The stocks of NFLX have been given a rating of buy from around forty-one research firms that have covered the company. According to a report, four of the investment analysts have provided the company with a rating of sell, while seven others have issued the company with a rating of hold. Close to twenty-six others have given the company a rating of buy. Currently, the price target of the company over a period of a year has been set at $596.65.
The Stock Commentary of NFLX
There have been quite a few research equities that have commented on the stocks of NFLX. UBS Group has already issued a rating of buy with a price target of $650 in an 18th April research report. KGI securities have also put up a rating of neutral on the company in a 1st June research report.
Stifel Nicolaus decided to increase the price rating of the company from hold to buy with the price target increased from $550 to $560 in a 21st April research report. Evercore ISI was one of the companies to put up a rating of outperform along with a price target of $665 on the company.
NFLX previously put up its quarterly results on the 19th of April. The company had reported an EPS of $3.75, which was more than the consensus estimate of $2.98. The return on equity for the company was 34.47%, with the net margin set at 14.24%. The revenue generated by the company during this period was $7.16 billion, which was more than the consensus estimate of $7.13 billion.
The stocks of NFLX traded on Friday at $500.77. The year low of the company was set at $432.14, with the year high coming to $593.29. The moving average price of the company over a period of 50 days was $505.32. The debt-to-equity ratio of the company was 1.15, with the current ratio set at 1.27. The market cap of the company was $222.04 billion.