In the past week, NFLX stock has gone up by 5.69%, with a monthly gain of 8.46% and a quarterly surge of 17.98%. The volatility ratio for the week is 2.64%, and the volatility levels for the last 30 days are 2.12% for Netflix Inc. The simple moving average for the past 20 days is 6.86% for NFLX’s stock, with a 21.62% simple moving average for the past 200 days.
Is It Worth Investing in Netflix Inc. (NASDAQ: NFLX) Right Now?
The price-to-earnings ratio for Netflix Inc. (NASDAQ: NFLX) is above average at 43.23x, Company’s 36-month beta value is 1.26.Analysts have differing opinions on the stock, with 14 analysts rating it as a “buy,” 11 as “overweight,” 14 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NFLX is 426.34M, and currently, short sellers hold a 1.69% ratio of that floaft. The average trading volume of NFLX on October 21, 2024 was 3.18M shares.
NFLX) stock’s latest price update
The stock of Netflix Inc. (NASDAQ: NFLX) has increased by 11.09 when compared to last closing price of 687.65. Despite this, the company has experienced a 5.69% gain in its stock price over the last five trading sessions. fool.com reported 2024-10-20 that Wall Street loved Netflix’s Q3 earnings. Should you?
Analysts’ Opinion of NFLX
Many brokerage firms have already submitted their reports for NFLX stocks, with Pivotal Research Group repeating the rating for NFLX by listing it as a “Buy.” The predicted price for NFLX in the upcoming period, according to Pivotal Research Group is $925 based on the research report published on October 18, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see NFLX reach a price target of $825, previously predicting the price at $775. The rating they have provided for NFLX stocks is “Outperform” according to the report published on October 18th, 2024.
Needham gave a rating of “Buy” to NFLX, setting the target price at $800 in the report published on October 18th of the current year.
NFLX Trading at 9.91% from the 50-Day Moving Average
After a stumble in the market that brought NFLX to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.79% of gains for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 2.64%, as shares surge +8.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.19% upper at present.
During the last 5 trading sessions, NFLX rose by +5.69%, which changed the moving average for the period of 200-days by +62.44% in comparison to the 20-day moving average, which settled at $714.88. In addition, Netflix Inc. saw 56.89% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NFLX starting from Peters Gregory K, who proposed sale 4,186 shares at the price of $750.00 back on Oct 18 ’24. After this action, Peters Gregory K now owns shares of Netflix Inc., valued at $3,139,500 using the latest closing price.
KILGORE LESLIE J, the Director of Netflix Inc., proposed sale 358 shares at $765.00 during a trade that took place back on Oct 18 ’24, which means that KILGORE LESLIE J is holding shares at $273,870 based on the most recent closing price.
Stock Fundamentals for NFLX
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.45 for the gross margin
The net margin for Netflix Inc. stands at 0.21. The total capital return value is set at 0.23. Equity return is now at value 34.71, with 15.29 for asset returns.
Based on Netflix Inc. (NFLX), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 25.28.
Currently, EBITDA for the company is 21.51 billion with net debt to EBITDA at 0.34. When we switch over and look at the enterprise to sales, we see a ratio of 8.95. The receivables turnover for the company is 1.17for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
Conclusion
In a nutshell, Netflix Inc. (NFLX) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
