The stock of Netflix Inc (NASDAQ:NFLX) last traded at $953.99, up 9.69% from the previous session.
NFLX stock price is now 8.24% away from the 50-day moving average and 32.84% away from the 200-day moving average. The market capitalization of the company currently stands at $407.79B.
On January 23, 2025, Rosenblatt Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $1494, while ‘Canaccord Genuity’ rates the stock as ‘Buy’
In other news, BARTON RICHARD N, Director sold 6,364 shares of the company’s stock on Jan 07 ’25. The stock was sold for $5,596,374 at an average price of $879.38. Upon completion of the transaction, the Director now directly owns 246 shares in the company, valued at $0.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 07 ’25, Director BARTON RICHARD N bought 6,364 shares of the business’s stock. A total of $5,596,374 was incurred on buying the stock at an average price of $879.38. A total of 0.66% of the company’s stock is owned by insiders.
During the past 12 months, Netflix Inc has had a low of $479.90 and a high of $941.75. As of last week, the company has a debt-to-equity ratio of 0.63, a current ratio of 1.22, and a quick ratio of 1.13. According to the stock market information, the enterprise value for the company is $381036494848, which is based on a 48.11 price-to-earnings ratio, a 1.86 price-to-earnings-growth ratio, and a beta of 1.26. The fifty day moving average price for NFLX is $881.4008 and a two-hundred day moving average price translates $718.1602 for the stock.
The latest earnings results from Netflix Inc (NASDAQ: NFLX) was released for 2024-09-30. The net profit margin was 22.38% and return on equity was 38.43% for NFLX. The company reported revenue of $9.82 billion for the quarter, compared to $8.54 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.02 percent.
