Media stories about Netflix (NASDAQ:NFLX) have trended somewhat positive this week, AlphaOne reports. The research group, a service of Accern, identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Netflix earned a media sentiment score of 0.00 on AlphaOne’s scale. AlphaOne also gave headlines about the Internet television network an impact score of 77 out of 100, indicating that recent press coverage is likely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have impacted AlphaOne Sentiment Analysis’s scoring:
- How Is Netflix Faring after Its 1Q17 Results? (finance.yahoo.com)
- As Netflix And VOD Steal Moviegoers, Small Theatrical Distributors Struggle (finance.yahoo.com)
- EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Netflix, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 1, 2017 – NFLX (finance.yahoo.com)
- How Analysts Are Rating Netflix following Its Earnings (finance.yahoo.com)
- Is Netflix Experiencing a Slowdown in the United States? (finance.yahoo.com)
Several equities research analysts have recently commented on NFLX shares. Canaccord Genuity reissued a “buy” rating and set a $140.00 price target on shares of Netflix in a research note on Tuesday, January 3rd. Loop Capital reissued a “buy” rating and set a $159.00 price target on shares of Netflix in a research note on Saturday, January 28th. Zacks Investment Research lowered Netflix from a “buy” rating to a “hold” rating in a research note on Tuesday, March 7th. Vetr raised Netflix from a “strong sell” rating to a “sell” rating and set a $135.13 price target on the stock in a research note on Monday, February 13th. Finally, MKM Partners reissued a “buy” rating and set a $175.00 price target (up previously from $165.00) on shares of Netflix in a research note on Tuesday, January 31st. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and twenty-six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $145.35.
Shares of Netflix (NASDAQ:NFLX) traded up 1.02% during trading on Thursday, reaching $141.18. 7,248,180 shares of the company’s stock were exchanged. The company has a market capitalization of $60.77 billion, a PE ratio of 328.33 and a beta of 1.27. The company has a 50 day moving average price of $143.46 and a 200-day moving average price of $130.69. Netflix has a 52-week low of $84.50 and a 52-week high of $148.29. Netflix also saw some unusual options trading activity on Monday. Stock investors acquired 7,517 call options on the stock. This is an increase of 122% compared to the typical daily volume of 3,386 call options.
Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Monday, April 17th. The Internet television network reported $0.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.03. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.64 billion. Netflix had a net margin of 2.11% and a return on equity of 7.51%. The company’s revenue was up 34.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 earnings per share. On average, equities analysts forecast that Netflix will post $1.11 earnings per share for the current year.
In related news, CEO Reed Hastings sold 84,469 shares of the firm’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $142.71, for a total transaction of $12,054,570.99. Following the transaction, the chief executive officer now directly owns 84,469 shares of the company’s stock, valued at $12,054,570.99. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard N. Barton sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, April 18th. The stock was sold at an average price of $147.39, for a total transaction of $147,390.00. Following the transaction, the director now directly owns 8,012 shares in the company, valued at $1,180,888.68. The disclosure for this sale can be found here. Insiders sold 236,281 shares of company stock worth $34,047,161 over the last three months. Insiders own 4.90% of the company’s stock.
Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.
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