The stock of Netflix Inc. (NFLX) has seen a -0.21% decrease in the past week, with a 11.47% gain in the past month, and a 2.57% flourish in the past quarter. The volatility ratio for the week is 2.68%, and the volatility levels for the past 30 days are at 3.15% for NFLX. The simple moving average for the past 20 days is 3.16% for NFLX’s stock, with a 21.66% simple moving average for the past 200 days.
Is It Worth Investing in Netflix Inc. (NASDAQ: NFLX) Right Now?
Netflix Inc. (NASDAQ: NFLX) has a higher price-to-earnings ratio of 37.06x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.27. Analysts have mixed views on the stock, with 18 analysts rating it as a “buy,” 4 as “overweight,” 20 as “hold,” and 3 as “sell.”
The average price point forecasted by analysts for Netflix Inc. (NFLX) is $361.64, which is $19.0 above the current market price. The public float for NFLX is 438.60M, and currently, short sellers hold a 2.06% ratio of that float. The average trading volume of NFLX on April 17, 2023 was 7.21M shares.
NFLX) stock’s latest price update
Netflix Inc. (NASDAQ: NFLX) has seen a decline in its stock price by -2.18 in relation to its previous close of 346.19. However, the company has experienced a -0.21% decline in its stock price over the last five trading sessions. Barron’s reported 14 hours ago that Netflix Is About to Kick Off Tech Earnings. There Are Lots of Questions.
Analysts’ Opinion of NFLX
Many brokerage firms have already submitted their reports for NFLX stocks, with Robert W. Baird repeating the rating for NFLX by listing it as a “Neutral.” The predicted price for NFLX in the upcoming period, according to Robert W. Baird is $340 based on the research report published on April 11th of the current year 2023.
Argus, on the other hand, stated in their research note that they expect to see NFLX reach a price target of $390, previously predicting the price at $340. The rating they have provided for NFLX stocks is “Buy” according to the report published on January 23rd, 2023.
Wolfe Research gave a rating of “Outperform” to NFLX, setting the target price at $417 in the report published on January 20th of the current year.
NFLX Trading at 2.28% from the 50-Day Moving Average
After a stumble in the market that brought NFLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.75% of loss for the given period.
Volatility was left at 3.15%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares surge +9.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.45% lower at present.
During the last 5 trading sessions, NFLX fell by -0.21%, which changed the moving average for the period of 200-days by +88.55% in comparison to the 20-day moving average, which settled at $329.70. In addition, Netflix Inc. saw 14.84% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NFLX starting from Hoag Jay C, who sale 3,698 shares at the price of $352.94 back on Jan 31. After this action, Hoag Jay C now owns 0 shares of Netflix Inc., valued at $1,305,172 using the latest closing price.
Stock Fundamentals for NFLX
Current profitability levels for the company are sitting at:
- +17.82 for the present operating margin
- +39.37 for the gross margin
The net margin for Netflix Inc. stands at +14.21. The total capital return value is set at 15.72, while invested capital returns managed to touch 12.78. Equity return is now at value 23.10, with 9.60 for asset returns.
Based on Netflix Inc. (NFLX), the company’s capital structure generated 81.49 points at debt to equity in total, while total debt to capital is 44.90. Total debt to assets is 34.84, with long-term debt to equity ratio resting at 79.78. Finally, the long-term debt to capital ratio is 43.96.
When we switch over and look at the enterprise to sales, we see a ratio of 5.22, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 23.36 and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
To put it simply, Netflix Inc. (NFLX) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.