Netflix Inc. [NASDAQ: NFLX] loss -0.27% on the last trading session, reaching $648.52 price per share at the time.
If compared to the average trading volume of 3.44M shares, NFLX reached a trading volume of 2402298 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 $656.80 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 1.94. 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.
Evercore ISI have made an estimate for Netflix Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 28, 2024. The new note on the price target was released on April 19, 2024, representing the official price target for Netflix Inc. stock. Previously, the target price had yet another raise from $765 to $800, while Pivotal Research Group kept a Buy rating on NFLX stock. On April 19, 2024, analysts decreased their price target for NFLX shares from 720 to 585.
The Average True Range (ATR) for Netflix Inc. is set at 15.70, with the Price to Sales ratio for NFLX stock in the period of the last 12 months amounting to 8.00. The Price to Book ratio for the last quarter was 13.08, with the Price to Cash per share for the same quarter was set at 16.35. Price to Free Cash Flow for NFLX in the course of the last twelve months was 40.24 with Quick ratio for the last quarter at 1.07.
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 0.13. With this latest performance, NFLX shares gained by 7.02% in over the last four-week period, additionally plugging by 42.48% over the last 6 months – not to mention a rise of 62.42% 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 60.76, with the RSI for the last a single of trading hit 61.56, and the three-weeks RSI is set at 59.44 for Netflix Inc. [NFLX]. The present Moving Average for the last 50 days of trading for this stock 611.11, while it was recorded at 641.16 for the last single week of trading, and 513.78 for the last 200 days.
Netflix Inc. [NFLX]: A deeper dive into fundamental analysis
Netflix Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.07 and a Current Ratio set at 1.07.
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 26.50%.
An analysis of Institutional ownership at Netflix Inc. [NFLX]
The top three institutional holders of NFLX stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in NFLX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in NFLX stock with ownership which is approximately 5.8386%.
