During the recent session, Netflix Inc (NASDAQ:NFLX)’s traded shares were 0.89 million, with the beta value of the company hitting 1.61. At the last check today, the stock’s price was $1140.96, reflecting an intraday loss of -1.25% or -$14.45. The 52-week high for the NFLX share is $1164.00, that puts it down -2.02 from that peak though still a striking 48.55% gain since the share price plummeted to a 52-week low of $587.04. The company’s market capitalization is $485.56B, and the average trade volume was 5.06 million shares over the past three months.
Netflix Inc (NFLX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.74. NFLX has a Sell rating from 2 analyst(s) out of 42 analysts who have looked at this stock. 14 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 25 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 7.05.
Netflix Inc (NASDAQ:NFLX) trade information
Netflix Inc (NFLX) registered a -1.25% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.25% in intraday trading to $1140.96, hitting a weekly high. The stock’s 5-day price performance is 0.66%, and it has moved by 31.08% in 30 days. Based on these gigs, the overall price performance for the year is 91.13%.
The consensus price target of analysts on Wall Street is $1150, which implies an increase of 0.79% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $715 and $1200 respectively. As a result, NFLX is trading at a discount of -5.17% off the target high and 37.33% off the low.
Netflix Inc (NFLX) estimates and forecasts
In the rating firms’ projections, revenue will increase 13.93% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 11.04B as predicted by 40 analyst(s). Meanwhile, a consensus of 39 analyst(s) estimates revenue growth to 11.25B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 9.56B and 9.82B respectively. In this case, analysts expect current quarter sales to grow by 15.45% and then jump by 14.51% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 36.85%. While earnings are projected to return 29.03% in 2025, the next five years will return 23.71% per annum.
NFLX Dividends
Netflix Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 31.6 million shares, is of BLACKROCK INC.’s that is approximately 7.3486% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $21.33 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Netflix Inc (NFLX) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 13.39 shares. This amounts to just over 3.15 percent of the company’s overall shares, with a $15.31 billion market value. The same data shows that the other fund manager holds slightly less at 11.57, or about 2.72% of the stock, which is worth about $13.23 billion.
