Yandex NV (NASDAQ:YNDX) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,273,542 shares, an increase of 30.4% from the February 15th total of 1,743,947 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 3,447,200 shares, the days-to-cover ratio is presently 0.7 days.
Shares of Yandex (NASDAQ YNDX) opened at $42.98 on Tuesday. The firm has a market cap of $14,000.00, a PE ratio of 91.45, a P/E/G ratio of 1.06 and a beta of 2.65. Yandex has a 1-year low of $21.40 and a 1-year high of $44.49. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.28 and a quick ratio of 4.47.
Yandex (NASDAQ:YNDX) last posted its quarterly earnings data on Thursday, February 15th. The information services provider reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The business had revenue of $483.70 million during the quarter. Yandex had a net margin of 9.32% and a return on equity of 17.70%. The business’s revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period in the previous year, the company earned $9.94 EPS. analysts forecast that Yandex will post 1.17 EPS for the current fiscal year.
YNDX has been the subject of several analyst reports. Deutsche Bank boosted their price target on shares of Yandex to $50.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. BidaskClub raised shares of Yandex from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th. TheStreet raised shares of Yandex from a “c” rating to a “b+” rating in a report on Thursday, February 15th. JPMorgan Chase & Co. reissued an “overweight” rating and set a $47.00 price target on shares of Yandex in a report on Thursday, February 8th. Finally, Bank of America upped their price objective on shares of Yandex from $38.00 to $45.00 and gave the stock a “buy” rating in a report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $38.90.
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Yandex 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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