Netflix, Inc. (NASDAQ:NFLX) rose 3.50% during previous trade. Deutsche Bank issued rating on the stock of Netflix, Inc. (NASDAQ:NFLX) in a research note issued to investors on Jan-13-17, the stock received “Upgrade” rating from Sell to Hold from $92 to $110. Additionally Stifel issued their verdict on the stock of the company, on record date of Dec-21-16 the stock was “Reiterated” as Buy from $140 to $150 besides that on Nov-21-16 Netflix, Inc. (NASDAQ:NFLX) was “Initiated” by Brean Capital as Buy at $145. Furthermore on Oct-18-16 the stock was “Reiterated” by RBC Capital Mkts as Outperform from $130 to $150.
Netflix, Inc. (NASDAQ:NFLX) shares ended last trading session at the price of $133.70 whereas a number of traders indicating mean target price will hit $125.30 over the next twelve months, mean value of price target most recently revised on 01/12/17. Netflix, Inc. (NASDAQ:NFLX)’s highest estimates of price target are $165 and low forecast is $60 based on the opinion of 40 analysts. The price target estimates represents a standard deviation of 27.24. However brokerage recommendations suggests an ABR of 2.33 based on calls of 33 experts, where 15 brokers polls the stock a Strong Buy, 3 suggest the stock a Buy, 9 suggest Hold, 1 are rating the stock as Sell while 5 as Strong Sell.
Netflix, Inc. (NASDAQ:NFLX) is expected to release the earnings of its current quarter on 1/18/17After Market Close. The company is expected to release $0.13 EPS for current quarter according to 37 analysts whereas the company reported $0.1 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.11 and high estimate of $0.16. For the current year Netflix, Inc. (NASDAQ:NFLX) has set to release EPS of $0.41 as per the sentiments of 38 analysts, however according to 39 analysts, the company expected to release $0.94 EPS for next year.
Netflix, Inc. (NASDAQ:NFLX)’s average revenue estimates for the current quarter are $2.47B according to 37 number of analysts. However its lowest revenue estimates are $2.34B and highest revenue estimates are $2.5B. A year ago the company’s sales were $1.82B. Its yearly sales growth estimates are 35.20%. For the next quarter the company has anticipated average revenues of $2.59B, according to the sentiments of 29 analysts. For the current year the company has fixed $8.82B revenues, as per the opinion of 38 analysts. For the current year the company has low revenue estimates of $8.77B in contradiction of high revenue estimates of $8.86B. Whereas for the next year revenues are set at $11.02B by 40 analysts.
The stock exchanged hands 10.52M shares versus average trading capacity of 6.57M shares, while its shares’ total market worth is $58.78B along with 429.15M outstanding shares. Netflix, Inc. (NASDAQ:NFLX) shares were trading -0.13% below from the 52-week high price mark of $133.88 and +67.23% above from the 52-week price bottom of $79.95. However the company observed 52 week high price on 01/13/17 and witnessed 52 week low price on 02/08/16. The company’s price sits 9.04% above from its 50-day moving average of $124.91 and 28.15% far from the stock’s 200-day moving average which is $108.06. Netflix, Inc. (NASDAQ:NFLX)’s price to sales ratio for trailing twelve month stands at 7.06, whereas its price to book ratio for most recent quarter sits at 22.66. However the company’s price to cash per share for most recent quarter stands at 42.95.