Netflix, Inc. (NASDAQ:NFLX) stock moved +1.21% at the time of writing and in the range of 96.79 – 97.96 for the current session to this point.
On a consensus level, sell-side research analysts have a consensus price target of $104.68 on the stock. This is the average of the individual targets from the covering analysts polled by Thomson Reuters First Call. Analysts are projecting that the company will report earnings per share of $0.07 for next quarter. For the current year, research firms are anticipating earnings of $0.29 per share.
On a technical level the stock has a 50 Day Moving Average of $96.93. Based on a recent trade, this puts the equity at +0.94% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -26.59% away from its 52 week high of $133.27 and +22.38% away from the stock’s low point over the past 52 weeks, which was $79.95.
The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at 305.75. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 337.38. Investors looking further ahead, will note that the Price to next year’s EPS is 112.46.
Today the stock opened the current trading session at $96.90 and at the time of writing the last Bid was at $97.84. In the current session the stock reached as high as $97.96 and dipped down to $96.79. Netflix, Inc., a NMS listed company, has a current market cap of 41.95B and on average over the past 3 months has seen 10495400 shares trade hands on a daily basis.
Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. Part of the data in this report is derived from Zacks Research, Yahoo Finance and Thomson Reuters. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. The consensus numbers take into account the reports from over 160 brokerage firms. The job of analysts is to issue recommendations for their clients, and not typically for the general public. Analyst forecasts, earnings estimates and price target projections are issued to help their clients make money through stock investments. We in no way are suggesting that readers make any decision on Netflix, Inc. (NASDAQ:NFLX) based on the information in this report.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.