Netflix Company Profile (NASDAQ:NFLX)

Netflix trades on the NASDAQ under the ticker symbol "NFLX."

Shares of Netflix split before market open on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly created shares were payable to shareholders after the closing bell 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.

Netflix, Inc. (NASDAQ:NFLX) announced its quarterly earnings results on Monday, July, 17th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. The business earned $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Netflix had a return on equity of 12.82% and a net margin of 3.55%. The company's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.09 earnings per share. View Netflix's Earnings History.

Netflix is scheduled to release their next quarterly earnings announcement on Monday, October, 16th 2017. View Earnings Estimates for Netflix.

Netflix issued an update on its third quarter earnings guidance on Monday, July, 17th. The company provided EPS guidance of $0.32 for the period, compared to the Thomson Reuters consensus estimate of $0.22. The company issued revenue guidance of $2969, compared to the consensus revenue estimate of $2.88 billion.

42 analysts have issued 1-year price targets for Netflix's shares. Their predictions range from $82.00 to $230.00. On average, they expect Netflix's share price to reach $174.27 in the next twelve months. View Analyst Ratings for Netflix.

Here are some recent quotes from research analysts about Netflix stock:

• 1. According to Zacks Investment Research, "Netflix reported second-quarter 2017 results, wherein earnings missed the Zacks Consensus Estimate but revenues beat the same. A strong subscriber growth overshadowed the earnings miss. In the second quarter, Netflix added more subscribers than the guided number, benefitting from its focus on original programming and international expansion.In the third quarter, Netflix expects to add 0.75 million subscribers in the domestic streaming segment and 3.65 million in the international segment. Moreover, the company expects to report profits from International operations in the quarter. In the past one year, Netflix shares have vastly outperformed the Zacks categorized Broadcast Radio/TV industry. Nonetheless, investments in original/acquired content remain a drag on profitability. We believe Netflix’s ability to effectively manage costs will dictate its future prospects." (7/19/2017)
• 2. FBR & Co analysts commented, "As one rough gauge of global interest in Netflix, we check on search volumes for the term Netflix. Our checks for 1Q17 tell a story that looks consistent with Netflix’s guidance for a dip in net additions in the U.S. and internationally, against a tough year-ago comparison. Specifically, Google searches for Netflix dipped slightly in the U.S." (4/11/2017)
• 3. Deutsche Bank AG analysts commented, "We believe Netflix will likely exceed its guidance and consensus estimates for 1Q int'l subscribers, which is the key driver of the stock price. Another int'l subscriber beat should lead to further optimism with respect to the ultimate penetration of int'l broadband households and, it should drive consensus forward estimates higher. We expect this to drive the stock price higher in the short term. However, we continue to rate NFLX Hold based on valuation." (3/20/2017)
• 4. Jefferies Group LLC analysts commented, "We conducted a survey targeting consumers in Germany and India to evaluate NFLX's opportunity in these two key markets. Conclusion: The growth opportunity appears larger than we had expected, as original content is performing well, mobile consumption is growing, competition appears limited, and the pricing plan is gaining traction. We are raising our Int'l sub est. & upgrading NFLX shares to Hold / raising our PT to $135 (from $95)." (3/15/2017)

Netflix saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 25,739,907 shares, an increase of 1.0% from the June 30th total of 26,009,173 shares. Based on an average trading volume of 5,619,645 shares, the short-interest ratio is currently 4.6 days. Currently, 6.2% of the company's shares are sold short.

Some companies that are related to Netflix include CoStar Group (CSGP), IAC/InterActiveCorp (IAC), 58.com (WUBA), Autohome (ATHM), Just Eat PLC (JE), Rightmove Plc (RMV), Auto Trader Group PLC (AUTO), Yelp (YELP), WebMD Health Corp (WBMD), Bitauto Holdings Limited (BITA), Yirendai (YRD), Moneysupermarket.Com Group PLC (MONY), TrueCar (TRUE), Shutterstock (SSTK), Yext (YEXT), NIC (EGOV), Blucora (BCOR) and Liberty TripAdvisor Holdings (LTRPA).

Netflix's management team includes the folowing people:

• Reed Hastings, Chairman of the Board, President, Chief Executive Officer
• David B. Wells, Chief Financial Officer
• Kelly Bennett, Chief Marketing Officer
• David A. Hyman, General Counsel, Secretary
• Jonathan S. Friedland, Chief Communications Officer
• Greg Peters, Chief Product Officer
• Theodore A. Sarandos Jr, Chief Content Officer
• Jay C. Hoag, Lead Independent Director
• Richard N. Barton, Independent Director
• A. George Battle, Independent Director

Netflix's stock is owned by a number of of retail and institutional investors. Top institutional investors include Barton Investment Management (0.15%), APG Asset Management N.V. (0.13%), Bank of Montreal Can (0.09%), Chevy Chase Trust Holdings Inc. (0.09%), AMF Pensionsforsakring AB (0.08%) and National Pension Service (0.08%). Company insiders that own Netflix stock include A George Battle, 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.

Netflix's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Advisors LLC, Parkwood LLC, Glaxis Capital Management LLC, Exxonmobil Investment Management Inc. TX, Strs Ohio, Bedrijfstakpensioenfonds Voor DE Media PNO and First Midwest Bank Trust Division. Company insiders that have sold Netflix stock in the last year include A George Battle, David A Hyman, David B Wells, Gregory K Peters, Jonathan Friedland, Leslie J Kilgore, Neil D Hunt, Reed Hastings, Richard N Barton, Tawni Cranz, Theodore A Sarandos and Timothy M Haley. View Insider Buying and Selling for Netflix.

Netflix's stock was bought by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD, Mn Services Vermogensbeheer B.V., CTC LLC, Bank of Montreal Can, First Quadrant L P CA, National Pension Service, Harbour Capital Advisors LLC and Abner Herrman & Brock LLC. View Insider Buying and Selling for Netflix.

Shares of Netflix can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Netflix stock can currently be purchased for approximately $182.68.