Netflix Inc. (NASDAQ: NFLX) is 33.10% higher on its value in year-to-date trading and has touched a low of $344.73 and a high of $697.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NFLX stock was last observed hovering at around $633.14 in the last trading session, with the day’s gains setting it 14.88%.
Currently trading at $648.02, the stock is 2.82% and -0.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.64 million and changing 2.35% at the moment leaves the stock 13.53% off its SMA200. NFLX registered 53.68% gain for a year compared to 6-month gain of 16.16%.
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The stock witnessed a -1.28% loss in the last 1 month and extending the period to 3 months gives it a 5.10%, and is 6.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.53% over the week and 3.02% over the month.
Netflix Inc. (NFLX) has around 13000 employees, a market worth around $278.11B and $36.28B in sales. Current P/E ratio is 40.50 and Fwd P/E is 28.23. Profit margin for the company is 19.55%. Distance from 52-week low is 87.98% and -7.09% from its 52-week high. The company has generated returns on investments over the last 12 months (19.48%).
with sales reaching $8.93B over the same period.The EPS is expected to grow by 58.65% this year, but quarterly earnings will post 5.00% year-over-year. Quarterly sales are estimated to grow 4.60% in year-over-year returns.
Netflix Inc. (NFLX) Top Institutional Holders
The shares outstanding are 432.76M, and float is at 426.21M with Short Float at 1.52%.
Netflix Inc. (NFLX) Insider Activity
Still, SEC filings show that on Aug 08 ’24, Neumann Spencer Adam (Officer) Proposed Sale 433 shares at an average price of $626.19 for $0.27 million. The insider now directly holds shares of Netflix Inc. (NFLX).
