Netflix, Inc. (NASDAQ:NFLX) most recently reported quarterly actual earnings per share of $0.09 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.02. The difference between the estimate and the actual EPS was $0.07 creating a surprise factor of 350%. Currently, the company has an impact score of 76. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.094. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $105.862 on the shares. The most bullish brokerage firm has a $139 target, while the most bearish sees the stock headed towards $50. This is according to the 29 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.27. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 29 recommendations taking into account in order to arrive at this number. Of the 29, 14 have a Strong Buy rating and 3 are rating it a Buy.
Netflix, Inc. is an Internet television network with more than 33 million members in over 40 countries. In the United States, the Company’s subscribers can receive standard definition digital versatile disc (DVDs), and their high definition successor, Blu-ray discs (collectively DVD), delivered quickly to their homes. The Company operates in three segments: Domestic streaming, International streaming and Domestic DVD. Domestic and International streaming segments derive revenues from monthly subscription services consisting solely of streaming content. The Domestic DVD segment derives revenues from monthly subscription services consisting solely of DVD-by-mail.
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