Netflix Company Profile (NASDAQ:NFLX)

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

Netflix shares 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 payable 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) issued its quarterly earnings results on Monday, July, 17th. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.01. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate 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 quarter in the previous 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 updated 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 earnings per share 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 stock. Their forecasts range from $82.00 to $225.00. On average, they anticipate Netflix's share price to reach $173.41 in the next year. 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 daily trading volume, of 5,619,645 shares, the days-to-cover ratio is presently 4.6 days. Approximately 6.2% of the shares of the stock are sold short.

Some companies that are related to Netflix include Weibo Corporation (WB), CoStar Group (CSGP), IAC/InterActiveCorp (IAC), 58.com (WUBA), Autohome (ATHM), Just Eat PLC (JE), YY (YY), Rightmove Plc (RMV), Auto Trader Group PLC (AUTO), Yelp (YELP), WebMD Health Corp (WBMD), Bitauto Holdings Limited (BITA), Yirendai (YRD), TrueCar (TRUE), Moneysupermarket.Com Group PLC (MONY), 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 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 purchased 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, Abner Herrman & Brock LLC and Aperio Group 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 $186.97.