Currently, there are 427.46M common shares owned by the public and among those 424.64M shares have been available to trade.
The company’s stock has a 5-day price change of 3.50% and 26.47% over the past three months. NFLX shares are trading -2.43% year to date (YTD), with the 12-month market performance up to 79.20% higher. It has a 12-month low price of $476.06 and touched a high of $941.75 over the same period. NFLX has an average intraday trading volume of 3.26 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 -1.21%, -0.94%, and 21.38% respectively.
Institutional ownership of Netflix Inc (NASDAQ: NFLX) shares accounts for 83.77% of the company’s 427.46M shares outstanding.
It has a market capitalization of $371.75B and a beta (3y monthly) value of 1.27. The stock’s trailing 12-month PE ratio is 49.21, while the earnings-per-share (ttm) stands at $17.67. The company has a PEG of 1.91 and a Quick Ratio of 1.13 with the debt-to-equity ratio at 0.81. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.40% over the week and 2.61% over the month.
Analysts forecast that Netflix Inc (NFLX) will achieve an EPS of 5.64 for the current quarter, 5.76 for the next quarter and 28.59 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 5.58 while analysts give the company a high EPS estimate of 5.58. Comparatively, EPS for the current quarter was 5.28 a year ago. Earnings per share for the fiscal year are expected to increase by 19.90%, and 20.44% over the next financial year. EPS should shrink at an annualized rate of 25.80% over the next five years, compared to 35.03% over the past 5-year period.
Looking at the support for the NFLX, a number of firms have released research notes about the stock. Seaport Research Partners stated their Buy rating for the stock in a research note on January 16, 2025, with the firm’s price target at $955. Oppenheimer coverage for the Netflix Inc (NFLX) stock in a research note released on January 15, 2025 offered a Outperform rating with a price target of $1040. BMO Capital Markets was of a view on January 15, 2025 that the stock is Outperform, while Goldman gave the stock Neutral rating on January 08, 2025, issuing a price target of $750- $850. Argus on their part issued Buy rating on January 06, 2025.
