Yandex NV’s Trend Down, Especially After This Options Activity

 Yandex NV's Trend Down, Especially After This Options Activity

In today’s session Yandex NV (YNDX) recorded an unusually high (5,060) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious YNDX decrease. With 5,060 contracts traded and 1014 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: YNDX161118P00019000 closed last at: $0.6 or 20% up. About 347,625 shares traded hands. Yandex NV (NASDAQ:YNDX) has risen 59.97% since March 3, 2016 and is uptrending. It has outperformed by 51.63% the S&P500.

Analysts await Yandex NV (NASDAQ:YNDX) to report earnings on October, 25. They expect $0.09 EPS, down 35.71% or $0.05 from last year’s $0.14 per share. YNDX’s profit will be $29.47 million for 61.58 P/E if the $0.09 EPS becomes a reality. After $0.14 actual EPS reported by Yandex NV for the previous quarter, Wall Street now forecasts -35.71% negative EPS growth.

Yandex NV (NASDAQ:YNDX) Ratings Coverage

Out of 6 analysts covering Yandex N.V. (NASDAQ:YNDX), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. $25 is the highest target while $14.20 is the lowest. The $17.53 average target is -20.93% below today’s ($22.17) stock price. Yandex N.V. has been the topic of 16 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Citigroup downgraded the shares of YNDX in a report on Friday, September 11 to “Neutral” rating. The rating was upgraded by Raiffeisen to “Buy” on Monday, October 12. The rating was downgraded by Zacks to “Hold” on Tuesday, August 4. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 31. On Tuesday, October 6 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Neutral” rating by Citigroup given on Friday, May 6. Citigroup upgraded the shares of YNDX in a report on Monday, March 14 to “Buy” rating. The firm has “Overweight” rating given on Tuesday, November 17 by Morgan Stanley. HSBC initiated the shares of YNDX in a report on Monday, July 18 with “Buy” rating. The firm has “Neutral” rating given on Wednesday, September 16 by Goldman Sachs.

According to Zacks Investment Research, “Yandex N.V. operates an Internet search website in Russia. Blog searches offered by the Company’s website includes feeds from leading blog hosting and social networking sites in Russia, including LiveJournal, Vkontakte and Facebook. The Company also offers a wide range of specialized search, personalized and location-based services, including Yandex.News, Yandex.Market, Yandex.Mail and Yandex.Maps. Yandex N.V. and is headquartered in Moscow, the Russian Federation.”

Yandex N.V. is an Internet and technology company, and operates an Internet search engine. The company has a market cap of $7.26 billion. The Company’ s divisions include Search and Portal, 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; E-commerce, which includes Yandex.Market e-commerce gateway service that gives retailers an additional platform to reach clients seeking specific retailer, product or price information; Classifieds, which includes online advertising and listing services, and Taxi, which offers online transportation service delivered through Yandex and Taxi operates in over 10 cities across Russia and in Minsk, Belarus. It has a 51.89 P/E ratio.

YNDX Company Profile

Yandex N.V. (Yandex), incorporated on June 1, 2004, is an Internet and technology company, and operates an Internet search engine. The Company’ s divisions include Search and Portal, 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; E-commerce, which includes Yandex.Market e-commerce gateway service that gives retailers an additional platform to reach clients seeking specific retailer, product or price information; Classifieds, which includes online advertising and listing services, and Taxi, which offers online transportation service delivered through Yandex and Taxi operates in approximately 10 cities across Russia and in Minsk, Belarus. The Firm also operates Experimental businesses, which includes media services (including KinoPoisk, Yandex.Music, Yandex.Radio, Yandex.Tickets and Yandex.Afisha), Yandex Data Factory, discovery services (including Yandex Zen and Yandex Launcher), and search and portal in Turkey.

More recent Yandex NV (NASDAQ:YNDX) news were published by: Fool.com which released: “Why Yandex NV Stock Is Up 75% Since January” on July 07, 2016. Also Profitconfidential.com published the news titled: “Yandex NV: Is This Tech Company the Next Google Stock?” on August 21, 2016. Seekingalpha.com‘s news article titled: “The Future Of Yandex” with publication date: September 30, 2016 was also an interesting one.

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