Netflix Inc (NASDAQ: NFLX) is -7.06% lower on its value in year-to-date trading and has touched a low of $475.26 and a high of $941.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NFLX stock was last observed hovering at around $840.29 in the last trading session, with the day’s loss setting it -11.89%.
Currently trading at $828.40, the stock is -7.11% and -4.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.03 million and changing -1.41% at the moment leaves the stock 16.40% off its SMA200. NFLX registered 68.30% gain for a year compared to 6-month gain of 26.19%. The firm has a 50-day simple moving average (SMA 50) of $868.6948 and a 200-day simple moving average (SMA200) of $710.6392.
The stock witnessed a -11.55% loss in the last 1 month and extending the period to 3 months gives it a 14.61%, and is -6.05% down 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 2.46% over the week and 2.18% over the month.
Netflix Inc (NFLX) has around 13000 employees, a market worth around $354.11B and $37.52B in sales. Current P/E ratio is 46.88 and Fwd P/E is 34.77. Profit margin for the company is 20.74%. Distance from 52-week low is 74.30% and -12.04% from its 52-week high. The company has generated returns on investments over the last 12 months (19.96%).
with sales reaching $10.13B over the same period.The EPS is expected to grow by 64.62% this year, but quarterly earnings will post 15.32% year-over-year. Quarterly sales are estimated to grow 14.69% in year-over-year returns.
Netflix Inc (NFLX) Top Institutional Holders
3570.0 institutions hold shares in Netflix Inc (NFLX), with institutional investors hold 87.14% of the company’s shares. The shares outstanding are 427.46M, and float is at 424.64M with Short Float at 1.63%. Institutions hold 86.50% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 37.01 million shares valued at $24.98 billion. The investor’s holdings represent 8.565% of the NFLX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 31.6 million shares valued at $21.33 billion to account for 7.3142 of the shares outstanding. The other top investors are FMR LLC which holds 21.23 million shares representing 4.9137% and valued at over $14.33 billion, while STATE STREET CORP holds 3.8243 of the shares totaling 16.52 million with a market value of $11.15 billion.
Netflix Inc (NFLX) Insider Activity
The most recent transaction is an insider sale by BARTON RICHARD N, the company’s Director. SEC filings show that BARTON RICHARD N sold 6,364 shares of the company’s common stock on Jan 07 ’25 at a price of $879.38 per share for a total of $5.6 million. Following the sale, the insider now owns 246.0 shares.
Still, SEC filings show that on Jan 02 ’25, HASTINGS REED (Executive Chairman) disposed off 35,868 shares at an average price of $888.08 for $31.85 million. The insider now directly holds 114 shares of Netflix Inc (NFLX).
