Thursday, May 6, 2021
Plugin Install : Cart Icon need WooCommerce plugin to be installed.
Plugin Install : Cart Detail need WooCommerce plugin to be installed.

Netflix Stock – Netflix (NFLX) to Release Earnings on Tuesday

Netflix logo” title=”Netflix logo” class=”companylogo”/>Netflix (NASDAQ:NFLX) will be releasing its earnings data after the market closes on Tuesday, April 20th. Analysts expect Netflix to post earnings of $2.98 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, January 18th. The Internet television network reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.19). Netflix had a net margin of 11.78% and a return on equity of 31.48%. The firm had revenue of $6.64 billion for the quarter, compared to analysts’ expectations of $6.62 billion. During the same quarter last year, the firm earned $1.30 earnings per share. The firm’s revenue for the quarter was up 21.5% on a year-over-year basis. On average, analysts expect Netflix to post $6 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of NFLX stock opened at $552.78 on Tuesday. The company has a market capitalization of $244.82 billion, a PE ratio of 89.16, a price-to-earnings-growth ratio of 1.86 and a beta of 0.92. Netflix has a 52-week low of $367.70 and a 52-week high of $593.29. The business’s fifty day moving average is $527.47 and its 200 day moving average is $518.72. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.24 and a current ratio of 1.24.

Several analysts have weighed in on NFLX shares. Wedbush raised their price target on Netflix from $235.00 to $340.00 in a report on Wednesday, January 20th. KeyCorp lifted their target price on shares of Netflix from $634.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday, January 20th. Jefferies Financial Group reissued a “buy” rating and issued a $650.00 price target on shares of Netflix in a report on Wednesday, January 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Netflix from $580.00 to $600.00 and gave the stock a “buy” rating in a report on Wednesday, January 20th. Finally, Pivotal Research increased their target price on Netflix from $660.00 to $750.00 and gave the company a “buy” rating in a research note on Wednesday, January 20th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty-six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $587.45.


In other news, Director Jay C. Hoag sold 3,578 shares of the stock in a transaction on Monday, February 8th. The stock was sold at an average price of $553.16, for a total value of $1,979,206.48. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jessica Neal sold 476 shares of the firm’s stock in a transaction on Wednesday, January 20th. The shares were sold at an average price of $564.29, for a total value of $268,602.04. Following the transaction, the insider now owns 476 shares of the company’s stock, valued at $268,602.04. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,028 shares of company stock valued at $2,782,466. 3.40% of the stock is currently owned by corporate insiders.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices.

Recommended Story: What is a resistance level?

NFLX” alt=”Earnings History for Netflix (NASDAQ:NFLX)” title=”Earnings History for Netflix (NASDAQ:NFLX)”/>

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

7 Marijuana Stocks Worth Speculating On

To say it’s been a rough two years for the cannabis industry is an understatement. Due to a combination of issues (including some self-inflicted wounds), the cannabis boom predicted in 2018 has not materialized. But that could be about to change.

If Joe Biden wins the presidential election, it will likely be part of a “Blue Wave” that will bring Democratic party control of both houses of Congress. And even if President Trump successfully wins a second term, it is still possible that Republicans could lose their hold on the Senate.

The bottom line is there is a range of outcomes that are possible. Most of those outcomes are favorable to the legalization of marijuana. And even if cannabis is not made legal on the federal level, it seems likely that the remaining states holding out will take steps to legalization. That’s because, like gambling, cannabis may create an economic lift that cash-strapped states may find too difficult to turn down.

One thing is certain. If you wait until the right time, you’ll have missed out on some eye-popping initial gains. But to get that reward in the future, you’ll need to assume some risk now. In this special presentation, we’ve identified seven cannabis stocks that you can consider when evaluating your opportunity in the cannabis sector.

View the “7 Marijuana Stocks Worth Speculating On “.

Netflix Stock – Netflix (NFLX) to Release Earnings on Tuesday

Tags: Netflix Stock
Stock Market, Latest News on C N N.