Netflix, Inc. (NASDAQ:NFLX) – Analysts at B. Riley issued their FY2017 earnings estimates for Netflix in a research note issued to investors on Tuesday. B. Riley analyst B. Crockett expects that the Internet television network will earn $1.24 per share for the year. B. Riley currently has a “Hold” rating and a $211.00 target price on the stock.

NFLX has been the topic of a number of other research reports. Credit Suisse Group set a $224.00 price target on Netflix and gave the company a “neutral” rating in a research report on Monday, January 8th. BidaskClub cut Netflix from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. Citigroup upped their price target on Netflix from $180.00 to $205.00 and gave the company a “neutral” rating in a research report on Friday, October 13th. Vetr raised Netflix from a “buy” rating to a “strong-buy” rating and set a $214.83 price target on the stock in a research report on Friday, December 22nd. Finally, Loop Capital increased their price objective on Netflix from $237.00 to $241.00 and gave the stock a “buy” rating in a report on Tuesday, January 2nd. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirty-five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $213.56.

Netflix (NFLX) opened at $220.46 on Thursday. Netflix has a 1 year low of $137.03 and a 1 year high of $226.07. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $95,460.00, a price-to-earnings ratio of 222.69, a PEG ratio of 3.54 and a beta of 1.34.

In other news, General Counsel David A. Hyman sold 63,378 shares of the stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $198.90, for a total transaction of $12,605,884.20. Following the transaction, the general counsel now directly owns 43,071 shares in the company, valued at approximately $8,566,821.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Reed Hastings sold 83,335 shares of the stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $192.79, for a total value of $16,066,154.65. Following the transaction, the chief executive officer now owns 83,335 shares in the company, valued at $16,066,154.65. The disclosure for this sale can be found here. Insiders have sold a total of 341,551 shares of company stock worth $66,457,350 over the last quarter. Corporate insiders own 4.90% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Netflix by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 27,950,272 shares of the Internet television network’s stock valued at $4,176,049,000 after purchasing an additional 789,190 shares during the last quarter. FMR LLC grew its position in Netflix by 12.4% during the 2nd quarter. FMR LLC now owns 23,633,237 shares of the Internet television network’s stock worth $3,531,042,000 after acquiring an additional 2,605,731 shares during the last quarter. Bank of New York Mellon Corp grew its position in Netflix by 5.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,638,317 shares of the Internet television network’s stock worth $659,809,000 after acquiring an additional 172,229 shares during the last quarter. Tybourne Capital Management HK Ltd. grew its position in Netflix by 3.6% during the 2nd quarter. Tybourne Capital Management HK Ltd. now owns 2,400,536 shares of the Internet television network’s stock worth $358,664,000 after acquiring an additional 84,341 shares during the last quarter. Finally, Janus Henderson Group PLC grew its position in Netflix by 3,478.1% during the 2nd quarter. Janus Henderson Group PLC now owns 2,041,458 shares of the Internet television network’s stock worth $305,014,000 after acquiring an additional 1,984,404 shares during the last quarter. Hedge funds and other institutional investors own 83.27% of the company’s stock.

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Netflix Company Profile

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

Earnings History and Estimates for Netflix (NASDAQ:NFLX)

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