in a research note on Wednesday, July 26th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $38.00 target price (up previously from $35.00) on shares of Yandex N.V. in a research note on Friday, July 14th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $35.16.

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.

Earnings History for Yandex N.V. (NASDAQ:YNDX)

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