Netflix (NFLX) Given Daily News Sentiment Rating of 0.20
Media stories about Netflix (NASDAQ:NFLX) have been trending somewhat positive on Saturday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Netflix earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the Internet television network an impact score of 42.5884573551791 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Netflix's Cash Burn Continues — and the Fire Rages (finance.yahoo.com)
- Five million people still watched Netflix’s mess of a “Cloverfield” sequel (finance.yahoo.com)
- Netflix’s Cash Burn Continues — and the Fire Rages (fool.com)
- Who’ll be the next to jump to Amazon or Netflix? (finance.yahoo.com)
- ‘Altered Carbon’ And ‘Cloverfield Paradox’ Draw Relatively Low Viewership For Netflix, Says Nielsen (finance.yahoo.com)
NFLX has been the subject of several recent analyst reports. Loop Capital reissued a “buy” rating and issued a $237.00 price objective on shares of Netflix in a report on Thursday, October 26th. B. Riley reissued a “neutral” rating on shares of Netflix in a report on Wednesday, November 1st. Zacks Investment Research downgraded Netflix from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Goldman Sachs Group set a $250.00 price objective on Netflix and gave the company a “buy” rating in a report on Tuesday, November 28th. Finally, Vetr raised Netflix from a “buy” rating to a “strong-buy” rating and set a $211.28 price objective for the company in a report on Wednesday, November 29th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating, thirty-four have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $239.39.
Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Monday, January 22nd. The Internet television network reported $0.41 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.41. Netflix had a return on equity of 17.20% and a net margin of 4.78%. The company had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter last year, the business earned $0.15 earnings per share. Netflix’s revenue was up 32.6% on a year-over-year basis. research analysts anticipate that Netflix will post 2.73 earnings per share for the current year.
In related news, CFO David B. Wells sold 1,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $193.30, for a total value of $193,300.00. Following the transaction, the chief financial officer now owns 1,000 shares in the company, valued at $193,300. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director A George Battle sold 10,716 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $258.49, for a total value of $2,769,978.84. Following the completion of the transaction, the director now owns 2,575 shares in the company, valued at approximately $665,611.75. The disclosure for this sale can be found here. Insiders sold 469,901 shares of company stock worth $107,797,603 in the last 90 days. 4.90% of the stock is owned by company insiders.
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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