Currently, there are 427.76M common shares owned by the public and among those 424.93M shares have been available to trade.
The company’s stock has a 5-day price change of 2.37% and 31.59% over the past three months. NFLX shares are trading 11.62% year to date (YTD), with the 12-month market performance up to 75.30% higher. It has a 12-month low price of $542.01 and touched a high of $999.00 over the same period. NFLX has an average intraday trading volume of 3.48 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 8.59%, 9.44%, and 35.50% respectively.
Institutional ownership of Netflix Inc (NASDAQ: NFLX) shares accounts for 83.69% of the company’s 427.76M shares outstanding.
It has a market capitalization of $425.56B and a beta (3y monthly) value of 1.38. The stock’s trailing 12-month PE ratio is 50.17, while the earnings-per-share (ttm) stands at $19.83. The company has a PEG of 2.23 and a Quick Ratio of 1.22 with the debt-to-equity ratio at 0.73. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.33% over the week and 2.74% over the month.
Earnings per share for the fiscal year are expected to increase by 24.90%, and 22.40% over the next financial year. EPS should shrink at an annualized rate of 22.45% over the next five years, compared to 36.85% over the past 5-year period.
Looking at the support for the NFLX, a number of firms have released research notes about the stock. Bernstein stated their Outperform rating for the stock in a research note on January 24, 2025, with the firm’s price target at $975-$1200. Wolfe Research coverage for the Netflix Inc (NFLX) stock in a research note released on January 23, 2025 offered a Outperform rating with a price target of $1100. The Benchmark Company was of a view on January 22, 2025 that the stock is Hold, while Rosenblatt gave the stock Buy rating on January 22, 2025, issuing a price target of $1494. Canaccord Genuity on their part issued Buy rating on January 22, 2025.
