Published: Sat, September 23, 2017
Business | By Max Garcia

Netflix, Inc. (NFLX) Coverage Initiated at Buckingham Research

Netflix, Inc. (NFLX) Coverage Initiated at Buckingham Research

(NASDAQ:NFLX) by 5.3% during the first quarter, according to its most recent Form 13F filing with the SEC. EPS long term mean growth rate estimated by 1 analysts is at 30%, whereas, the high and low Long term growth rate estimated at 30 and 30.

Pittenger & Anderson Inc decreased Eog Res Inc (NYSE:EOG) stake by 20,510 shares to 17,336 valued at $1.57 million in 2017Q2. Perigon Wealth Management, LLC downsized its stake by selling 900 shares a decrease of 4.6% from 03/31/2017 to 06/30/2017. The stock of Netflix, Inc. Parkwood Ltd Limited Liability Company owns 2,101 shares for 0.05% of their portfolio. Manufacturers Life Insurance Co The owns 0.1% invested in Netflix, Inc. Teachers Advisors LLC grew its holdings in Netflix by 2.0% during the first quarter. The percentage of shares being held by the company management was 0.1% while institutional stake was 70.9%. However, the institutional investors are observed to own 82.90% of the total shares.

A number of research firms recently issued reports on NFLX. On July 18 Credit Suisse left the company rating at "Neutral" but raised the price expectation to $190.00 from $115.00. The brokerage set a "buy" rating and a $214.00 price target on the Internet television network's stock. Finally, BidaskClub raised Netflix from a "hold" rating to a "buy" rating in a report on Sunday, July 16th. S&P Research maintained it with "Buy" rating and $128 target in Tuesday, August 25 report. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twenty-six have issued a buy rating to the company. The stock presently has a consensus rating of "Buy" and an average price target of $178.90. Baillie Gifford And holds 1.5% in Netflix, Inc. (NASDAQ:NFLX) traded down 0.76% during trading on Friday, hitting $187.35. Shares are now up +89.35% over the past year, outperforming the broad market by 421.6% and outperformed a peer group of similar companies by 200%. The stock has a market capitalization of $80.89 billion, a P/E ratio of 227.92 and a beta of 1.05. Netflix has a one year low of $93.26 and a one year high of $191.50. The firm's 50-day moving average price is $175.28 and its 200-day moving average price is $160.06. (NASDAQ:NFLX). Kbc Group Inc Nv accumulated 74,115 shares or 0.11% of the stock. Analysts review historical return data when trying to predict future returns, or to estimate how a security might react to a particular situation, such as a drop in consumer demand. Return on Equity (ROE) stands at 12.8% and Return on Investment (ROI) of 5 percent. The company's quarterly revenue was up 34.7% compared to the same quarter previous year. (NASDAQ:NFLX). Analysts are expecting an EPS change of 51.50% for the current year. Lastly, crowd sourced stock rating company Vetr boosted Netflix from a strong sell recommendation to a sell recommendation and fixed a $163.64 price objective on the company shares in a study analysis published on early Thur, Jul 27th. around three Brokerage firms have recommended the share with a sell recommendation, sixteen have issued a hold recommendation and twenty-eight have issued a buy recommendation to the firms shares. the share now has a average recommendation of Buy and an average price target of $178.10.

More notable recent Netflix, Inc. The value of the position overall is up by 110,776.1%. The 20-day Stochastic %k measure, which sits at 93.14%, tells a different story, and suggests that NFLX now trades in overbought territory. If you are viewing this news story on another site, it was copied illegally and republished in violation of worldwide trademark & copyright laws. The shares sold for $174.71.

In other Netflix news, Director Richard N. Barton unloaded 1,000 stocks of the shares in a trade dated Tue, Jun 27th. Director Richard N. Barton sold 2,000 shares at a price of $174.71 on Wednesday the 6th.

ATR value of company was 3.71 and Relative Strength Index (RSI) was 67.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The stock was sold at an average price of $185.02, for a total transaction of $13,962,904.34. Following the transaction, the insider now owns 471,435 shares of the company's stock, valued at $73,803,149.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 311,325 shares of company stock valued at $55,912,478. Company insiders own 4.90% of the company's stock.

Netflix, a provider an Internet television network. The Firm operates through three divisions: Domestic streaming, global streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States.

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