Market Analysts see Netflix Inc. [NFLX] falling to $472. Time to buy?

Netflix Inc. [NASDAQ: NFLX] closed the trading session at $502.86 on 03/25/21. The day’s price range saw the stock hit a low of $497.00, while the highest price level was $518.53. The company report on March 15, 2021 that Netflix to Announce First-Quarter 2021 Financial Results.

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Netflix, Inc. (NASDAQ: NFLX) announced it will post its first-quarter 2021 financial results and business outlook on its investor relations website at http://ir.netflix.net on Tuesday, April 20, 2021, at approximately 1:00 p.m. Pacific Time. At that time, the company will issue a brief advisory release via newswire containing a link to the first-quarter 2021 financial results and letter to shareholders on its website.


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A video interview with Netflix co-CEO Reed Hastings, co-CEO & Chief Content Officer Ted Sarandos, Chief Financial Officer Spence Neumann, COO & Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang will be available at 3:00 p.m. Pacific Time. The discussion will be moderated by Nidhi Gupta, Fidelity Management & Research Co., with questions submitted via email. Questions from investors should be submitted as well in advance as possible for inclusion to nidhi.gupta@fmr.com.

The stocks have a year to date performance of -7.00 percent and weekly performance of -0.38 percent. The stock has been moved at 6.85 percent over the last six months. The stock has performed -9.13 percent around the most recent 30 days and changed -4.64 percent over the most recent 3-months.

If compared to the average trading volume of 4.81M shares, NFLX reached to a volume of 4914274 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Netflix Inc. [NFLX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NFLX shares is $619.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NFLX stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Benchmark Company have made an estimate for Netflix Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on March 25, 2021. The new note on the price target was released on March 23, 2021, representing the official price target for Netflix Inc. stock. Previously, the target price had yet another raise to $650, while DZ Bank analysts kept a Buy rating on NFLX stock. On January 20, 2021, analysts increased their price target for NFLX shares from 510 to 700.

The Average True Range (ATR) for Netflix Inc. is set at 17.87, with the Price to Sales ratio for NFLX stock in the period of the last 12 months amounting to 8.78. The Price to Book ratio for the last quarter was 20.10, with the Price to Cash per share for the same quarter was set at 18.80. Price to Free Cash Flow for NFLX in the course of the last twelve months was 113.78 with Quick ratio for the last quarter at 1.30.

NFLX stock trade performance evaluation

Netflix Inc. [NFLX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.38. With this latest performance, NFLX shares dropped by -9.13% in over the last four-week period, additionally plugging by 6.85% over the last 6 months – not to mention a rise of 46.87% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NFLX stock in for the last two-week period is set at 42.09, with the RSI for the last a single of trading hit 39.79, and the three-weeks RSI is set at 43.96 for Netflix Inc. [NFLX]. The present Moving Average for the last 50 days of trading for this stock 534.86, while it was recorded at 518.81 for the last single week of trading, and 506.47 for the last 200 days.

Netflix Inc. [NFLX]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Netflix Inc. [NFLX] shares currently have an operating margin of +18.34 and a Gross Margin at +38.89. Netflix Inc.’s Net Margin is presently recorded at +11.05.

Return on Total Capital for NFLX is now 17.13, given the latest momentum, and Return on Invested Capital for the company is 10.50. Return on Equity for this stock inclined to 29.62, with Return on Assets sitting at 7.54. When it comes to the capital structure of this company, Netflix Inc. [NFLX] has a Total Debt to Total Equity ratio set at 167.29. Additionally, NFLX Total Debt to Total Capital is recorded at 62.59, with Total Debt to Total Assets ending up at 47.12. Long-Term Debt to Equity for the company is recorded at 160.45, with the Long-Term Debt to Total Capital now at 60.03.

Reflecting on the efficiency of the workforce at the company, Netflix Inc. [NFLX] managed to generate an average of $293,765 per employee. Receivables Turnover for the company is 21.44 with a Total Asset Turnover recorded at a value of 0.68.Netflix Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for Netflix Inc. [NFLX] stock

With the latest financial reports released by the company, Netflix Inc. posted 1.57/share EPS, while the average EPS was predicted by analysts to be reported at 1.65/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -4.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NFLX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Netflix Inc. go to 44.43%.

Netflix Inc. [NFLX]: Insider Ownership positions

There are presently around $179,652 million, or 82.20% of NFLX stock, in the hands of institutional investors. The top three institutional holders of NFLX stocks are: VANGUARD GROUP INC with ownership of 33,200,737, which is approximately -1.139% of the company’s market cap and around 1.55% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 30,232,937 shares of the stock with an approximate value of $15.2 billion in NFLX stocks shares; and BLACKROCK INC., currently with $14.45 billion in NFLX stock with ownership of nearly -1.001% of the company’s market capitalization.

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Positions in Netflix Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 1,024 institutional holders increased their position in Netflix Inc. [NASDAQ:NFLX] by around 17,775,528 shares. Additionally, 688 investors decreased positions by around 16,032,615 shares, while 266 investors held positions by with 323,452,071 shares. The mentioned changes placed institutional holdings at 357,260,214 shares, according to the latest SEC report filing. NFLX stock had 296 new institutional investments in for a total of 3,239,459 shares, while 102 institutional investors sold positions of 1,601,945 shares during the same period.

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