Barclays reissued their buy rating on shares of Netflix (NASDAQ:NFLX) in a research report report published on Thursday morning, TipRanks reports.

Several other brokerages also recently commented on NFLX. BidaskClub raised Netflix from a sell rating to a hold rating in a research report on Wednesday, April 24th. ValuEngine raised Netflix from a hold rating to a buy rating in a research report on Tuesday, April 23rd. Imperial Capital cut their price objective on Netflix from $463.00 to $458.00 and set an outperform rating on the stock in a research report on Friday, April 26th. Credit Suisse Group reaffirmed a buy rating and issued a $440.00 price objective on shares of Netflix in a research report on Wednesday, April 3rd. Finally, UBS Group assumed coverage on Netflix in a research report on Tuesday, April 2nd. They issued a neutral rating and a $350.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of $385.03.

NASDAQ NFLX opened at $354.45 on Thursday. The company has a market cap of $154.97 billion, a PE ratio of 132.26, a P/E/G ratio of 3.53 and a beta of 1.33. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.61 and a current ratio of 0.61. Netflix has a fifty-two week low of $231.23 and a fifty-two week high of $423.21.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, April 16th. The Internet television network reported $0.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.19. The company had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.50 billion. Netflix had a return on equity of 24.75% and a net margin of 7.61%. Netflix’s quarterly revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.64 EPS. On average, equities analysts expect that Netflix will post 3.35 earnings per share for the current year.

In other Netflix news, CEO Reed Hastings sold 54,418 shares of the company’s stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $362.00, for a total value of $19,699,316.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anne M. Sweeney sold 1,649 shares of the company’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $370.00, for a total value of $610,130.00. Following the sale, the director now owns 609 shares of the company’s stock, valued at $225,330. The disclosure for this sale can be found here. Insiders sold a total of 165,491 shares of company stock valued at $60,694,221 over the last quarter. Company insiders own 4.29% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc increased its position in Netflix by 0.8% during the 3rd quarter. Vanguard Group Inc now owns 30,143,430 shares of the Internet television network’s stock valued at $11,277,562,000 after buying an additional 249,147 shares in the last quarter. FMR LLC increased its position in Netflix by 2.4% during the 1st quarter. FMR LLC now owns 26,167,019 shares of the Internet television network’s stock valued at $9,330,112,000 after buying an additional 605,419 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in Netflix by 17,848.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 23,931,481 shares of the Internet television network’s stock valued at $89,000 after buying an additional 23,798,143 shares in the last quarter. Jennison Associates LLC increased its position in Netflix by 9.0% during the 4th quarter. Jennison Associates LLC now owns 9,598,888 shares of the Internet television network’s stock valued at $2,569,238,000 after buying an additional 792,338 shares in the last quarter. Finally, Baillie Gifford & Co. increased its position in Netflix by 1.8% during the 4th quarter. Baillie Gifford & Co. now owns 7,629,879 shares of the Internet television network’s stock valued at $2,042,214,000 after buying an additional 136,096 shares in the last quarter. Hedge funds and other institutional investors own 76.08% of the company’s stock.

Netflix Company Profile

Netflix, Inc provides Internet entertainment services. The company operates in three segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices.

Read More: Price to Earnings Ratio (PE), For Valuing Stocks

Analyst Recommendations for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.