What's Happening with NFLX
Netflix Inc (NFLX) is scheduled to report Quarter 4 numbers after the market close on January 20. Analysts forecast earnings of $0.22 per share for the quarter. During the same period last year the company earned $0.24, and the stock is down -12.0% on the year.
NFLX was recently trading at $525.69 down $175.30 from its 12-month high and $47.15 above its 12-month low. InvestorsObserver gives NFLX a 65 long-term technical score and a 66 short-term technical score. The stock has recent support above $514.16 and recent resistance below $619.41. Of the 28 analysts who cover the stock 20 rate it Strong Buy, 1 rate it Buy, 5 rate it Hold, 0 rate it Sell, and 2 rate it Strong Sell, NFLX gets an overall score of 65 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 42.61% per annum the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects $0.22 EPS. NFLX is currently trading at $525.69 with an average price target of $665.00.