Netflix’s (NFLX) Buy Rating Reiterated at DZ Bank

DZ Bank reissued their buy rating on shares of Netflix (NASDAQ:NFLX) in a research note published on Friday morning,MarketScreener Latest Ratings reports.

NFLX has been the topic of a number of other reports. Morgan Stanley set a $150.00 target price on Netflix in a research report on Monday, October 13th. KGI Securities raised Netflix from a “neutral” rating to an “outperform” rating and set a $135.00 price objective on the stock in a report on Monday, November 3rd. Loop Capital lowered their target price on Netflix from $135.00 to $132.50 in a research report on Wednesday, October 22nd. Needham & Company LLC restated a “buy” rating and issued a $150.00 price target on shares of Netflix in a research report on Wednesday, October 22nd. Finally, The Goldman Sachs Group decreased their price target on shares of Netflix from $131.00 to $130.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $134.54.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $100.24 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a fifty day moving average price of $112.86 and a 200 day moving average price of $119.12. Netflix has a fifty-two week low of $82.11 and a fifty-two week high of $134.12. The firm has a market cap of $424.75 billion, a price-to-earnings ratio of 41.87, a P/E/G ratio of 1.48 and a beta of 1.71.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $5.18. The company had revenue of $11.32 billion for the quarter, compared to the consensus estimate of $11.52 billion. Netflix had a net margin of 24.05% and a return on equity of 41.86%. Netflix’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.54 EPS. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. As a group, sell-side analysts expect that Netflix will post 24.58 earnings per share for the current fiscal year.

Insider Activity

In other Netflix news, CFO Spencer Adam Neumann sold 26,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $117.25, for a total value of $3,048,526.00. Following the sale, the chief financial officer owned 36,910 shares in the company, valued at $4,327,734.41. This trade represents a 41.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gregory K. Peters sold 20,270 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total transaction of $2,220,943.36. Following the sale, the chief executive officer directly owned 127,810 shares of the company’s stock, valued at $14,003,886.08. This represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,619,840 shares of company stock valued at $181,648,613. 1.37% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Netflix

A number of hedge funds have recently added to or reduced their stakes in NFLX. Vanguard Group Inc. increased its holdings in Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after purchasing an additional 142,238 shares during the period. State Street Corp grew its position in shares of Netflix by 2.1% during the 2nd quarter. State Street Corp now owns 17,444,013 shares of the Internet television network’s stock worth $23,359,801,000 after buying an additional 360,604 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Netflix by 2.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,732,066 shares of the Internet television network’s stock valued at $10,940,505,000 after buying an additional 304,399 shares during the period. Geode Capital Management LLC raised its holdings in shares of Netflix by 2.4% in the second quarter. Geode Capital Management LLC now owns 9,926,733 shares of the Internet television network’s stock valued at $13,234,278,000 after acquiring an additional 229,182 shares in the last quarter. Finally, Norges Bank purchased a new stake in Netflix in the second quarter worth about $7,929,645,000. 80.93% of the stock is currently owned by institutional investors.

About Netflix

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.