Do Analysts See Any Upside to Netflix, Inc. (NASDAQ:NFLX) Shares?

Netflix, Inc. (NASDAQ:NFLX) currently has an Average Broker Rating of 1.8. The ABR rank within the industry stands at 102. This number is based on the 30 sell-side firms polled by Zacks.  

Each brokerage research report carries with it some form of recommendation. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Each of the 5 classifications has a value associated with it to help compute the ABR. 

As the name implies the ABR will show you the Average of Brokerage Recommendations on a given stock. The benefit is that you quickly get a snapshot of where Wall Street stands on a stock without having to read a mountain of research reports.

Broker recommendations are made by brokerage firms (for example, JP Morgan) and are not an outright recommendation to buy or sell a share, but instead give an indication of how the broker thinks the company will perform relative to its sector. Their recommendations are issued over a particular period of time. The recommendations provided in the Research Centre are shown on a 75 day rolling basis. Each brokerage firm has its own way of rating that may make it difficult to compare broker recommendations between the brokerage houses.

For example, at one brokerage “buy” may be the strongest recommendation, while at another “buy” could be second to a “strong buy” rating. The second-highest ratings also have a number of different other names: “accumulate”, “outperform”, “moderate buy” or “overweight”.

Analysts on a consensus basis are expecting that the stock will reach $189 within the year.

Individual investors often strive to create a solid strategy before trying to take on the market. Setting up realistic, attainable goals, may be a good place for the amateur to start. There are many different approaches that the investor can take when getting into the stock market. Some investors will try to follow strategies that have worked for others in the past. Sometimes this will work, and sometimes it will not. Markets and economic landscapes are constantly changing. A strategy that worked yesterday may not work again tomorrow. Investors who put in the time to do the necessary homework may find themselves much better off when the market decides to rear its ugly head at some point down the road.

Most recently Netflix, Inc. (NASDAQ:NFLX) posted quarterly earnings of $0.15 which compared to the sell-side estimates of 0.32. The stock’s 12-month trailing earnings per share stands at $0.82. Shares have moved $6.16 over the past month and more recently, $5.69 over the past week heading into the earnings announcement. There are 17 analyst projections that were taken into consideration from respected brokerage firms.

Research analysts are predicting that Netflix, Inc. (NASDAQ:NFLX) will report earnings of $0.32 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Netflix, Inc. (NASDAQ:NFLX) closed the last session at $194.95 and sees an average of 7080909.5 shares trade hands in each session. The 52-week low of the stock stands at $99.5 while the current level stands at 96.88% of the 52-week High-Low range. Looking further out we can see that the stock has moved 6.03% over the past 12 weeks and 57.47% year to date.

There are plenty of technical indicators that traders can choose to follow. With so many different signals to follow, traders may choose to focus on a small number of indicators to start. Many technical analysts will use a combination of different signals in order to help identify the best entry and exit points of a trade. Becoming a master at spotting trends and creating charts may seem impossible for the novice investor. Taking the time to fully understand the methods behind the indicators may help the trader with trying to sort everything out. Studying up on the theory behind some of the more popular indicators may help the trader understand exactly what they are doing when setting up their charts. 

20 analysts rate Netflix, Inc. a Buy or Strong Buy, which is 66.67% of all the analyst ratings.

Leave a Comment