Equities analysts expect that Netflix, Inc. (NASDAQ:NFLX) will announce earnings per share of $0.41 for the current quarter, Zacks reports. Twelve analysts have issued estimates for Netflix’s earnings. The highest EPS estimate is $0.43 and the lowest is $0.39. Netflix reported earnings of $0.15 per share in the same quarter last year, which would indicate a positive year over year growth rate of 173.3%. The firm is expected to announce its next earnings report after the market closes on Monday, January 22nd.

On average, analysts expect that Netflix will report full year earnings of $1.25 per share for the current year, with EPS estimates ranging from $1.22 to $1.28. For the next year, analysts forecast that the business will report earnings of $2.31 per share, with EPS estimates ranging from $1.80 to $3.01. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Netflix.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.97 billion. Netflix had a net margin of 4.04% and a return on equity of 14.56%. The firm’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.12 EPS.

A number of research analysts recently issued reports on the stock. B. Riley reiterated a “neutral” rating on shares of Netflix in a report on Wednesday, November 1st. Barclays assumed coverage on shares of Netflix in a report on Thursday, January 11th. They issued an “overweight” rating and a $245.00 price objective for the company. Vetr upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $230.38 price objective for the company in a report on Tuesday. Wedbush restated a “hold” rating and set a $190.00 price target (up previously from $180.00) on shares of Netflix in a report on Wednesday, October 18th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $215.00 price target on shares of Netflix in a report on Monday, September 18th. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and thirty-six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $212.11.

Shares of Netflix (NASDAQ NFLX) traded up $0.30 during midday trading on Tuesday, reaching $221.53. 13,491,948 shares of the company were exchanged, compared to its average volume of 6,260,000. The company has a market cap of $95,860.00, a price-to-earnings ratio of 223.77, a PEG ratio of 3.59 and a beta of 1.34. Netflix has a 1-year low of $130.58 and a 1-year high of $226.07. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.47.

In related news, Director Richard N. Barton sold 350 shares of Netflix stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $185.71, for a total value of $64,998.50. Following the completion of the sale, the director now owns 7,171 shares of the company’s stock, valued at approximately $1,331,726.41. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Reed Hastings sold 91,861 shares of Netflix stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $189.03, for a total transaction of $17,364,484.83. Following the completion of the sale, the chief executive officer now directly owns 91,861 shares of the company’s stock, valued at approximately $17,364,484.83. The disclosure for this sale can be found here. Insiders sold a total of 336,617 shares of company stock valued at $65,364,544 in the last quarter. 4.90% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Balentine LLC grew its position in Netflix by 1,020.4% in the 3rd quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock valued at $100,000 after purchasing an additional 500 shares during the period. Aviance Capital Management LLC purchased a new position in Netflix during the 2nd quarter worth $137,000. Steward Partners Investment Advisory LLC purchased a new position in Netflix during the 3rd quarter worth $171,000. Grove Bank & Trust boosted its holdings in Netflix by 249.6% during the 3rd quarter. Grove Bank & Trust now owns 958 shares of the Internet television network’s stock worth $174,000 after acquiring an additional 684 shares during the last quarter. Finally, Harfst & Associates Inc. boosted its holdings in Netflix by 36.8% during the 2nd quarter. Harfst & Associates Inc. now owns 1,015 shares of the Internet television network’s stock worth $151,000 after acquiring an additional 273 shares during the last quarter. 83.27% of the stock is owned by institutional investors and hedge funds.

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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.

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Earnings History and Estimates for Netflix (NASDAQ:NFLX)

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