NFLX has been the subject of a number of other reports. Guggenheim raised their price target on Netflix from $735.00 to $810.00 and gave the company a “buy” rating in a report on Friday, October 11th. Jefferies Financial Group lifted their price target on Netflix from $655.00 to $780.00 and gave the company a “buy” rating in a report on Tuesday, July 16th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Netflix from $590.00 to $650.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th.
Oppenheimer raised their price objective on shares of Netflix from $725.00 to $775.00 and gave the company an “outperform” rating in a research report on Thursday, October 10th. Finally, KeyCorp upped their target price on shares of Netflix from $735.00 to $760.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 1st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $747.70.
NFLX opened at $763.89 on Wednesday. The firm has a market cap of $329.24 billion, a price-to-earnings ratio of 53.01, a PEG ratio of 1.49 and a beta of 1.26. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.95 and a current ratio of 0.95. The firm’s 50-day simple moving average is $696.38 and its 200-day simple moving average is $654.94. Netflix has a twelve month low of $392.26 and a twelve month high of $766.28.
Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings data on Thursday, July 18th. The Internet television network reported $4.88 earnings per share for the quarter, topping the consensus estimate of $4.74 by $0.14. Netflix had a net margin of 19.54% and a return on equity of 32.93%. The firm had revenue of $9.56 billion for the quarter, compared to analysts’ expectations of $9.53 billion. During the same period in the prior year, the firm earned $3.29 earnings per share. The company’s quarterly revenue was up 16.8% compared to the same quarter last year. Equities research analysts anticipate that Netflix will post 19.08 EPS for the current fiscal year.
In related news, Director Leslie J. Kilgore sold 383 shares of the company’s stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $730.00, for a total value of $279,590.00. Following the completion of the transaction, the director now directly owns 35,262 shares of the company’s stock, valued at approximately $25,741,260. This represents a 0.00 % decrease in their position.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Leslie J. Kilgore sold 383 shares of the company’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $730.00, for a total transaction of $279,590.00.
Following the completion of the transaction, the director now directly owns 35,262 shares of the company’s stock, valued at $25,741,260. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David A. Hyman sold 20,656 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $605.13, for a total value of $12,499,565.28. Following the transaction, the insider now owns 31,610 shares of the company’s stock, valued at approximately $19,128,159.30.
The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 225,167 shares of company stock valued at $150,492,460 over the last quarter. Corporate insiders own 1.76% of the company’s stock.
