Why Today Is the Best Time to Buy Yandex N.V. [YNDX] Stock at $68.74

Over the past three months, Yandex N.V. [YNDX] ended the trading day at $68.74 and exhibited a change of -0.87% with a 24 hour trading and reached upto the volume of 2.54M compared to its recorded trading volume of 0.96 million. YNDX generated a 1 year amount change with 71.59%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 5.67% with an amount shift of 20.15% over the last month.

On 29, October 2020, Yandex Announces Results of 2020 Annual General Meeting of Shareholders. According to news published on Yahoo Finance, Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2020 Annual General Meeting of Shareholders (“AGM”), held on Thursday, October 29, 2020, have been approved.

Analyst Birdseye View:

The most recent analyst activity for Yandex N.V. [NASDAQ:YNDX] stock was on October 30, 2020, when it was Resumed with a Buy rating from Goldman. Before that, on November 24, 2020, BofA Securities Recapitulated a Buy rating and elevated its amount target to $80. On October 30, 2020, Jefferies Downgrade a Hold rating. On September 23, 2020, BofA Securities Downgrade a Neutral rating. On April 15, 2020, UBS Downgrade a Neutral rating. On February 18, 2020, Morgan Stanley Downgrade an Equal-weight rating. On November 21, 2018, Jefferies Initiated a Buy rating. On October 05, 2018 BofA/Merrill Reiterated a Buy rating and elevated its amount target to $47.

In the past 52 weeks of trading, this stock has oscillated between a low of $27.93 and a peak of $70.53. Right now, the middling Wall Street analyst 12-month amount mark is $5083.35. At the most recent market close, shares of Yandex N.V. [NASDAQ:YNDX] were valued at $68.74. According to the average price forecast, investors can expect a potential return of 98.71%.

FUNDAMENTAL ANALYSIS

Yandex N.V. [NASDAQ:YNDX] most recently reported quarterly sales of 790.53 billion, which represented growth of 29.60%. This publicly-traded organization’s revenue is $268,593 per employee, while its income is $19,642 per employee. This company’s Gross Margin is currently 63.70%, its Operating Margin is 18.10%, its Pretax Margin is +15.25, and its Net Margin is +7.31. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 4.85, 6.91, 11.01 and 6.71 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 9.91 and the whole liability to whole assets at 7.37. It shows enduring liability to the whole principal at 5.01 and enduring liability to assets at 0.04 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 68.87 points at 1st support level, the second support level is making up to 68.41. But as of 1st resistance point, this stock is sitting at 69.74 and at 70.15 for 2nd resistance point.

Yandex N.V. [YNDX] reported its earnings at $0.28 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.29/share signifying the difference of -0.01 and -3.40% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.07 calling estimates for $0.05/share with the difference of 0.02 depicting the surprise of 40.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Yandex N.V. [NASDAQ:YNDX] is 5.00. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.90. Now if looking for a valuation of this stock’s amount to sales ratio it’s 5.25, it’s amount to book ratio is 4.57 and showing 73.53 of P/E (TTM) ratio.