Netflix (NASDAQ:NFLX) Receives News Sentiment Rating of 0.82

Press coverage about Netflix (NASDAQ:NFLX) has trended somewhat positive on Saturday, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Netflix earned a media sentiment score of 0.82 on their scale. InfoTrie also assigned media coverage about the Internet television network an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media stories that may have effected Netflix’s ranking:

NFLX has been the topic of several analyst reports. Guggenheim dropped their price target on shares of Netflix from $420.00 to $400.00 and set a “buy” rating on the stock in a research note on Thursday, October 17th. Royal Bank of Canada lowered their target price on Netflix from $450.00 to $420.00 and set an “outperform” rating for the company in a research note on Thursday, October 17th. Cowen dropped their target price on Netflix from $435.00 to $415.00 and set an “outperform” rating on the stock in a research report on Thursday, October 17th. Oppenheimer cut their price target on Netflix from $410.00 to $385.00 and set an “outperform” rating on the stock in a research note on Thursday, October 17th. Finally, Bank of America cut their price target on Netflix from $450.00 to $426.00 and set a “buy” rating on the stock in a research note on Thursday, October 17th. Six investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $364.72.

NFLX traded up $4.49 on Friday, hitting $307.35. 4,422,363 shares of the company’s stock were exchanged, compared to its average volume of 7,985,436. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.81. The stock has a fifty day moving average of $294.34 and a two-hundred day moving average of $314.45. Netflix has a twelve month low of $231.23 and a twelve month high of $385.99. The firm has a market cap of $134.57 billion, a PE ratio of 114.68, a P/E/G ratio of 3.13 and a beta of 1.30.

Netflix (NASDAQ:NFLX) last issued its earnings results on Wednesday, October 16th. The Internet television network reported $1.47 EPS for the quarter, beating the Zacks’ consensus estimate of $1.05 by $0.42. The company had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.25 billion. Netflix had a return on equity of 23.65% and a net margin of 7.49%. Netflix’s quarterly revenue was up 31.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 earnings per share. On average, analysts predict that Netflix will post 3.35 EPS for the current year.

In other news, CEO Reed Hastings sold 40,061 shares of the business’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of $275.64, for a total transaction of $11,042,414.04. Following the completion of the transaction, the chief executive officer now owns 40,061 shares of the company’s stock, valued at $11,042,414.04. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 137,949 shares of company stock valued at $39,615,261 in the last 90 days. Insiders own 3.72% of the company’s stock.

Netflix Company Profile

Netflix, Inc provides Internet entertainment services. The company operates in three segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices.

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Insider Buying and Selling by Quarter for Netflix (NASDAQ:NFLX)

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