Netflix Inc (NFLX) concluded trading on Thursday at a closing price of $837.26, with 3.02 million shares of worth about $2.53 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 37.14% during that period and on November 14, 2024 the price saw a gain of about 0.82%. Currently the company’s common shares owned by public are about 432.76M shares, out of which, 424.65M shares are available for trading.
Stock saw a price change of 5.11% in past 5 days and over the past one month there was a price change of 19.27%. Year-to-date (YTD), NFLX shares are showing a performance of 71.96% which increased to 86.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $445.64 but also hit the highest price of $836.99 during that period. The average intraday trading volume for Netflix Inc shares is 3.09 million. The stock is currently trading 7.91% above its 20-day simple moving average (SMA20), while that difference is up 14.29% for SMA50 and it goes to 28.11% higher than SMA200.
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Netflix Inc (NASDAQ: NFLX) currently have 432.76M outstanding shares and institutions hold larger chunk of about 83.81% of that.
The stock has a current market capitalization of $357.89B and its 3Y-monthly beta is at 1.25. PE ratio of stock for trailing 12 months is 47.38, while it has posted earnings per share of $17.67 in the same period. Its PEG reads 1.69 and has Quick Ratio of 1.13 while making debt-to-equity ratio of 0.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NFLX, volatility over the week remained 1.63% while standing at 1.99% over the month.
Stock’s fiscal year EPS is expected to rise by 64.56% while it is estimated to increase by 19.89% in next year. EPS is likely to shrink at an annualized rate of 28.10% for next 5-years, compared to annual growth of 35.03% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Pivotal Research Group on October 18, 2024 offering a Buy rating for the stock and assigned a target price range of between $900 and $925 to it. Coverage by Oppenheimer stated Netflix Inc (NFLX) stock as an Outperform in their note to investors on October 18, 2024, suggesting a price target of $825 for the stock. On October 18, 2024, Needham Reiterated their recommendations, while on October 16, 2024, Loop Capital Reiterated their ratings for the stock with a price target of $800. Stock get a Buy rating from Guggenheim on October 11, 2024.
