Netflix, Inc. (NASDAQ:NFLX) Upgrades/Downgrades Update


Netflix, Inc. (NASDAQ:NFLX) has a 1 Year Target Estimate of $123.13. The stock traded with the volume of 7.69 Million in the last trading session. Netflix, Inc. opened at $119 and closed by showing a decrease of -0.43%. The Bid price in the last session was $117.02 x 200 and the Ask price was $117.28 x 200. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Netflix, Inc. has the Market Capitalization of 50.21 Billion. The Stock has its 52-week High of $133.27 and 52-Week Low of $79.95 and it touched its 52-week high on Dec 7, 2015 and 52-Week Low on Feb 8, 2016.

Netflix, Inc. reported its last Earnings on Oct 17 AMC where the company reported Actual EPS of $0.12/Share whereas, the Analyst Estimated EPS was $0.06/share. The difference between Actual EPS and Estimated EPS was $0.06/share. This represented an Earnings Surprise of 100%. The company will report its next earnings on Jan 17 – Jan 23 (Est.).

38 number of analysts also provided their insight on Netflix, Inc., where the Average Price Target for the stock is $123.13. They also projected Low Price Target as $60 while High Price Target is set at $165.

A number of analysts rated the stock as well: 8 analysts believe that the stock is a STRONG BUY while 14 reported it as Buy.12 analysts assigned a HOLD rating, 5 said it’s UNDERPERFORM and 2 say that this stock is a SELL.

Netflix, Inc. annual Divided is 0 while it’s Dividend Yield is 0%. The stock has its Price to Earnings (P/E) ratio of 314.52 and Forward Price to Earnings ratio of 123.68. The company has its Price to Sales (P/S) ratio of 6.14 where Price to Book (P/B) ratio of 19.83, Price to Cash Per share (P/C) of 37.38 and Price to Free Cash Flow (P/FCF) has a value of 0.

The company has its Return on Assets (ROA) of 1.4 Percent. Return on Equity (ROE) stands at 6.9% and Return on Investment (ROI) displays a value of 6.2%.

The stock is currently trading at Distance from 20-Day simple moving Average of -1.23% whereas, Distance from 50-Day Simple moving average is 4.19 Percent and Distance from 200-Day Simple Moving Average of 16.9 percent.

A look at performance overview of Netflix, Inc. depicts that Performance (Week) is -0.88 percent while Performance Month is -6.3%. Quarterly performance shows a value of 20.06% and Half Year Performance value stands at 15.56%. Yearly performance of the stock has the value of -6.68 percent. Netflix, Inc. has its YTD performance of 2.29 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 9 Nov 2016 where Chief Executive Officer Hastings (Reed) did a transaction type “Gift” in which 280000 shares were traded at a price of $0. Another insider trade includes Chief Financial Officer Wells (David B) who also initiated a transaction in which 500 shares were traded on 8 Nov 2016 as “Buy”. On 8 Nov 2016 Chief Financial Officer Wells (David B) traded 500 shares as “Sell” at $122.83. Chief Financial Officer Wells (David B) Sell 500 shares on 1 Nov 2016 at the price of $122.83.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Brean Capital on 21-Nov-16 who Initiated the stock  to Buy. Other firms have also Upgraded/Downgraded the stock. On 10-Oct-16, Deutsche Bank took an action “Initiated”  to Sell. On 13-Sep-16, the stock was Downgrade to Underperform by Macquarie.