Shares of Netflix, Inc. (NASDAQ:NFLX) have been assigned an average rating of “Buy” from the fifty-three ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and thirty-five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $214.72.

Several brokerages have issued reports on NFLX. Vetr cut Netflix from a “buy” rating to a “hold” rating and set a $229.01 price objective on the stock. in a research note on Monday. UBS Group set a $250.00 price objective on Netflix and gave the company a “buy” rating in a research note on Thursday, January 11th. Barclays initiated coverage on Netflix in a report on Thursday, January 11th. They set an “overweight” rating and a $245.00 target price for the company. Wells Fargo & Co reaffirmed an “outperform” rating and set a $250.00 target price (up from $230.00) on shares of Netflix in a report on Monday, January 8th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $240.00 target price on shares of Netflix in a report on Monday, January 8th.

Shares of Netflix (NFLX) opened at $221.23 on Tuesday. Netflix has a one year low of $130.58 and a one year high of $222.55. The stock has a market capitalization of $95,730.00, a P/E ratio of 223.46, a price-to-earnings-growth ratio of 3.59 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 quarterly earnings data on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.03). Netflix had a net margin of 4.04% and a return on equity of 14.56%. The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.97 billion. During the same quarter in the previous year, the company earned $0.12 EPS. The company’s quarterly revenue was up 30.3% compared to the same quarter last year. equities research analysts expect that Netflix will post 1.25 EPS for the current fiscal year.

In other news, insider Jonathan Friedland sold 995 shares of the stock in a transaction on Friday, January 12th. The stock was sold at an average price of $219.92, for a total value of $218,820.40. Following the completion of the sale, the insider now owns 1,016 shares in the company, valued at $223,438.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard N. Barton sold 700 shares of the stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $197.38, for a total value of $138,166.00. Following the completion of the sale, the director now owns 7,362 shares of the company’s stock, valued at approximately $1,453,111.56. The disclosure for this sale can be found here. Insiders sold 336,617 shares of company stock valued at $65,364,544 in the last 90 days. Corporate insiders own 4.90% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Netflix by 2.9% in the second 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 in the last quarter. FMR LLC lifted its holdings in shares of Netflix by 12.4% in the second quarter. FMR LLC now owns 23,633,237 shares of the Internet television network’s stock valued at $3,531,042,000 after purchasing an additional 2,605,731 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Netflix by 5.0% in the third quarter. Bank of New York Mellon Corp now owns 3,638,317 shares of the Internet television network’s stock valued at $659,809,000 after purchasing an additional 172,229 shares in the last quarter. Tybourne Capital Management HK Ltd. lifted its holdings in shares of Netflix by 3.6% in the second quarter. Tybourne Capital Management HK Ltd. now owns 2,400,536 shares of the Internet television network’s stock valued at $358,664,000 after purchasing an additional 84,341 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Netflix by 3,478.1% in the second quarter. Janus Henderson Group PLC now owns 2,041,458 shares of the Internet television network’s stock valued at $305,014,000 after purchasing an additional 1,984,404 shares in the last quarter. Institutional investors own 83.27% of the company’s stock.

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About Netflix

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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