Headlines about Netflix (NASDAQ:NFLX) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Netflix earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the Internet television network an impact score of 44.2245703998492 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s analysis:
- Survey: Netflix Subscribers Willing To Pay More – Benzinga (benzinga.com)
- Hot Stock under Consideration: Netflix Inc (NASDAQ: NFLX) – Alpha Beta Stock (alphabetastock.com)
- Negative Cash Flow Can’t Keep Netflix, Inc. Stock Down – Investorplace.com (investorplace.com)
- Netflix documentary re-examines HSBC’s $881 million money-laundering scandal (marketwatch.com)
- Netflix (NFLX) Price Target Raised to $319.00 at Piper Jaffray Companies (americanbankingnews.com)
A number of analysts have issued reports on the stock. BidaskClub downgraded shares of Netflix from a “buy” rating to a “hold” rating in a report on Saturday, December 2nd. Vetr raised shares of Netflix from a “hold” rating to a “buy” rating and set a $269.10 price objective for the company in a report on Monday, February 5th. Credit Suisse Group reissued a “neutral” rating and issued a $266.00 price objective (up previously from $224.00) on shares of Netflix in a report on Tuesday, January 23rd. Loop Capital boosted their price objective on shares of Netflix from $237.00 to $241.00 and gave the company a “buy” rating in a report on Tuesday, January 2nd. Finally, Buckingham Research reissued a “neutral” rating and issued a $251.00 price objective (up previously from $235.00) on shares of Netflix in a report on Thursday, January 18th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, thirty-four have assigned a buy rating and one has issued a strong buy rating to the company. Netflix presently has an average rating of “Buy” and an average price target of $240.15.
Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Monday, January 22nd. The Internet television network reported $0.41 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. Netflix had a net margin of 4.78% and a return on equity of 17.20%. The firm had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the prior year, the company posted $0.15 EPS. The company’s revenue was up 32.6% on a year-over-year basis. analysts expect that Netflix will post 2.73 EPS for the current year.
In other news, Director Richard N. Barton sold 350 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $185.71, for a total value of $64,998.50. Following the sale, the director now directly owns 7,171 shares of the company’s stock, valued at approximately $1,331,726.41. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO David B. Wells sold 1,000 shares of the company’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $195.69, for a total transaction of $195,690.00. Following the completion of the sale, the chief financial officer now directly owns 662 shares in the company, valued at $129,546.78. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 393,658 shares of company stock valued at $92,837,864. Corporate insiders own 4.90% of the company’s stock.
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Netflix Company Profile
Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.
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