News headlines about Netflix (NASDAQ:NFLX) have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Netflix earned a media sentiment score of 1.77 on their scale. InfoTrie also gave news headlines about the Internet television network an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Netflix’s ranking:
NFLX has been the topic of a number of analyst reports. ValuEngine cut shares of Netflix from a “buy” rating to a “hold” rating in a research note on Friday, April 24th. Citigroup boosted their price target on shares of Netflix from $350.00 to $450.00 and gave the stock a “neutral” rating in a research note on Thursday, May 21st. Robert W. Baird upgraded shares of Netflix from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $350.00 to $415.00 in a research note on Monday, March 23rd. Wedbush boosted their price target on shares of Netflix from $194.00 to $198.00 and gave the stock an “underperform” rating in a research note on Wednesday, April 22nd. Finally, Imperial Capital boosted their price target on shares of Netflix from $485.00 to $489.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $448.46.
Shares of NASDAQ NFLX opened at $513.20 on Friday. The firm has a market cap of $223.31 billion, a PE ratio of 103.89, a PEG ratio of 2.61 and a beta of 0.96. The firm has a fifty day moving average of $442.37 and a 200 day moving average of $388.89. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.82 and a current ratio of 0.82. Netflix has a one year low of $252.28 and a one year high of $505.10.
Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, April 21st. The Internet television network reported $1.57 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.64 by ($0.07). Netflix had a return on equity of 30.83% and a net margin of 10.43%. The business had revenue of $5.77 billion for the quarter, compared to analysts’ expectations of $5.75 billion. During the same period in the previous year, the company earned $0.76 EPS. Netflix’s quarterly revenue was up 27.6% compared to the same quarter last year. On average, equities analysts predict that Netflix will post 6.43 EPS for the current fiscal year.
In other news, Director Anne M. Sweeney sold 1,500 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $436.88, for a total transaction of $655,320.00. Following the sale, the director now owns 490 shares of the company’s stock, valued at $214,071.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gregory K. Peters sold 5,047 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $425.00, for a total transaction of $2,144,975.00. Following the sale, the insider now directly owns 18,137 shares in the company, valued at approximately $7,708,225. The disclosure for this sale can be found here. In the last three months, insiders have sold 192,655 shares of company stock worth $86,881,849. Corporate insiders own 3.40% of the company’s stock.
Netflix Company Profile
Netflix, Inc provides Internet entertainment services. The company operates in three segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices.
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