Yandex N.V. (NASDAQ:YNDX) moved up 7.43% in a month: Spotting A Buy Candidate

Yandex N.V. (NASDAQ:YNDX) shares traded higher over the last trading session, gaining 0.46% on 06/16/21. The shares fell to a low of $67.58 before closing at $68.40. Intraday shares traded counted 1.36 million, which was 20.24% higher than its 30-day average trading volume of 1.71M. YNDX’s previous close was $68.09 while the outstanding shares total 355.41M. The firm has a beta of 1.33, a 12-month trailing P/E ratio of 116.92, and a growth ratio of 217.73. The stock’s Relative Strength Index (RSI) is 56.69, with weekly volatility at 2.03% and ATR at 1.36. The YNDX stock’s 52-week price range has touched low of $42.81 and a $74.32 high.

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Investors have identified the Internet Content & Information company Yandex N.V. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $24.20 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Yandex N.V. (YNDX) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 3.85 billion total, with 1.11 billion as their total liabilities.

YNDX were able to record 66.1 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by -522.1 million. In cash movements, the company had a total of 113.1 million as operating cash flow.

Potential earnings growth for Yandex N.V. (YNDX)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/29/2021 quarter of the year, Yandex N.V. recorded a total of 966.1 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 37.41% coming in sequential stages and their sales for the 07/29/2021 quarter reducing by -6.29%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 449.7 million trying to sell their products during the last quarter, with the result yielding a gross income of 516.4 million. This allows shareholders to hold on to 355.41M with the recently reported earning now reading -0.16 cents per share. This is a figure that compared to analyst’s prediction for their 07/29/2021 (0.08 cents a share).

Having a look at the company’s valuation, the company is expected to record 1.56 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on YNDX sounds very interesting.

Is the stock of YNDX attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 3.05%.

12 out of 16 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Yandex N.V.. 0 analysts has assigned a Sell rating on the YNDX stock. The 12-month mean consensus price target for the company’s shares has been set at $76.56.