Published: Mon, July 17, 2017
Science | By Hubert Green

What to expect when Netflix reports earnings after the bell

What to expect when Netflix reports earnings after the bell

Ltd. now owns 770 shares of the Internet television network's stock valued at $114,000 after buying an additional 150 shares during the period. It increased, as 55 investors sold NFLX shares while 228 reduced holdings. AQR Capital Management LLC increased its position in shares of Netflix by 176.9% in the fourth quarter. FMR LLC now owns 21,027,506 shares of the Internet television network's stock valued at $3,108,076,000 after buying an additional 1,305,294 shares in the last quarter. Vanguard Group Inc. raised its stake in Netflix by 3.5% in the first quarter.

United Bank decreased Merck & Co Inc (MRK) stake by 9.77% reported in 2016Q4 SEC filing. All told, Netflix premiered 14 original series, including Orange is the New Black and Master of None, during the second quarter. Finally, Mn Services Vermogensbeheer B.V. increased its stake in Netflix by 512.3% in the second quarter. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Netflix, Inc. (NASDAQ:NFLX) shares have been recently spotted -3.45% away from the 52-week high, and 90.67% away from the 52-week low mark.

Netflix (NFLX) opened at 161.12 on Monday. The stock has a market cap of $69.44 billion, a price-to-earnings ratio of 208.43 and a beta of 0.98. The firm's 50 day moving average price is $157.80 and its 200-day moving average price is $144.87. (NASDAQ:NFLX) to report earnings on Jul, 17 for the fiscal quarter ending Jun 2017.

In terms of earnings per share, 34 analysts have a 0.23 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 35 analysts have a 0.27 EPS mean target and for the quarter ending Dec-17 there are 37 estimates of 1.06 EPS. The same period from previous year had $0.09 in EPS and $2.11 billion in revenue. HASTINGS REED sold $12.05 million worth of Netflix, Inc. Netflix's first breakout, House of Cards, typically returns during the first quarter but, this year, its new season was released during the second quarter. Comparatively, Netflix, Inc. posted earnings of $0.29 per share in the same quarter a year ago. UBS AG reissued a "buy" rating and issued a $175.00 price objective on shares of Netflix in a research report on Wednesday, April 19th. Peters Gregory K also sold $969,144 worth of Netflix, Inc. The original version of this story can be accessed at https://www.thestockobserver.com/2017/07/16/ao-asset-management-llc-cuts-position-in-netflix-inc-nflx-updated-updated.html. If you are viewing this news story on another domain, it was stolen and republished in violation of USA and global copyright laws. Jennison Associates LLC raised its stake in Netflix by 21.4% in the first quarter. Finally, FBR & Co reaffirmed a "market perform" rating and set a $145.00 price target on shares of Netflix in a research report on Friday. They presently have a $190.00 price target on the Internet television network's stock.

Shares of Netflix were last trading up almost 1% at $162.70, with a consensus analyst price target of $160.68 and a 52-week range of $84.50 to $166.87. Vetr lowered Netflix from a "buy" rating to a "hold" rating and set a $164.65 price target on the stock.in a research report on Monday.

Among 17 analysts covering CIGNA (NYSE:CI), 15 have Buy rating, 0 Sell and 2 Hold. The stock has "Buy" rating by Loop Capital on Thursday, January 19. On Thursday, April 6 BARTON RICHARD N sold $287,790 worth of Netflix, Inc. The shares were sold at an average price of $140.97, for a total transaction of $12,968,394.18. Also, Director Leslie J. Kilgore sold 1,078 shares of the stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $147.39, for a total transaction of $147,390.00. Following the completion of the sale, the insider now owns 19,999 shares of the company's stock, valued at approximately $3,000,249.98. The disclosure for this sale can be found here. SRS Capital Advisors Inc. now owns 727 shares of the Internet television network's stock worth $107,000 after buying an additional 706 shares during the last quarter.

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