Netflix Inc (NFLX) average volume reaches $3.22M: Is Wall Street expecting a rally?

On Friday, Netflix Inc (NASDAQ: NFLX) opened higher 1.84% from the last session, before settling in for the closing price of $917.87. Price fluctuations for NFLX have ranged from $445.73 to $927.00 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 $424.67 million, this company’s outstanding shares have now reached $427.46 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 0.65%, while institutional ownership is 83.80%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.07 per share during the current fiscal year.

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 10.85. Likewise, its price to free cash flow for the trailing twelve months is 57.11.

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 23.77 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 2.65 million, which is a drop from its year-to-date volume of 3.64 million. As of the previous 9 days, the stock’s Stochastic %D was 92.43%. Additionally, its Average True Range was 19.73.

During the past 100 days, Netflix Inc’s (NFLX) raw stochastic average was set at 99.85%, which indicates a significant increase from 99.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.78% in the past 14 days, which was lower than the 27.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $789.55, while its 200-day Moving Average is $677.31. However, in the short run, Netflix Inc’s stock first resistance to watch stands at $942.44. Second resistance stands at $950.13. The third major resistance level sits at $965.00. If the price goes on to break the first support level at $919.88, it is likely to go to the next support level at $905.01. Should the price break the second support level, the third support level stands at $897.32.

Netflix Inc (NASDAQ: NFLX) Key Stats

There are currently 427,458K shares outstanding in the company with a market cap of 406.91 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.