Jefferies Financial Group Reaffirms Buy Rating for Netflix (NASDAQ:NFLX)

Netflix (NASDAQ:NFLX)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a note issued to investors on Monday,MarketScreener reports.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company decreased their price objective on shares of Netflix from $156.00 to $151.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Sanford C. Bernstein reissued a “buy” rating on shares of Netflix in a research report on Wednesday, November 19th. Canaccord Genuity Group restated a “buy” rating and set a $152.50 price target on shares of Netflix in a research note on Wednesday, October 22nd. The Goldman Sachs Group lowered their target price on shares of Netflix from $131.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 30th. Finally, Loop Capital decreased their price objective on Netflix from $135.00 to $132.50 in a research report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Netflix currently has a consensus rating of “Moderate Buy” and an average price target of $131.70.

Netflix Trading Down 0.1%

Shares of Netflix stock opened at $96.71 on Monday. The stock has a 50 day moving average of $111.92 and a 200 day moving average of $118.81. 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 market capitalization of $409.79 billion, a price-to-earnings ratio of 40.40, a PEG ratio of 1.43 and a beta of 1.71. Netflix has a fifty-two week low of $82.11 and a fifty-two week high of $134.12.

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

Insider Transactions at Netflix

In other news, CEO Gregory K. Peters sold 20,270 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total value of $2,220,943.36. Following the sale, the chief executive officer owned 127,810 shares in the company, valued at approximately $14,003,886.08. This represents a 13.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Theodore A. Sarandos sold 20,270 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $109.21, for a total value of $2,213,646.16. Following the sale, the chief executive officer owned 151,680 shares in the company, valued at $16,564,669.44. The trade was a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,619,840 shares of company stock valued at $181,648,613 over the last ninety days. 1.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Netflix

A number of large investors have recently made changes to their positions in the company. Imprint Wealth LLC bought a new position in Netflix during the third quarter valued at about $25,000. Retirement Wealth Solutions LLC bought a new stake in shares of Netflix in the third quarter valued at approximately $28,000. Legacy Investment Solutions LLC acquired a new stake in Netflix in the 2nd quarter worth $31,000. Steph & Co. grew its position in Netflix by 188.9% during the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after buying an additional 17 shares in the last quarter. Finally, Stephens Consulting LLC increased its position in shares of Netflix by 150.0% during the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock valued at $33,000 after purchasing an additional 15 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

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.