$3.20M in average volume shows that Netflix Inc (NFLX) is heading in the right direction

On Tuesday, Netflix Inc (NASDAQ: NFLX) was 0.49% up from the session before settling in for the closing price of $897.74. A 52-week range for NFLX has been $445.73 – $908.00.

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Communication Services Sector giant saw their annual sales surged by 16.71% over the last five years. When this article was written, the company’s average yearly earnings per share was at 64.56%. With a float of $424.67 million, this company’s outstanding shares have now reached $427.46 million.

The firm has a total of 13000 workers. Let’s measure their productivity. 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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Netflix Inc stocks. The insider ownership of Netflix Inc is 0.65%, while institutional ownership is 83.79%. The most recent insider transaction that took place on Dec 02 ’24, was worth 43,362,185. In this transaction Executive Chairman of this company sold 48,363 shares at a rate of $896.60, taking the stock ownership to the 114 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 48,363 for $896.60, making the entire transaction worth $43,362,184.

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

You can see what Netflix Inc (NFLX) is doing with its current performance indicators. In the most recent 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 10.28. Likewise, its price to free cash flow for the trailing twelve months is 54.12.

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)

Analysing the last 5-days average volume posted by the [Netflix Inc, NFLX], we can find that recorded value of 2.51 million was lower than the volume posted last year of 3.65 million. As of the previous 9 days, the stock’s Stochastic %D was 83.91%. Additionally, its Average True Range was 19.93.

During the past 100 days, Netflix Inc’s (NFLX) raw stochastic average was set at 98.18%, which indicates a significant increase from 94.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.93% in the past 14 days, which was lower than the 27.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $777.38, while its 200-day Moving Average is $672.18. Now, the first resistance to watch is $907.23. This is followed by the second major resistance level at $912.29. The third major resistance level sits at $921.90. If the price goes on to break the first support level at $892.57, it is likely to go to the next support level at $882.96. Should the price break the second support level, the third support level stands at $877.90.

Netflix Inc (NASDAQ: NFLX) Key Stats

There are 427,458K outstanding shares of the company, which has a market capitalization of 385.64 billion. As of now, sales total 33,723 M while income totals 5,408 M. Its latest quarter income was 9,825 M while its last quarter net income were 2,364 M.