On Monday, Netflix Inc (NASDAQ: NFLX) opened higher 2.80% from the last session, before settling in for the closing price of $823.96. Price fluctuations for NFLX have ranged from $445.73 to $841.00 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 16.71%. Company’s average yearly earnings per share was noted 64.56% at the time writing. With a float of $424.66 million, this company’s outstanding shares have now reached $432.76 million.
Let’s determine the extent of company efficiency that accounts for 13000 employees. In terms of profitability, gross margin is 45.22%, operating margin of 25.61%, and the pretax margin is 23.9%.
Netflix Inc (NFLX) Insider Activity
A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of Netflix Inc is 0.66%, while institutional ownership is 83.78%. The most recent insider transaction that took place on Nov 14 ’24, was worth 272,160. In this transaction Director of this company sold 324 shares at a rate of $840.00, taking the stock ownership to the 35,262 shares. Before that another transaction happened on Nov 14 ’24, when Company’s Director proposed sale 324 for $840.00, making the entire transaction worth $272,160.
Netflix Inc (NFLX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 64.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.10% during the next five years compared to 35.03% growth over the previous five years of trading.
Netflix Inc (NASDAQ: NFLX) Trading Performance Indicators
Check out the current performance indicators for Netflix Inc (NFLX). In the past quarter, the stock posted a quick ratio of 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.50. Likewise, its price to free cash flow for the trailing twelve months is 50.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.67, a number that is poised to hit 4.21 in the next quarter and is forecasted to reach 23.73 in one year’s time.
Technical Analysis of Netflix Inc (NFLX)
Looking closely at Netflix Inc (NASDAQ: NFLX), its last 5-days average volume was 3.28 million, which is a drop from its year-to-date volume of 3.66 million. As of the previous 9 days, the stock’s Stochastic %D was 91.42%. Additionally, its Average True Range was 17.63.
During the past 100 days, Netflix Inc’s (NFLX) raw stochastic average was set at 99.46%, which indicates a significant increase from 98.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.06% in the past 14 days, which was lower than the 27.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $739.20, while its 200-day Moving Average is $656.24. However, in the short run, Netflix Inc’s stock first resistance to watch stands at $860.56. Second resistance stands at $874.06. The third major resistance level sits at $899.68. If the price goes on to break the first support level at $821.44, it is likely to go to the next support level at $795.82. Should the price break the second support level, the third support level stands at $782.32.
Netflix Inc (NASDAQ: NFLX) Key Stats
There are currently 427,458K shares outstanding in the company with a market cap of 356.33 billion. Presently, the company’s annual sales total 33,723 M according to its annual income of 5,408 M. Last quarter, the company’s sales amounted to 9,825 M and its income totaled 2,364 M.