Tag Archives: NasdaqYNDX

These days, Yandex’s (NASDAQ:YNDX) shares are trying to emulate the behavior of the US big tech stocks, which continue to soar no matter what. The problem, however, is that the rally went too far from the reality the company operates in today. The recent stock run would make sense for Yandex in pre-covid times, but now it’s really hard to justify a ridiculously high valuation of the company. On the other hand, if we look at Yandex through the lenses of a typical growth story where the public… Source link

Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Yandex N.V. (NASDAQ:YNDX) shares for the last five years, while they gained 315%. And this is just one example of the epic gains achieved by some long term investors. Also pleasing for shareholders was the 51% gain in the last three months. The company reported its financial… Source link

Yandex (NASDAQ:YNDX) is a major Russian high-tech company. Its core product is a search engine that is one of the four most popular search engines in the world by requests. Yandex also offers taxi, food delivery, media, carsharing services, etc. Yandex accounts for 58.1% of the Russian online search market. Russian President Vladimir Putin made a statement on June 23, suggesting the introduction of tax concessions for Russian IT companies. The government is looking to reduce social insurance… Source link

Shares of Russian internet firm Yandex (NASDAQ:YNDX) are down 3% pre-market in U.S. trading despite beating Q2 estimates on the top and bottom line. Online ad revenue fell 15% Y/Y to RUB29.1M due to the coronavirus pandemic. Revenue from Yandex properties was down 11% (accounting for 49% of revenue), and ad network sales dropped 31% (10% of revenue.) The Taxi segment grew 42% Y/Y to account for 30% of total revenue, up nine percentage points on the year. The growth was primarily due to the… Source link

Yandex (NASDAQ:YNDX) is scheduled to announce Q2 earnings results on Tuesday, July 28th, before market open. The consensus EPS Estimate is $0.06 (-64.7% Y/Y) and the consensus Revenue Estimate is $579.08M (-11.8% Y/Y). Over the last 1 year, YNDX has beaten EPS estimates 25% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 3 downward. Revenue estimates have seen 1 upward revision and 1 downward. Source link

MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now… Source link

The Yandex N.V. (YNDX) shares are trading at higher $51.72 and the avg recommendation for the stock is Moderate Buy. To add more color to this target, the company’s high over the last year is $51.99 and the low is $27.93. Over the last 52 weeks, YNDX is down -0.52% while the S&P 500 is down -0.87%. The catalyst for this interesting swing was the company’s recent earnings report. A Notable Earnings Report In the last quarter, YNDX reported a profit of $395.8 million. Yandex N.V. also saw… Source link

MOSCOW and AMSTERDAM, July 09, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) today announced it will report its financial results for the quarter ended June 30, 2020, on Tuesday, July 28, 2020. On that day, management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to review and discuss the Company’s results for the second quarter. Second Quarter 2020 Financial Results Conference Call Tuesday, July 28, 2020 … Source link

MOSCOW and AMSTERDAM, June 29, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) (“Yandex,” “we” or the “Company”), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced the closing of its previously announced public offering of 8,121,827 Class A shares. Prior to the closing, the underwriter exercised in full its option to purchase an additional 1,218,274 Class A shares, and accordingly the Company… Source link

MOSCOW and AMSTERDAM, June 24, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) today announced management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to discuss the transaction and Yandex.Market strategy. Conference Call Wednesday, June 24, 2020 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) Webcast (recommended option to listen the call) Source link