In recent trading session, Yandex N.V. (NASDAQ:YNDX) saw 1,321,991 shares changing hands with its beta currently measuring 1.36. Company’s recent per share price level of $59.59 trading at -$1.14 or -1.88% at recent trade assigns it a market valuation of $20.94 Billion. That current trading price of YNDX’s stock is at a discount of -17.65% from its 52-week high price of $70.11 and is indicating a premium of 53.13% from its 52-week low price of $27.93. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.16 Million shares which gives us an average trading volume of 3.36 Million if we extend that period to 3-months.
For Yandex N.V. (YNDX), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 1.9. Splitting up the data highlights that, out of 14 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 7 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.26 in the current quarter.
Yandex N.V. (NASDAQ:YNDX) trade information
In the face of being in the red today for losing -1.88%, in the last five days YNDX remained trading in the green while hitting it’s week-highest on Tuesday, Oct 13 when the stock touched $63.01- price level, adding 5.59% to its value on the day. Yandex N.V.’s shares saw a change of 36.79% in year-to-date performance and have moved -2.36% in past 5-day. Yandex N.V. (NASDAQ:YNDX) showed a performance of -3.32% in past 30-days. Number of shares sold short was 13.32 Million shares which calculate 3.96 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $4842 to the stock, which implies a rise of 8025.52% to its current value. Analysts have been projecting $3247.21 as a low price target for the stock while placing it at a high target of $6399.85. It follows that stock’s current price would jump +10639.81% in reaching the projected high whereas dropping to the targeted low would mean a loss of 5349.25% for stock’s current value.
Yandex N.V. (YNDX) estimates and forecasts
Statistics highlight that Yandex N.V. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +65.84% of value to its shares in past 6 months, showing an annual growth rate of -29.82% while that of industry is -21.9. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -18.8% in the current quarter and calculating -97.1% decline in the next quarter. This year revenue growth is estimated to rise 12.9% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $711.06 Million for the same. And 3 analysts are in estimates of company making revenue of $864.22 Million in the next quarter that will end in December 01, 2020. Company posted $635.6 Million and $729.95 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 11.9% while estimating it to be 18.4% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -6.1% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -72.1% while estimates for its earnings growth in next 5 years are of 0.39%
Yandex N.V. (NASDAQ:YNDX)’s Major holders
Insiders are in possession of 3.43% of company’s total shares while institution are holding 84.04% percent of that, with stock having share float percentage of 87.02%. Investors also watch the number of corporate investors in a company very closely, which is 524 institutions for Yandex N.V. that are currently holding shares of the company. Invesco Ltd. is the top institutional holder at YNDX for having 23.84 Million shares of worth $1.19 Billion. And as of June 29, 2020, it was holding 8.3% of the company’s outstanding shares.
The second largest institutional holder is Harding Loevner LLC, which was holding about 19.12 Million shares on June 29, 2020. The number of shares represents firm’s hold over 6.66% of outstanding shares, having a total worth of $956.59 Million.
On the other hand, Invesco Oppenheimer Developing Markets Fund and Capital World Growth and Income Fund are the top two Mutual Funds which own company’s shares. As of July 30, 2020, the former fund manager was holding 21808438 shares of worth $1.25 Billion or 7.59% of the total outstanding shares. The later fund manager was in possession of 13.88 Million shares on June 29, 2020, making its stake of worth around $694.12 Million in the company or a holder of 4.83% of company’s stock.