Netflix Inc (NFLX) concluded trading on Thursday at a closing price of $917.87, with 2.83 million shares of worth about $2.6 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 41.53% during that period and on December 05, 2024 the price saw a gain of about 0.75%. Currently the company’s common shares owned by public are about 427.46M shares, out of which, 424.67M shares are available for trading.
Stock saw a price change of 4.62% in past 5 days and over the past one month there was a price change of 20.15%. Year-to-date (YTD), NFLX shares are showing a performance of 88.52% which increased to 101.66% 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 $915.97 during that period. The average intraday trading volume for Netflix Inc shares is 3.21 million. The stock is currently trading 6.50% above its 20-day simple moving average (SMA20), while that difference is up 16.91% for SMA50 and it goes to 35.86% higher than SMA200.
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Netflix Inc (NASDAQ: NFLX) currently have 427.46M outstanding shares and institutions hold larger chunk of about 83.81% of that.
The stock has a current market capitalization of $392.35B and its 3Y-monthly beta is at 1.27. PE ratio of stock for trailing 12 months is 51.94, while it has posted earnings per share of $17.67 in the same period. Its PEG reads 1.85 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 1.85% while standing at 2.41% over the month.
Stock’s fiscal year EPS is expected to rise by 64.56% while it is estimated to increase by 20.09% 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 November 20, 2024 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.
