Netflix Company Profile (NASDAQ:NFLX)

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

Netflix's stock split on the morning of Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly issued 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 earnings results on Monday, April, 17th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.03. The firm earned $2.64 billion during the quarter, compared to analyst estimates of $2.64 billion. Netflix had a net margin of 2.11% and a return on equity of 7.51%. The firm's quarterly revenue was up 34.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.06 EPS. View Netflix's Earnings History.

Netflix is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Netflix.

43 equities research analysts have issued 12 month target prices for Netflix's stock. Their forecasts range from $40.00 to $195.00. On average, they anticipate Netflix's share price to reach $146.79 in the next twelve months. View Analyst Ratings for Netflix.

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

• 1. 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)
• 2. According to Zacks Investment Research, "Netflix’s focus on global expansion and original content has paid off with the streaming giant adding 7.05 million net new additions in the last reported quarter, taking the total count to 19 million for 2016. Moreover, for the first time, Netflix expects International segment to post profits in the current quarter to the tune of $16 million. Netflix remains committed to make 50% its total content original over the next few years. It estimates content spending in 2017 to be around $6 billion. All this has been well reflected in the share price movement. Over the past one year, Netflix shares have outperformed the Zacks categorized Broadcast Radio/TV industry. Moreover, estimtes have remained stable ahead of the company's first quarter 2017 earnings release. However, investments in original/acquired content remain a drag on profitability. " (3/22/2017)
• 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)
• 5. BMO Capital Markets analysts commented, "Bears may point to weak FCF in the quarter, but the Bulls win the day with very strong sub trends, helped by "re-joins" in the US and continuing traction and more localization in international markets. We remain on the sidelines in part due to the global launch of AMZN Prime Video at a ~20% lower cost, but note NFLX's results are a good reminder that IP-delivered TV is still in its infancy, there is room for multiple winners, and global rollouts like Prime's help bring attention to all OTT services." (1/19/2017)

Netflix saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 28,589,387 shares, an increase of 0.1% from the April 28th total of 28,615,451 shares. Based on an average daily volume of 5,510,334 shares, the days-to-cover ratio is currently 5.2 days. Currently, 6.8% of the shares of the stock are sold short.

Some companies that are related to Netflix include Charter Communications (CHTR), Liberty Global plc - Class A (LBTYA), Liberty Global plc - Class C (LBTYK), DISH Network Corp (DISH), Discovery Communications (DISCA), Discovery Communications (DISCK), Shaw Communications (SJR), Liberty Global plc - Class A (LILA), Liberty Global plc - Class C (LILAK), Hemisphere Media Group (HMTV), Cablevision Systems (CVC) and Time Warner Cable (TWC).

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
• Neil D. Hunt, Chief Product Officer
• Greg Peters, Chief Product Officer
• Theodore A. Sarandos Jr, Chief Content Officer
• Jay C. Hoag, Lead Independent Director
• Richard N. Barton, Independent Director

Netflix's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.30%), FMR LLC (4.88%), State Street Corp (4.07%), Jennison Associates LLC (3.00%), SRS Investment Management LLC (2.36%) and Wellington Management Group LLP (2.28%). 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.

Netflix's stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Gilder Gagnon Howe & Co. LLC, Parametric Portfolio Associates LLC, State of New Jersey Common Pension Fund D, Alliancebernstein L.P., United Services Automobile Association, Cibc World Markets Corp and Steadfast Capital Management LP. Company insiders that have sold Netflix stock in the last year include A George Battle, David A Hyman, David B Wells, Gregory K Peters, 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 Jennison Associates LLC, FMR LLC, Vanguard Group Inc., Tybourne Capital Management HK Ltd., Morgan Stanley, State Street Corp, Whale Rock Capital Management LLC and Geode Capital Management 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 $162.43.