Netflix Company Profile (NASDAQ:NFLX)

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

Shares of Netflix split on the morning of 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.

Netflix, Inc. (NASDAQ:NFLX) released its quarterly earnings results on Monday, October, 16th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.03. The firm earned $2.99 billion during the quarter, compared to analysts' expectations of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. The business's revenue was up 30.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.12 EPS. View Netflix's Earnings History.

Netflix is scheduled to release their next quarterly earnings announcement on Tuesday, January, 16th 2018. View Earnings Estimates for Netflix.

Netflix updated its fourth quarter earnings guidance on Monday, October, 16th. The company provided earnings per share (EPS) guidance of $0.41 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.34. The company issued revenue guidance of $3.274 billion, compared to the consensus revenue estimate of $3.15 billion.

46 brokers have issued twelve-month price targets for Netflix's shares. Their predictions range from $125.00 to $270.00. On average, they anticipate Netflix's share price to reach $206.30 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 is benefitting from its focus on original programming and international expansion.  The strength in content portfolio will help it to gain more subscribers across the globe. Going ahead, the company expects to add 0.75 million subscribers in the domestic streaming segment and 3.65 million subscribers in the international segment in the third quarter. The company’s efforts to attract viewers through investing in more regional programming should also boost user base. Plus, the company expects to report profits from International operations in the third quarter. In the past one year, Netflix shares have vastly outperformed the industry. Estimates have remained stable ahead of the upcoming earnings release. But, investments in original/acquired content remain a drag on profitability." (10/13/2017)
• 2. Cantor Fitzgerald analysts commented, "The Walt Disney Company (DIS: NC)) announced that it would launch a Disney-branded direct-to-consumer streaming service in 2019 (and an ESPN sports streaming service in early 2018)." (8/11/2017)
• 3. 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)
• 4. 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)
• 5. 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 drop in short interest during the month of September. As of September 29th, there was short interest totalling 26,579,419 shares, a drop of 10.3% from the September 15th total of 29,642,691 shares. Based on an average daily volume of 5,656,387 shares, the days-to-cover ratio is presently 4.7 days. Approximately 6.4% of the shares of the company are sold short.

Some companies that are related to Netflix include Weibo Corporation (WB), IAC/InterActiveCorp (IAC), 58.com (WUBA), CoStar Group (CSGP), Autohome (ATHM), YY (YY), Just Eat PLC (JE), Rightmove Plc (RMV), Yelp (YELP), Auto Trader Group PLC (AUTO), Bitauto Holdings Limited (BITA), Yirendai (YRD), Trivago N.V. ADS (TRVG), WebMD Health Corp. (WBMD), Cars.com (CARS), Moneysupermarket.Com Group PLC (MONY), TrueCar (TRUE) and Shutterstock (SSTK).

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 APG Asset Management N.V. (0.13%), Robeco Institutional Asset Management B.V. (0.05%), State Treasurer State of Michigan (0.03%), Glynn Capital Management LLC (0.03%), Centre Asset Management LLC (0.01%) and Alpha Cubed Investments LLC (0.01%). 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 Eqis Capital Management Inc., Robeco Institutional Asset Management B.V., Shell Asset Management Co., Glynn Capital Management LLC, State Treasurer State of Michigan, Amarillo National Bank, Winslow Evans & Crocker Inc. and Centre Asset Management LLC. Company insiders that have sold Netflix stock in the last year include David A Hyman, David B Wells, Gregory K Peters, Jonathan Friedland, Leslie J Kilgore, Neil D Hunt, Reed Hastings, Richard N Barton, Tawni Cranz and Timothy M Haley. View Insider Buying and Selling for Netflix.

Netflix's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Quantitative Systematic Strategies LLC, Merriman Wealth Management LLC, Alpha Cubed Investments LLC, Stokes & Hubbell Capital Management LLC, Crow Point Partners LLC, Arcadia Investment Management Corp MI and BB&T Corp. 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 $194.16.