What's Happening with NFLX
Netflix Inc (NFLX) is scheduled to report Quarter 4 numbers after market close on January 19. Analysts forecast the company will earn $0.55 per share for the quarter. During the same period last year, the company earned $1.33 per share. The stock is down 25.91% on the year.
Technical Analysis
NFLX was recently trading at $332.82, down $205.55 from its 12-month high and $170.11 above its 12-month low. InvestorsObserver gives NFLX a 66 long-term technical score and a 46 short-term technical score. The stock has recent support above $293 and recent resistance below $353. Of the 33 analysts who cover the stock 16 rate it Strong Buy, 0 rate it Buy, 14 rate it Hold, 0 rate it Sell, and 3 rate it Strong Sell, NFLX gets an overall score of 45 from InvestorsObserver.
Analysts' Thoughts
NFLX has shown an annual earnings growth of 57.20% over the last five years, and, looking ahead, analysts expect the company's profits to rise 5.15% per annum over the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects earnings of $0.55 per share. NFLX is currently trading at $332.82 with an average price target of $303.00.