Netflix Inc. [NFLX] gain 3.70% so far this year. What now?

Netflix Inc. [NASDAQ: NFLX] jumped around 0.66 points on Tuesday, while shares priced at $305.79 at the close of the session, up 0.22%. The company report on March 20, 2023 that INTEGRAL AD SCIENCE AD VERIFICATION PROGRAM GOES LIVE WITH NETFLIX.

IAS partners with Netflix to provide advertisers with essential verification metrics for the new ad-supported plan.

Integral Ad Science (Nasdaq: IAS), a global leader in digital media quality, today launched Viewability and Invalid Traffic verification for Netflix’s (Nasdaq:NFLX) ad-supported plan, following the partnership announcement in 2022. These solutions ensure advertising campaigns running on Netflix are delivered fraud-free and are seen by real viewers.

Netflix Inc. stock is now 3.70% up from its year-to-date (YTD) trading value. NFLX Stock saw the intraday high of $307.92 and lowest of $300.43 per share. The company’s 52-week high price is 396.50, which means current price is +7.17% above from all time high which was touched on 02/03/23.

Compared to the average trading volume of 7.69M shares, NFLX reached a trading volume of 4840442 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $357.23 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 2.30. 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.

Argus have made an estimate for Netflix Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 23, 2023. While these analysts kept the previous recommendation, Wolfe Research raised their target price from $366 to $417. The new note on the price target was released on January 20, 2023, representing the official price target for Netflix Inc. stock. Previously, the target price had yet another raise from $400 to $410, while Wedbush kept a Outperform rating on NFLX stock. On January 20, 2023, analysts increased their price target for NFLX shares from 225 to 250.

The Average True Range (ATR) for Netflix Inc. is set at 10.98, with the Price to Sales ratio for NFLX stock in the period of the last 12 months amounting to 4.40. The Price to Book ratio for the last quarter was 6.55, with the Price to Cash per share for the same quarter was set at 13.32. Price to Free Cash Flow for NFLX in the course of the last twelve months was 85.95 with Quick ratio for the last quarter at 1.20.

How has NFLX stock performed recently?

Netflix Inc. [NFLX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.68. With this latest performance, NFLX shares dropped by -12.12% in over the last four-week period, additionally plugging by 25.51% over the last 6 months – not to mention a drop of -19.66% 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 41.86, with the RSI for the last a single of trading hit 43.89, and the three-weeks RSI is set at 43.15 for Netflix Inc. [NFLX]. The present Moving Average for the last 50 days of trading for this stock 333.57, while it was recorded at 305.65 for the last single week of trading, and 266.39 for the last 200 days.

Netflix Inc. [NFLX]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Netflix Inc. [NFLX] shares currently have an operating margin of +17.82 and a Gross Margin at +39.37. Netflix Inc.’s Net Margin is presently recorded at +14.21.

Return on Equity for this stock inclined to 24.53, with Return on Assets sitting at 9.64.

Netflix Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.

Earnings analysis for Netflix Inc. [NFLX]

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 15.97%.

Insider trade positions for Netflix Inc. [NFLX]

There are presently around $110,347 million, or 80.30% of NFLX stock, in the hands of institutional investors. The top three institutional holders of NFLX stocks are: VANGUARD GROUP INC with ownership of 35,523,919, which is approximately 1.151% of the company’s market cap and around 1.44% of the total institutional ownership; BLACKROCK INC., holding 27,732,325 shares of the stock with an approximate value of $8.48 billion in NFLX stocks shares; and FMR LLC, currently with $7.18 billion in NFLX stock with ownership of nearly 17.173% of the company’s market capitalization.

Positions in Netflix Inc. stocks held by institutional investors increased at the end of Thursday and at the time of the Thursday reporting period, where 933 institutional holders increased their position in Netflix Inc. [NASDAQ:NFLX] by around 31,166,370 shares. Additionally, 889 investors decreased positions by around 20,586,362 shares, while 224 investors held positions by with 309,107,592 shares. The mentioned changes placed institutional holdings at 360,860,324 shares, according to the latest SEC report filing. NFLX stock had 336 new institutional investments in for a total of 4,368,448 shares, while 141 institutional investors sold positions of 2,699,340 shares during the same period.