Netflix, Inc.

[ntrader 10]

Netflix, Inc. provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.

 

The stock closed yesterday’s trading session at $244.96. In the past year, the stock has hit a 52-week low of $52.81 and 52-week high of $270.31. Technical indicators for the stock are bullish for the short term but the company’s fundamental ratios are not promising.

 

Netflix earned $29.5 million, or 49 cents per share, in the quarter, up from $6.2 million, or 11 cents per share, a year earlier, revenue climbed 20 percent from last year to $1.07 billion

Netflix picked up 630,000 U.S. subscribers during the three months ending in June. That performance was slightly above the mid-range target set by Netflix Inc.'s management in April. Netflix has added 2.7 million subscribers so far this year, up from 2.5 million at the same time last year. The second-quarter gains leave Netflix with 29.8 million U.S. subscribers to an $8 monthly service that streams video to Internet-connected devices.

Netflix also added 605,000 international subscribers in the second quarter to boost its total customers outside the U.S to 7.75 million. Netflix's DVD-by-mail rental service continued a gradual demise as more people embrace the convenience of Internet streaming instead of waiting for discs to be delivered. Netflix lost another 475,000 DVD subscribers in the second quarter, leaving the company with 7.5 million on that side of its service.

NFLX PE stands at 305.28 below the industry average of 308.66 and well above the S&P 500 average of 16.70. The stock is currently trading at its intrinsic value of $244.23 this suggests that the stock is fairly valued at these levels. NFLX's current Price/Sales of 3.66 is above the average of its industry, of 0.58. The beta of 1.5 implies higher volatility of the stock with respect to the S&P 500. NFLX pays no dividend.

[ntrader 10]

Comedian Aziz Ansari has decided to release his newest stand-up special straight to Netflix rather than having it premiere in another format before appearing on the popular video streaming platform.

[Ammeo 10]

$400 should be the next target in 2014...its a way much too stronger stock...

Dont think its gonna fall too soon..

[Ammeo 10]

Im still sticking with my $400 target to be achieved in the next 5 months,...Netflix is probably the strongest stock we have in the market atm...