Netflix (NFLX) Earns Daily News Sentiment Rating of 0.35

Media coverage about Netflix (NASDAQ:NFLX) has trended positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Netflix earned a news sentiment score of 0.35 on Accern’s scale. Accern also gave news headlines about the Internet television network an impact score of 48.5790837022886 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern’s scoring:

NFLX has been the subject of several recent research reports. Piper Jaffray Companies restated a “buy” rating and issued a $215.00 price objective on shares of Netflix in a report on Monday, September 18th. Loop Capital lifted their price objective on Netflix from $228.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, October 17th. Royal Bank Of Canada restated an “outperform” rating and issued a $210.00 price objective on shares of Netflix in a report on Friday, October 6th. Vetr upgraded Netflix from a “sell” rating to a “hold” rating and set a $165.75 price objective for the company in a report on Thursday, August 10th. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of Netflix in a report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating and thirty-three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $207.20.

Shares of Netflix (NASDAQ:NFLX) traded up $0.51 on Monday, hitting $193.71. The stock had a trading volume of 2,427,863 shares, compared to its average volume of 6,689,182. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. The stock has a market cap of $83,630.00, a PE ratio of 195.15, a PEG ratio of 5.74 and a beta of 1.39. Netflix has a fifty-two week low of $113.51 and a fifty-two week high of $204.38.

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 consensus estimate of $0.32 by ($0.03). The company had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.97 billion. Netflix had a net margin of 4.04% and a return on equity of 14.56%. The business’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 EPS. research analysts forecast that Netflix will post 1.26 EPS for the current fiscal year.

In other news, CEO Reed Hastings sold 75,467 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $185.02, for a total transaction of $13,962,904.34. Following the sale, the chief executive officer now owns 75,467 shares of the company’s stock, valued at approximately $13,962,904.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ann Mather sold 3,885 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $200.00, for a total value of $777,000.00. Following the sale, the director now directly owns 1,015 shares in the company, valued at approximately $203,000. The disclosure for this sale can be found here. Insiders sold a total of 250,692 shares of company stock valued at $48,074,934 in the last quarter. Company insiders own 4.90% 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.

Insider Buying and Selling by Quarter for Netflix (NASDAQ:NFLX)

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