What's Happening with NFLX
Netflix Inc (NFLX) is scheduled to report Quarter 3 numbers after the market close on October 20. Analysts forecast earnings of $0.20 per share for the quarter. During the same period last year the company earned $0.14, and the stock is up 64.0% on the year.
NFLX was recently trading at $530.79 down $44.58 from its 12-month high and $264.99 above its 12-month low. InvestorsObserver gives NFLX a 90 long-term technical score and a 88 short-term technical score. The stock has recent support above $462.44 and recent resistance below $563.6. Of the 30 analysts who cover the stock 16 rate it Strong Buy, 2 rate it Buy, 8 rate it Hold, 0 rate it Sell, and 4 rate it Strong Sell, NFLX gets an overall score of 74 from InvestorsObserver.
NFLX has shown annual earnings growth of 76.94% over the last five years, and looking ahead analysts expect the company to grow profits 35.52% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $0.20 EPS. NFLX is currently trading at $530.79 with an average price target of $541.45.