Among 55 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 14 Hold. When considering if perhaps the stock is under or overvalued, the average price target is $239.53 which is 5% above where the stock closed today. Vetr's target price indicates a potential upside of 3.88% from the stock's previous close.
Several other research firms have also issued reports on NFLX. However, he also noted that Netflix is up against an easier year-over-year comparison. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a $225.00 price objective (up from $210.00) on shares of Netflix in a report on Friday, October 13th. Goldman Sachs Group set a $250.00 price objective on Netflix and gave the company a buy rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirty-five have given a buy rating to the company's stock. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since January 21, 2017 and is uptrending.
The stock increased 0.81% or $0.15 during the last trading session, reaching $18.7.
The company P/E (price to earnings) ratio is 223.14 and Forward P/E ratio is 96.35. The company signed up 1.98 million new customers at home, up from a year ago and beating analysts' projections of 1.29 million, according to Bloomberg data. The 52-Week High range of the stock is $226.07, while the 52-week low range is $137.03. Netflix had a return on equity of 14.56% and a net margin of 4.04%. Analysts had a consensus revenue estimate of $3.28 billion for the quarter. For the most recent quarter, quick ratio was 1.2, current ratio was 1.2, LT Debt/Equity ratio was 1.47 and Total Debt/Equity ratio stands at 1.47, while Payout ratio is 0. The firm's revenue was up 32.6% compared to the same quarter last year. research analysts predict that Netflix will post 1.25 EPS for the current fiscal year. 3,617 shares were sold by FRIEDLAND JONATHAN, worth $735,522 on Monday, October 16. In a transaction dated January 16, 2018, the shares were put up for sale at an average price of $220.99, raking in a sum of $524,409. 903 shares valued at $175,182 were sold by KILGORE LESLIE J on Thursday, October 5.
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In the transaction dated January 12, 2018, the great number of shares disposed came courtesy the Chief Communications Officer; Friedland Jonathan disposed a total of 2,011 shares at an average price of $217.58, amounting to approximately $437,553.
In the long run, forces outside share price momentum will likely be most determinant to the success of the company and the stock. The disclosure for this sale can be found here. The Arrowpoint Asset Management Llc holds 80,000 shares with $14.51M value, up from 58,000 last quarter. Monday reported a fourth-quarter profit that surged from past year as revenues grew driven largely by strong subscriber additions. Finally, Oakbrook Investments LLC acquired a new position in Netflix in the 4th quarter worth about $840,000. Syntal Capital Partners LLC now owns 8,127 shares of the Internet television network's stock worth $1,560,000 after purchasing an additional 3,649 shares in the last quarter. TRUE Private Wealth Advisors increased its holdings in Netflix by 240.9% in the 4th quarter.
Netflix CEO Reed Hastings is playing it cool about pending competition from Disney 's upcoming over-the-top video service. The brokerage now has a buy rating on the Internet television network's stock. Institutional investors own 83.27% of the company's stock. The correct version of this news story can be accessed at https://stocknewstimes.com/2018/01/22/goldman-sachs-group-reiterates-250-00-price-target-for-netflix-nflx.html. Oppenheimer maintained Netflix, Inc. For all of 2018, he expects the company to add 4.6 million domestic subscribers and 17.36 million worldwide subscribers.