Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films. It offers members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. As of January 22, 2018, it had approximately 117 million members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Video tape rental
Sub-IndustryInternet Retail
SectorConsumer Discretionary
SymbolNASDAQ:NFLX
CUSIP64110L10
Phone408-540-3700
Debt
Debt-to-Equity Ratio1.86
Current Ratio1.54
Quick Ratio1.30
Price-To-Earnings
Trailing P/E Ratio171.29
Forward P/E Ratio133.42
P/E Growth4.85
Sales & Book Value
Annual Sales$11.69 billion
Price / Sales13.54
Cash Flow$15.4139 per share
Price / Cash23.63
Book Value$10.34 per share
Price / Book35.23
Profitability
EPS (Most Recent Fiscal Year)$1.25
Net Income$558.92 million
Net Margins7.13%
Return on Equity25.66%
Return on Assets5.02%
Miscellaneous
Employees5,500
Outstanding Shares434,690,000
Market Cap$163,066.22
Netflix (NASDAQ:NFLX) Frequently Asked Questions
What is Netflix's stock symbol?
Netflix trades on the NASDAQ under the ticker symbol "NFLX."
When did Netflix's stock split? How did Netflix's stock split work?
Netflix shares split before market open on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly minted shares were distributed to shareholders after the market closes on Tuesday, July 14th 2015. An investor that had 100 shares of Netflix stock prior to the split would have 700 shares after the split.
How were Netflix's earnings last quarter?
Netflix, Inc. (NASDAQ:NFLX) released its quarterly earnings data on Monday, July, 16th. The Internet television network reported $0.85 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.05. The Internet television network had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $3.94 billion. Netflix had a return on equity of 25.66% and a net margin of 7.13%. The firm's revenue was up 40.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.15 earnings per share. View Netflix's Earnings History.
When is Netflix's next earnings date?
What guidance has Netflix issued on next quarter's earnings?
Netflix issued an update on its third quarter earnings guidance on Monday, July, 16th. The company provided earnings per share (EPS) guidance of $0.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.71. The company issued revenue guidance of $3.988 billion, compared to the consensus revenue estimate of $4.12 billion.
What price target have analysts set for NFLX?
47 Wall Street analysts have issued 12 month price targets for Netflix's shares. Their predictions range from $90.00 to $503.00. On average, they anticipate Netflix's share price to reach $348.5556 in the next year. This suggests that the stock has a possible downside of 4.3%. View Analyst Ratings for Netflix.
What is the consensus analysts' recommendation for Netflix?
47 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 4 sell ratings, 14 hold ratings and 29 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Netflix stock?
Here are some recent quotes from research analysts about Netflix stock:
- 1. According to Zacks Investment Research, "Netflix shares have outperformed the industry on a year-to-date basis. We believe continuing subscriber addition and expanding original content portfolio will help the company to sustain growth going forward. Moreover, rapid international penetration and expanding regional content are major growth drivers. However, we note the company has mixed record of earnings surprises in recent quarters. The company’s increasing marketing spends and higher investments on original and acquired content will continue to hurt profitability, at least in the near term. Moreover, saturation in the domestic market poses concern. The company’s increase in subscription charges in the U.S. might lead to a backlash on subscriber growth going forward. Further, rising competition from players like Amazon and Apple is a major headwind." (7/12/2018)
- 2. Pivotal Research analysts commented, "We also tweaked our cost forecasts moderately lower and raised our ’19 and beyond subscriber forecasts. The changes drove a $20 increase in our target price to $420. NFLX INVESTMENT THESIS REMAINS COMPELLING- NFLX offers consumers an increasingly compelling unique entertainment experience on virtually any device, w/o commercials at a relatively low cost." (4/17/2018)
- 3. Aegis analysts commented, "We project 1.65M and 6.0M Domestic and International net additions, respectively, for a total of 7.65M net adds (vs. 8.3M in 4Q17). We expect Netflix to report results above our estimates but guide conservatively, or cautiously, for 2Q. 1Q subscriber net additions should be driven by Jessica Jones, Altered Carbon, partnerships with Altice, T-Mobile DT, Cox, and Verizon (low churn subs), a continuation of the appeal of The Crown, Bright, and Stranger Things from 4Q17, in addition to increased marketing spend and overall secular trends of media viewership shifting to the Internet. 2Q18, is up against a tough YoY content slate compare, which should lead to a less robust guide. For 2Q18, we project 1.5M Domestic net additions and 5.5M International net additions. The stock, in our view, continues to respond to subscriber outperformance and guidance and we are unlikely to see significant strength in the latter." (4/16/2018)
Are investors shorting Netflix?
