Netflix, Inc.s in-depth stock price analysis indicates that the stock price has rallied 25.7% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 48.41% . Looking at the past 52 week period, the stock price is up at 65.7% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Netflix, Inc. has a positive value of 21.1 compared to overall market. Netflix, Inc. (NASDAQ:NFLX) has climbed 3.26% in the past week and advanced 8.32% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.43% and the outperformance has advanced to 6.38% for the last 4 weeks period.
Netflix, Inc. (NASDAQ:NFLX) : On Friday heightened volatility was witnessed in Netflix, Inc. (NASDAQ:NFLX) which led to swings in the share price. The stock opened for trading at $144.68 and hit $145.2992 on the upside , eventually ending the session at $144.82, with a gain of 0.47% or 0.68 points. The heightened volatility saw the trading volume jump to 6,171,936 shares. The 52-week high of the share price is $145.2992 and the company has a market cap of $62,332 million. The 52-week low of the share price is at $82.911 .
Netflix Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.13. The company had revenue of $2477.50 million for the quarter, compared to analysts expectations of $2467.99 million. The companys revenue was up 35.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Jan 19, 2017 to Mkt Perform, Raises Price Target to $ 144 from a previous price target of $100 .Netflix was Upgraded by Macquarie to Neutral on Jan 19, 2017. Company shares were Reiterated by Wedbush on Jan 19, 2017 to Underperform, Raises Price Target to $ 68 from a previous price target of $60 .Company shares were Reiterated by Canaccord Genuity on Jan 19, 2017 to Buy, Raises Price Target to $ 160 from a previous price target of $140 .Company shares were Reiterated by Mizuho on Jan 19, 2017 to Buy, Raises Price Target to $ 160 from a previous price target of $152 .
Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Tawni Cranz (Chief Talent Officer) sold 2,170 shares at 144.23 per share price.On Feb 7, 2017, Neil D Hunt (Chief Product Officer) sold 10,000 shares at 140.00 per share price.On Jan 20, 2017, Gregory K Peters (Intl. Development Officer) sold 16,667 shares at 142.43 per share price.
Netflix is the worlds leading Internet television network with millions of subscribers in nearly 50 countries who have access to an ever-expanding library of TV shows and movies, including original programming, documentaries and feature films. The company offers the ability to watch as subscribers want, anytime, anywhere, on nearly any Internet-connected screen.