$0.32 EPS Expected for Netflix, Inc. (NFLX)

October 8, 2017 - By Hazel Jackson

 $0.32 EPS Expected for Netflix, Inc. (NFLX)
Investors sentiment decreased to 1.22 in Q2 2017. Its down 0.11, from 1.33 in 2017Q1. It dived, as 64 investors sold Netflix, Inc. shares while 222 reduced holdings. 93 funds opened positions while 256 raised stakes. 344.96 million shares or 1.00% less from 348.44 million shares in 2017Q1 were reported.
Buckingham Asset Mgmt Limited Liability holds 2,574 shares or 0.09% of its portfolio. Patten & Patten Incorporated Tn holds 0.03% or 1,891 shares in its portfolio. Cwm Limited Com has invested 0.01% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). 814,592 were accumulated by Los Angeles Capital Mgmt And Equity Rech. Engineers Gate Manager Limited Partnership invested 0.34% in Netflix, Inc. (NASDAQ:NFLX). First Tru Advisors Limited Partnership has 0.75% invested in Netflix, Inc. (NASDAQ:NFLX). Proshare Advsrs owns 157,825 shares. Moreover, Ruggie Cap Group has 0.03% invested in Netflix, Inc. (NASDAQ:NFLX). Bridgeway Cap Management stated it has 0.12% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Citigroup reported 341,036 shares. 27,598 are held by Capstone Asset Management. Captrust Fincl Advisors has 932 shares for 0.01% of their portfolio. Fjarde Ap owns 0.3% invested in Netflix, Inc. (NASDAQ:NFLX) for 100,360 shares. Heritage holds 0.02% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 1,995 shares. Cullen Frost Bankers holds 0.5% or 100,352 shares in its portfolio.

Since April 6, 2017, it had 0 buys, and 12 sales for $30.52 million activity. KILGORE LESLIE J sold $174,636 worth of Netflix, Inc. (NASDAQ:NFLX) on Thursday, May 25. HUNT NEIL D had sold 25,000 shares worth $4.09 million on Thursday, June 1. Peters Gregory K sold $969,144 worth of Netflix, Inc. (NASDAQ:NFLX) on Monday, May 1. Shares for $16.00 million were sold by HASTINGS REED on Monday, May 22.

Wall Street await Netflix, Inc. (NASDAQ:NFLX) to release earnings on October, 16. Analysts forecast EPS of $0.32, up exactly $0.20 or 166.67 % from 2014’s $0.12 EPS. The expected NFLX’s profit could reach $138.17 million giving the stock 154.70 P/E in the case that $0.32 earnings per share is reported. After posting $0.15 EPS for the previous quarter, Netflix, Inc.’s analysts now forecast 113.33 % EPS growth. The stock increased 1.87% or $3.63 on October 6, reaching $198.02. About 15.35M shares traded or 137.25% up from the average. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since October 8, 2016 and is uptrending. It has outperformed by 58.64% the S&P500.

Netflix, Inc. (NASDAQ:NFLX) Ratings Coverage

Among 51 analysts covering Netflix (NASDAQ:NFLX), 36 have Buy rating, 2 Sell and 13 Hold. Therefore 71% are positive. Netflix has $230.0 highest and $45.0 lowest target. $168.38’s average target is -14.97% below currents $198.02 stock price. Netflix had 179 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Guggenheim on Tuesday, August 4. The firm earned “Neutral” rating on Tuesday, April 19 by Mizuho. Robert W. Baird maintained the shares of NFLX in report on Wednesday, October 4 with “Hold” rating. The firm has “Neutral” rating by Macquarie Research given on Tuesday, July 19. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Sell” rating by Axiom Capital on Monday, August 29. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Hold” rating by Moffett Nathanson on Monday, September 18. Credit Suisse maintained it with “Neutral” rating and $122 target in Tuesday, July 19 report. Oppenheimer maintained it with “Outperform” rating and $140 target in Wednesday, January 20 report. The company was maintained on Wednesday, August 9 by UBS. Vetr downgraded Netflix, Inc. (NASDAQ:NFLX) on Monday, August 17 to “Buy” rating.

Netflix, Inc. is a provider an Internet television network. The company has market cap of $85.50 billion. The Firm operates through three divisions: Domestic streaming, International streaming and Domestic DVD. It has a 242.59 P/E ratio. The Domestic streaming segment includes services that streams content to its members in the United States.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Fool.com which released: “Better Buy: Netflix, Inc. vs. Amazon” on September 21, 2017, also Investorplace.com with their article: “Friday’s Vital Data: MannKind Corporation (MNKD), Apple Inc. (AAPL) and …” published on October 06, 2017, Fool.com published: “Why I Love Netflix, Inc.” on September 25, 2017. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Investorplace.com and their article: “Can Netflix Inc. (NFLX) Compete Without Cloud Cover?” published on October 02, 2017 as well as Fool.com‘s news article titled: “Tech Stocks This Week: Netflix, Inc.’s Price Increase, Google’s Product Launch …” with publication date: October 07, 2017.

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