Netflix Inc (NFLX) concluded trading on Wednesday at a closing price of $883.85, with 4.05 million shares of worth about $3.58 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.00% during that period and on November 20, 2024 the price saw a gain of about 1.44%. Currently the company’s common shares owned by public are about 432.76M shares, out of which, 424.66M shares are available for trading.
Stock saw a price change of 6.43% in past 5 days and over the past one month there was a price change of 15.65%. Year-to-date (YTD), NFLX shares are showing a performance of 81.53% which increased to 86.28% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $445.73 but also hit the highest price of $874.49 during that period. The average intraday trading volume for Netflix Inc shares is 3.10 million. The stock is currently trading 11.22% above its 20-day simple moving average (SMA20), while that difference is up 18.29% for SMA50 and it goes to 34.03% higher than SMA200.
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Netflix Inc (NASDAQ: NFLX) currently have 432.76M outstanding shares and institutions hold larger chunk of about 83.77% of that.
The stock has a current market capitalization of $377.81B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 50.01, while it has posted earnings per share of $17.67 in the same period. Its PEG reads 1.78 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 2.97% while standing at 2.10% over the month.
Stock’s fiscal year EPS is expected to rise by 64.56% while it is estimated to increase by 19.86% 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 Nov-21-24 offering a Buy rating for the stock and assigned a target price range of between $925 and $1100 to it. Coverage by Pivotal Research Group stated Netflix Inc (NFLX) stock as a Buy in their note to investors on October 18, 2024, suggesting a price target of $925 for the stock. On October 18, 2024, Oppenheimer Reiterated their recommendations, while on October 18, 2024, Needham Reiterated their ratings for the stock with a price target of $800. Stock get a Buy rating from Loop Capital on October 16, 2024.
