Netflix Inc. [NFLX] gain 45.82% so far this year. What now?

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Netflix Inc. [NASDAQ: NFLX] gained 2.85% on the last trading session, reaching $429.99 price per share at the time. The company report on August 29, 2023 at 12:00 PM that Netflix co-CEO to Present at the Goldman Sachs Communacopia + Technology Conference.

Netflix, Inc. (Nasdaq: NFLX) announced today that Greg Peters, co-CEO, will present at the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 5, 2023. Mr. Peters is scheduled to present at 1:05 p.m. Pacific Time / 4:05 p.m. Eastern Time.

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A live webcast and replay of the presentation will be available on the investor relations section of the Netflix website at

Netflix Inc. represents 443.88 million in outstanding shares, while the company has a total market value of $186.38 billion with the latest information. NFLX stock price has been found in the range of $414.50 to $432.17.

If compared to the average trading volume of 6.82M shares, NFLX reached a trading volume of 4475424 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $459.64 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 2.20. 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.

Loop Capital have made an estimate for Netflix Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 25, 2023.

The Average True Range (ATR) for Netflix Inc. is set at 12.92, with the Price to Sales ratio for NFLX stock in the period of the last 12 months amounting to 5.80. The Price to Book ratio for the last quarter was 8.36, with the Price to Cash per share for the same quarter was set at 19.79. Price to Free Cash Flow for NFLX in the course of the last twelve months was 43.75 with Quick ratio for the last quarter at 1.30.

Trading performance analysis for NFLX stock

Netflix Inc. [NFLX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.07. With this latest performance, NFLX shares dropped by -2.05% in over the last four-week period, additionally plugging by 33.48% over the last 6 months – not to mention a rise of 92.58% 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 53.56, with the RSI for the last a single of trading hit 57.00, and the three-weeks RSI is set at 52.75 for Netflix Inc. [NFLX]. The present Moving Average for the last 50 days of trading for this stock 430.58, while it was recorded at 419.71 for the last single week of trading, and 357.34 for the last 200 days.

Netflix Inc. [NFLX]: A deeper dive into fundamental analysis

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 Total Capital for NFLX is now 15.72, given the latest momentum, and Return on Invested Capital for the company is 12.78. Return on Equity for this stock inclined to 24.53, with Return on Assets sitting at 9.64. When it comes to the capital structure of this company, Netflix Inc. [NFLX] has a Total Debt to Total Equity ratio set at 81.49. Additionally, NFLX Total Debt to Total Capital is recorded at 44.90, with Total Debt to Total Assets ending up at 34.84. Long-Term Debt to Equity for the company is recorded at 79.78, with the Long-Term Debt to Total Capital now at 43.96.

Reflecting on the efficiency of the workforce at the company, Netflix Inc. [NFLX] managed to generate an average of $350,932 per employee. Receivables Turnover for the company is 23.36 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.

Netflix Inc. [NFLX]: An earnings per share (EPS) analysis

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 24.17%.

An analysis of Institutional ownership at Netflix Inc. [NFLX]

The top three institutional holders of NFLX stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in NFLX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in NFLX stock with ownership which is approximately 5.7381%.

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