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 issued 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) announced its quarterly earnings data on Monday, July, 17th. The company reported $0.15 EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.01. The company earned $2.79 billion during the quarter, compared to analysts' expectations of $2.76 billion. Netflix had a return on equity of 12.82% and a net margin of 3.55%. The business's quarterly revenue was up 32.3% on a year-over-year basis. During the same period last year, the firm earned $0.09 EPS. 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 earnings per share (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.

43 equities research analysts have issued twelve-month price targets for Netflix's shares. Their forecasts range from $82.00 to $230.00. On average, they anticipate Netflix's share price to reach $178.81 in the next year. View Analyst Ratings for Netflix.

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

• 1. 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)
• 2. 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)
• 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)

Netflix saw a increase in short interest in August. As of August 31st, there was short interest totalling 28,425,659 shares, an increase of 4.8% from the August 15th total of 27,124,105 shares. Based on an average daily volume of 5,694,152 shares, the days-to-cover ratio is currently 5.0 days. Currently, 6.8% of the shares of the company are sold short.

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

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 shareholders include Capital Research Global Investors (11.27%), Vanguard Group Inc. (6.47%), BlackRock Inc. (5.94%), FMR LLC (5.47%), State Street Corp (3.99%) and Jennison Associates LLC (3.42%). 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 Capital Research Global Investors, Prudential Financial Inc., Renaissance Technologies LLC, Whale Rock Capital Management LLC, State Street Corp, Russell Investments Group Ltd., Bank of New York Mellon Corp and Capital World Investors. 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 FMR LLC, Janus Henderson Group PLC, Jennison Associates LLC, Los Angeles Capital Management & Equity Research Inc., Vanguard Group Inc., Winslow Capital Management LLC, BlackRock Inc. and American Century Companies Inc.. 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 $185.51.