Netflix reports strong global growth in 2017

Cornelia Mascio
Gennaio 23, 2018

Following the sale, the chief executive officer now owns 91,861 shares of the company's stock, valued at approximately $17,364,484.83.

Netflix, Inc. has a 1-year low of $137.03 and a 1-year high of $227.79. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47.

That's compared with earnings of 15 cents per share and revenue of $2.48 billion in the year-ago period. As of December 31, 2016, it had contracted renewable and conventional generation portfolio of 4,435 net megawatt.

Revenue for the three months totalled $3.286 billion, in line with forecasts.

The streaming giant reported fourth quarter GAAP EPS of 41 cents.

In other news, Director Richard N. Barton sold 700 shares of the business's stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $196.25, for a total value of $14,766,438.75. Under the company's own reporting, free cash flow was a negative Dollars 524 million, more or less in line with the past five quarters. Accern also gave media coverage about the Internet television network an impact score of 44.5617497713418 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. The disclosure for this sale can be found here. The Los Gatos, California-based company has been aggressively rolling out internationally, and losing the worldwide appeal of Disney content has been a concern for bearish investors.

The company just signed a new deal with Shawn Levy, one of the producers of "Stranger Things", one of Netflix's first in-house productions.

Beech Hill Advisors Inc. cut its stake in shares of Netflix, Inc. State of Alaska Department of Revenue now owns 44,960 shares of the Internet television network's stock worth $8,629,000 after acquiring an additional 40,000 shares during the last quarter. Mizuho Securities USA LLC acquired a new position in Netflix during the 3rd quarter worth about $9,793,000.

The final quarter of 2017 was a rather good one for Netflix even if Bright was widely panned by critics.

A number of equities research analysts have recently commented on NFLX shares. Canaccord Genuity has "Buy" rating and $120 target. Loop Capital initiated the shares of NFLX in report on Wednesday, October 5 with "Buy" rating. Sanford C. Bernstein reissued an "outperform" rating and set a $203.00 target price on shares of Netflix in a report on Sunday, October 1st. When considering if perhaps the stock is under or overvalued, the average price target is $239.53 which is 5% above where the stock closed today.

Wedbush set a $93.00 target price on Netflix (NASDAQ:NFLX) in a report issued on Friday morning. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & global copyright and trademark laws. 22,845 were accumulated by Zeke Cap Advsrs Ltd. Pittenger & Anderson Incorporated stated it has 0.18% in Netflix, Inc. The Company operates through three segments: Domestic streaming, global streaming and Domestic DVD. In the shareholder letter, Netflix noted that Disney's service will have "a beloved brand and great franchises", but added that "the market for entertainment time is vast and can support many successful services".

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