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Shares of Netflix (NASDAQ:NFLX) have been given an average recommendation of “Hold” by the forty-two brokerages that are presently covering the company, Analyst Ratings Net reports. Five analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and eighteen have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $397.09.

In other Netflix news, CEO Reed Hastings sold 12,977 shares of Netflix stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $438.05, for a total transaction of $5,684,574.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Netflix (NASDAQ:NFLX) opened at 438.52 on Friday. Netflix has a 1-year low of $210.05 and a 1-year high of $458.00. The stock’s 50-day moving average is $404.5 and its 200-day moving average is $386.7. The company has a market cap of $26.285 billion and a price-to-earnings ratio of 165.20.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Monday, April 21st. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 24.0% on a year-over-year basis. On average, analysts predict that Netflix will post $4.11 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on NFLX shares. Analysts at Barclays initiated coverage on shares of Netflix in a research note on Thursday. They set an “underweight” rating and a $420.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Morgan Stanley initiated coverage on shares of Netflix in a research note on Tuesday, June 17th. They set an “overweight” rating and a $500.00 price target on the stock. Finally, analysts at Evercore Partners upgraded shares of Netflix from an “equal weight” rating to an “overweight” rating in a research note on Monday, June 9th. They now have a $500.00 price target on the stock, up previously from $400.00.

Netflix, Inc is an Internet television network with more than 44 million members in over 40 countries.

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