Netflix (NFLX) Receives News Impact Rating of 0.06
News stories about Netflix (NASDAQ:NFLX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Netflix earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news headlines about the Internet television network an impact score of 45.652749356926 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Premier League bubble bursts as UK TV rights sold for $6B (marketbeat.com)
- Netflix Stock Showing Strength Amid Market Turmoil (finance.yahoo.com)
- What is Behind Netflix Inc’s (NASDAQ:NFLX) Superior ROE? (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Netflix Inc. (finance.yahoo.com)
- 3 Things Bob Iger Wants You to Know About Disney's Future (finance.yahoo.com)
A number of research analysts have commented on the stock. B. Riley restated a “neutral” rating on shares of Netflix in a research note on Wednesday, November 1st. Vetr lowered shares of Netflix from a “buy” rating to a “hold” rating and set a $265.73 price objective on the stock. in a research note on Tuesday. Wedbush restated a “hold” rating and issued a $190.00 price objective (up from $180.00) on shares of Netflix in a research note on Wednesday, October 18th. Credit Suisse Group restated a “neutral” rating and issued a $266.00 price objective (up from $224.00) on shares of Netflix in a research note on Tuesday, January 23rd. Finally, William Blair restated an “outperform” rating on shares of Netflix in a research note on Tuesday, January 23rd. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, thirty-four have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $237.49.
Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, January 22nd. The Internet television network reported $0.41 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.41. The business had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.28 billion. Netflix had a net margin of 4.78% and a return on equity of 17.20%. The business’s revenue was up 32.6% on a year-over-year basis. During the same period last year, the business earned $0.15 EPS. analysts forecast that Netflix will post 2.69 earnings per share for the current year.
In other Netflix news, insider Jonathan Friedland sold 2,743 shares of the stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $205.59, for a total transaction of $563,933.37. Following the transaction, the insider now directly owns 1,147 shares in the company, valued at approximately $235,811.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Theodore A. Sarandos sold 163,747 shares of the stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $262.91, for a total transaction of $43,050,723.77. Following the transaction, the insider now owns 23,953 shares in the company, valued at $6,297,483.23. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 459,885 shares of company stock valued at $105,163,627. Company insiders own 4.90% of the company’s stock.
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Netflix Company Profile
Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.
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