Netflix (NASDAQ:NFLX - Get Free Report)'s stock had its "neutral" rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research report issued on Tuesday,MarketScreener reports.
A number of other analysts have also recently weighed in on the stock. Phillip Securities cut shares of Netflix from a "hold" rating to a "strong sell" rating in a report on Monday, July 21st. The Goldman Sachs Group dropped their price target on shares of Netflix from $131.00 to $130.00 and set a "neutral" rating on the stock in a research note on Tuesday, September 30th. UBS Group reaffirmed a "buy" rating on shares of Netflix in a report on Wednesday, November 12th. Wall Street Zen lowered Netflix from a "buy" rating to a "hold" rating in a report on Saturday, October 4th. Finally, DZ Bank reiterated a "buy" rating on shares of Netflix in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $134.02.
View Our Latest Research Report on Netflix
Netflix Price Performance
NFLX opened at $111.27 on Tuesday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The company's 50-day moving average price is $117.11 and its 200 day moving average price is $120.04. Netflix has a fifty-two week low of $82.11 and a fifty-two week high of $134.12. The firm has a market cap of $47.15 billion, a price-to-earnings ratio of 4.60, a price-to-earnings-growth ratio of 1.91 and a beta of 1.58.
Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Tuesday, October 21st. The Internet television network reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.10). Netflix had a return on equity of 41.86% and a net margin of 24.05%.The company had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.52 billion. During the same period last year, the business posted $0.54 EPS. The company's revenue for the quarter was up 17.2% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. As a group, sell-side analysts expect that Netflix will post 24.58 earnings per share for the current year.
Insider Buying and Selling
In other news, insider David A. Hyman sold 314,620 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $109.98, for a total transaction of $34,603,166.08. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $34,765,942.40. This represents a 49.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Spencer Adam Neumann sold 26,000 shares of Netflix stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $117.25, for a total value of $3,048,526.00. Following the completion of the transaction, the chief financial officer owned 36,910 shares in the company, valued at $4,327,734.41. The trade was a 41.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,529,960 shares of company stock worth $175,427,521. 1.37% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in Netflix during the 2nd quarter valued at $7,929,645,000. Laurel Wealth Advisors LLC raised its position in Netflix by 128,553.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,881,129 shares of the Internet television network's stock valued at $6,536,466,000 after buying an additional 4,877,335 shares during the period. Nuveen LLC purchased a new stake in Netflix in the 1st quarter worth about $2,385,585,000. Kingstone Capital Partners Texas LLC boosted its position in Netflix by 343,058.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 2,463,876 shares of the Internet television network's stock worth $3,299,450,000 after acquiring an additional 2,463,158 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in Netflix by 57.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,393,064 shares of the Internet television network's stock valued at $3,164,134,000 after acquiring an additional 1,236,251 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.
Netflix Company Profile (
Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.
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