(NASDAQ:NFLX). Stock Yards Bankshares holds 0.03% or 1,889 shares. The median price target on Netflix's stock is $208, which has moved up 22 percent over roughly three months, showing Wall Street's growing bullishness. They now have a $235.00 price target on the Internet television network's stock, up from their previous price target of $200.00.
A number of other analysts have also recently commented on the stock. For the most recent quarter, quick ratio was 1.3, current ratio was 1.3, LT Debt/Equity ratio was 1.55 and Total Debt/Equity ratio stands at 1.55, while Payout ratio is 0. Subscribing as a free trial member will grant you access to over 1300 real time stock trading reports. Almanack Investment Partners LLC. acquired a new stake in shares of Netflix in the second quarter valued at about $101,000. It worsened, as 64 investors sold NFLX shares while 222 reduced holdings.
Traders are more bearish on Netflix, Inc. lately as indicated by the increase in short interest. Finally, Jennison Associates LLC grew its stake in shares of Netflix by 14.0% in the second quarter. M Holdings Securities Inc. now owns 2,467 shares of the Internet television network's stock worth $365,000 after purchasing an additional 12 shares during the last quarter.
Netflix shares hit an all-time high Friday, briefly passing through $200 for the first time ever, an incredible milestone for a video streaming company upending the traditional media industry. Kalos Management Inc. now owns 1,621 shares of the Internet television network's stock valued at $242,000 after buying an additional 12 shares during the period. Over the last 90 days, insiders have sold 318,067 shares of company stock valued at $57,315,706. Shares for $326,940 were sold by BARTON RICHARD N. $16.00 million worth of Netflix, Inc.
Looking into last 5 trades, the stock observed a return of nearly 0.76%. Netflix has recorded a 50-day average of $181.19 and a two hundred day average of $164.97. Nelson Roberts Inv Advsrs Ltd Liability owns 0.03% invested in Netflix, Inc.
"We believe consensus subscriber estimates for Netflix ahead of Monday's earnings remain too low, particularly for the quarter, 4Q, and beyond", analyst Heath Terry wrote in a note to clients (as reported by CNBC). Sales are seen rising 30% year-over-year to $2.97 billion in the September quarter.
Now the return on equity is 12.80% and its debt to equity is 1.55. The company had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.76 billion. During the same period in the previous year, the company posted $0.09 EPS. Equities analysts predict that Netflix, Inc. will post $1.18 EPS for the current year. If you are accessing this report on another website, it was illegally copied and republished in violation of USA & worldwide copyright & trademark legislation. He's also positive on the company's global strategies, which include localization, deals on set-top boxes and more local original content.
Netflix recently announced that it's raising monthly subscription prices for most of its plans, and Wall Street has praised the decision, mostly because it should help combat one of the biggest sell-side arguments: soaring content costs. The shares were sold at an average price of $196.16, for a total transaction of $392,320.00. It also reduced Ihs Markit Ltd. stake by 611,111 shares and now owns 1.44 million shares. The sale was disclosed in a document filed with the SEC, which is available through this link. (NASDAQ:NFLX) for 576,973 shares. Look for analysts to lift both their ratings and price targets following another solid quarterly report. Royal Bank Of Canada reissued an "outperform" rating and issued a $210.00 target price on shares of Netflix in a report on Friday, October 6th. Pivotal Research maintained the stock with "Buy" rating in Tuesday, July 18 report. Zacks Investment Research cut Netflix from a "buy" rating to a "hold" rating in a report on Tuesday, March 7th. Piper Jaffray Companies reaffirmed a "buy" rating and issued a $215.00 target price on shares of Netflix in a research report on Monday, September 18th.