Netflix saw a decrease in short interest during the month of June. As of June 29th, there was short interest totalling 17,028,119 shares, a decrease of 13.4% from the June 15th total of 19,655,448 shares. Based on an average daily volume of 14,450,543 shares, the days-to-cover ratio is currently 1.2 days. Currently, 4.0% of the company's stock are short sold. View Netflix's Current Options Chain.
Who are some of Netflix's key competitors?
Some companies that are related to Netflix include Walt Disney (DIS), Comcast (CMCSA), Electrolux (ELUXY), Nike (NKE), Naspers (NPSNY), Twenty-First Century Fox Inc Class A (FOXA), Twenty-First Century Fox Inc Class B (FOX), Time Warner (TWX), Charter Communications (CHTR), Sony (SNE), Activision Blizzard (ATVI), Las Vegas Sands (LVS), Marriott International (MAR), Electronic Arts (EA) and ADIDAS AG/S (ADDYY).
Who are Netflix's key executives?
Netflix's management team includes the folowing people:
- Mr. Wilmot Reed Hastings Jr., Co-Founder, Chairman, Pres & CEO (Age 58)
- Mr. David B. Wells, Chief Financial Officer (Age 47)
- Mr. David Hyman, Gen. Counsel & Sec. (Age 52)
- Mr. Theodore A. Sarandos, Chief Content Officer (Age 53)
- Mr. Gregory K. Peters, Chief Product Officer (Age 47)
Has Netflix been receiving favorable news coverage?
News headlines about NFLX stock have trended somewhat positive on Friday, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Netflix earned a media sentiment score of 0.13 on Accern's scale. They also gave media stories about the Internet television network an impact score of 47.05 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Netflix's major shareholders?
Netflix's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (1.75%), Barton Investment Management (0.13%), Fred Alger Management Inc. (0.11%), Gateway Investment Advisers LLC (0.05%), Retirement Systems of Alabama (0.05%) and Calamos Advisors LLC (0.03%). Company insiders that own Netflix stock include A George Battle, Ann Mather, David A Hyman, David B Wells, Gregory K Peters, Jay C Hoag, Jonathan Friedland, Leslie J Kilgore, Neil D Hunt, Reed Hastings, Richard N Barton, Tawni Cranz, Theodore A Sarandos and Timothy M Haley. View Institutional Ownership Trends for Netflix.
Which major investors are selling Netflix stock?
NFLX stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Boston Advisors LLC, Fred Alger Management Inc., CHURCHILL MANAGEMENT Corp, Calamos Advisors LLC, Hillman Co., Hartford Investment Management Co. and Barton Investment Management. Company insiders that have sold Netflix company stock in the last year include A George Battle, Ann Mather, David A Hyman, David B Wells, Gregory K Peters, Jay C Hoag, Jonathan Friedland, Leslie J Kilgore, Reed Hastings, Richard N Barton and Theodore A Sarandos. View Insider Buying and Selling for Netflix.
Which major investors are buying Netflix stock?
NFLX stock was acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Factory Mutual Insurance Co., Oakbrook Investments LLC, Bach Investment Advisors Ltd, Rathbone Brothers plc, Municipal Employees Retirement System of Michigan, State of Alaska Department of Revenue and IFM Investors Pty Ltd. View Insider Buying and Selling for Netflix.
How do I buy shares of Netflix?
Shares of NFLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Netflix's stock price today?
One share of NFLX stock can currently be purchased for approximately $364.23.
How big of a company is Netflix?
Netflix has a market capitalization of $164.96 billion and generates $11.69 billion in revenue each year. The Internet television network earns $558.92 million in net income (profit) each year or $1.25 on an earnings per share basis. Netflix employs 5,500 workers across the globe.
How can I contact Netflix?
Netflix's mailing address is 100 WINCHESTER CIRCLE, LOS GATOS CA, 95032. The Internet television network can be reached via phone at 408-540-3700.
MarketBeat Community Rating for Netflix (NASDAQ NFLX)
MarketBeat's community ratings are surveys of what our community members think about Netflix and other stocks. Vote "Outperform" if you believe NFLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NFLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
