Netflix (NASDAQ:NFLX)‘s stock had its “outperform” rating restated by equities research analysts at William Blair in a research note issued on Tuesday.

A number of other analysts have also recently commented on NFLX. B. Riley reaffirmed a “neutral” rating on shares of Netflix in a report on Wednesday, November 1st. Credit Suisse Group set a $266.00 target price on shares of Netflix and gave the company a “neutral” rating in a report on Tuesday. Royal Bank of Canada set a $300.00 target price on shares of Netflix and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. set a $285.00 target price on shares of Netflix and gave the company a “buy” rating in a report on Tuesday. Finally, Stifel Nicolaus upped their target price on shares of Netflix from $235.00 to $283.00 and gave the company a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirty-five have given a buy rating to the company’s stock. Netflix presently has a consensus rating of “Buy” and an average price target of $222.29.

Shares of Netflix (NASDAQ NFLX) opened at $227.58 on Tuesday. Netflix has a twelve month low of $137.03 and a twelve month high of $227.79. The company has a market cap of $98,480.00, a P/E ratio of 182.06, a price-to-earnings-growth ratio of 3.56 and a beta of 1.34. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.47.

Netflix (NASDAQ:NFLX) last announced its earnings results on Tuesday, January 16th. The Internet television network reported $0.41 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.41. Netflix had a net margin of 4.04% and a return on equity of 14.56%. The business had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the prior year, the company earned $0.15 earnings per share. The firm’s revenue was up 32.6% on a year-over-year basis. equities research analysts predict that Netflix will post 1.25 EPS for the current year.

In other Netflix news, Director Richard N. Barton sold 350 shares of the stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $185.71, for a total transaction of $64,998.50. Following the completion of the transaction, the director now owns 7,171 shares in the company, valued at $1,331,726.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jonathan Friedland sold 2,743 shares of the stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $205.59, for a total transaction of $563,933.37. Following the transaction, the insider now owns 1,147 shares of the company’s stock, valued at approximately $235,811.73. The disclosure for this sale can be found here. Insiders have sold 258,216 shares of company stock valued at $50,391,195 in the last quarter. 4.90% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. UMB Bank N A MO lifted its position in Netflix by 123.5% during the fourth quarter. UMB Bank N A MO now owns 3,731 shares of the Internet television network’s stock valued at $716,000 after purchasing an additional 2,062 shares during the last quarter. Interactive Financial Advisors bought a new position in Netflix during the fourth quarter valued at $187,000. TRUE Private Wealth Advisors lifted its position in Netflix by 240.9% during the fourth quarter. TRUE Private Wealth Advisors now owns 4,980 shares of the Internet television network’s stock valued at $955,000 after purchasing an additional 3,519 shares during the last quarter. Personal Capital Advisors Corp raised its stake in shares of Netflix by 5.4% in the fourth quarter. Personal Capital Advisors Corp now owns 160,512 shares of the Internet television network’s stock valued at $30,812,000 after acquiring an additional 8,245 shares during the period. Finally, State of Alaska Department of Revenue raised its stake in shares of Netflix by 806.5% in the fourth quarter. State of Alaska Department of Revenue now owns 44,960 shares of the Internet television network’s stock valued at $8,629,000 after acquiring an additional 40,000 shares during the period. Institutional investors and hedge funds 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.

Analyst Recommendations for Netflix (NASDAQ:NFLX)

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