Netflix Inc. (NASDAQ: NFLX) Has Another Chance To Impress You

Currently, there are 432.76M common shares owned by the public and among those 428.60M shares have been available to trade.

Insiders at the company have transacted a total of 166 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 66 of these insider trades were purchases, accounting for 304,227 shares. Insider sales of the common stock occurred on 100 occasions, with total insider shares sold totaling 503,127 shares.

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However, the script later moved the day high at 605.36, up 2.39%. The company’s stock has a 5-day price change of 4.61% and 25.46% over the past three months. NFLX shares are trading 23.58% year to date (YTD), with the 12-month market performance up to 89.71% higher. It has a 12-month low price of $285.33 and touched a high of $597.00 over the same period. NFLX has an average intraday trading volume of 4.85 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.47%, 15.07%, and 35.59% respectively.

Institutional ownership of Netflix Inc. (NASDAQ: NFLX) shares accounts for 82.42% of the company’s 432.76M shares outstanding.

It has a market capitalization of $260.38B and a beta (3y monthly) value of 1.21. The stock’s trailing 12-month PE ratio is 50.07, while the earnings-per-share (ttm) stands at $12.02. The company has a PEG of 2.03 and a Quick Ratio of 1.12 with the debt-to-equity ratio at 0.82. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.84% over the week and 2.11% over the month.

Analysts forecast that Netflix Inc. (NFLX) will achieve an EPS of $4.5 for the current quarter, $4.51 for the next quarter and $21.09 for 2025. The lowest estimate earnings-per-share for the quarter is $4.41 while analysts give the company a high EPS estimate of $4.63. Comparatively, EPS for the current quarter was $2.88 a year ago. Earnings per share for the fiscal year are expected to increase by 42.75%, and 23.42% over the next financial year. EPS should shrink at an annualized rate of 24.68% over the next five years, compared to 35.03% over the past 5-year period.

DZ Bank coverage for the Netflix Inc. (NFLX) stock in a research note released on January 25, 2024 offered a Buy rating with a price target of $600. Macquarie was of a view on January 24, 2024 that the stock is Outperform, while Wells Fargo gave the stock Overweight rating on January 24, 2024, issuing a price target of $460- $650. UBS on their part issued Buy rating on January 24, 2024.

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