Netflix Inc (NFLX) concluded trading on Tuesday at a closing price of $932.12, with 2.32 million shares of worth about $2.16 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 37.75% during that period and on December 24, 2024 the price saw a gain of about 2.27%. 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 1.56% in past 5 days and over the past one month there was a price change of 3.98%. Year-to-date (YTD), NFLX shares are showing a performance of 91.73% which increased to 91.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $461.86 but also hit the highest price of $941.75 during that period. The average intraday trading volume for Netflix Inc shares is 3.24 million. The stock is currently trading 2.46% above its 20-day simple moving average (SMA20), while that difference is up 11.25% for SMA50 and it goes to 33.89% higher than SMA200.
Netflix Inc (NASDAQ: NFLX) currently have 427.46M outstanding shares and institutions hold larger chunk of about 83.84% of that.
The stock has a current market capitalization of $407.48B and its 3Y-monthly beta is at 1.27. PE ratio of stock for trailing 12 months is 52.75, while it has posted earnings per share of $17.67 in the same period. Its PEG reads 2.20 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 2.66% while standing at 2.19% over the month.
Stock’s fiscal year EPS is expected to rise by 64.60% while it is estimated to increase by 19.98% in next year. EPS is likely to shrink at an annualized rate of 24.00% 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 UBS on December 19, 2024 offering a Buy rating for the stock and assigned a target price range of between $825 and $1040 to it. Coverage by Oppenheimer stated Netflix Inc (NFLX) stock as an Outperform in their note to investors on December 16, 2024, suggesting a price target of $1065 for the stock. On December 16, 2024, Loop Capital Downgrade their recommendations, while on December 11, 2024, JP Morgan Reiterated their ratings for the stock with a price target of $1010. Stock get a Buy rating from Pivotal Research Group on November 20, 2024.
