Netflix (NASDAQ: NFLX) has recently received a number of price target changes and ratings updates:
Shares of Netflix Inc. (NASDAQ:NFLX) opened at 117.41 on Monday. Netflix Inc. has a 1-year low of $79.95 and a 1-year high of $133.27. The company has a market capitalization of $50.39 billion, a price-to-earnings ratio of 317.32 and a beta of 1.81. The stock’s 50 day moving average price is $116.99 and its 200 day moving average price is $100.75.
Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Monday, October 17th. The Internet television network reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. The firm earned $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Netflix had a net margin of 1.99% and a return on equity of 6.31%. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. Analysts expect that Netflix Inc. will post $0.40 EPS for the current year.