According to TipRanks.com, which measures analysts' and bloggers' success rate based on how their calls perform, analyst Alan Gould has a yearly average return of 13.6% and a 82% success rate.
Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Down in the future. "We have come to see these quarterly variances as mostly noise in the long-term growth trend and adoption of Internet TV", the company said in the report. Analysts predict Netflix will make $482 million on revenue of more than $11 billion for the entire year.
Netflix, Inc.is a provider an Internet television network. Netflix expects to ramp back up content investment in Q2.
Zacks Investment Research also rated the stock with a value of 1.94. Deutsche Bank AG raised their price target on shares of Netflix from $110.00 to $125.00 and gave the stock a "hold" rating in a research report on Monday, March 20th. FBR & Co reiterated a "hold" rating and issued a $144.00 target price on shares of Netflix in a report on Tuesday, April 11th. Netflix now has an average rating of "Buy" and a consensus price target of $142.76.
On 3/8/2017 Richard N Barton, Director, sold 2,000 with an average share price of $141.73 per share and the total transaction amounting to $283,460.00. Therefore the disproportionate balance is in the favor of overseas growth, the domestic growth has been slowing for years now, and the first quarter of 2016 marked the beginning of its focused push to become truly global. Netflix says it will remain fixed on dedicating more resources into streamed content. Netflix has a 12-month low of $84.50 and a 12-month high of $148.29. The firm's 50-day moving average is $143.57 and its 200-day moving average is $130.22.
Netflix (NASDAQ:NFLX) has insider ownership of 4.90% and institutional ownership of 80.42%.
Wall Street estimates earnings of $0.38 per share on revenue of $2.64, estimates provided by Reuters show. The company's market cap is $61.51 Billion, and the average volume is 5.6 Million. During the same period a year ago, the firm posted $0.06 EPS. In last year's first quarter, the video streaming firm reported earnings of 6 cents per share on $1.96 billion in revenue.
In terms of earnings per share, 29 analysts have a 0.24 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 29 analysts have a 0.24 EPS mean target and for the quarter ending Sep-17 there are 32 estimates of 1.14 EPS. Subscriber numbers will still be provided, but Netflix is growing into a more traditional reporting mold here. If you would like to discuss another topic, look for a relevant article. Bullish behavior towards NFLX pushed its value more than 2.5 percent on Monday afternoon.
In related news, General Counsel David A. Hyman sold 5,005 shares of the business's stock in a transaction on Friday, February 10th. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Highland Capital Management LLC now owns 33,317 shares of the company's stock valued at $3,271,000 after buying an additional 3,340 shares during the period.