Jennison Associates Llc increased its stake in Netflix Inc (NFLX) by 14.19% based on its latest 2017Q2 regulatory filing with the SEC. The firm owned 17,342 shares of the Internet television network's stock after selling 993 shares during the quarter.
The P/E of Netflix, Inc.is now valued at 194.35 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes. It dropped, as 64 investors sold NFLX shares while 222 reduced holdings. Los Angeles Capital Management & Equity Research Inc. now owns 814,592 shares of the Internet television network's stock valued at $121,708,000 after acquiring an additional 811,007 shares during the last quarter. Alps Advisors Inc. purchased a new stake in shares of Netflix in the second quarter worth about $262,000. TD Capital Management LLC bought a new stake in shares of Netflix in the 2nd quarter worth about $105,000. Investors will be getting a good grip in comparing the current earnings of the company to estimated future earnings. Finally, Jefferies Group LLC reaffirmed a hold rating and issued a $141.00 price objective on shares of Netflix in a research report on Wednesday, June 28th. Bank of America Corporation increased their price target on shares of Netflix from $199.00 to $225.00 in a report on Tuesday, October 17th. BMO Capital Markets reissued a market perform rating and issued a $180.00 target price (up previously from $150.00) on shares of Netflix in a research note on Tuesday, July 18th. (TMO) analysts on average have given a price target of $213.84 on TMO stock. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating and thirty-three have given a buy rating to the company's stock. Netflix now has a consensus rating of "Buy" and an average target price of $207.20.
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Prominent Runners: The Goldman Sachs Group, Inc. (GS), Baidu, Inc. (BIDU)
The investment management company reported $5.02 EPS for the quarter, topping analysts' consensus estimates of $4.17 by $0.85. The stock has a market cap of $90,584.94, a P/E ratio of 12.51, a price-to-earnings-growth ratio of 1.22 and a beta of 1.48.
The company P/E (price to earnings) ratio is 197.45 and Forward P/E ratio is 86.43. The company P/S (price to Sales) ratio is 7.83, P/B (price to Book) ratio is 25.34, while its P/C (price to Cash) ratio stands at 48.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The shares were sold at an average price of $203.35, for a total value of $735,516.95. During the same quarter in the previous year, the company posted $0.12 earnings per share. The disclosure for this sale can be found here. NFLX has diverse figures for different time frames; starting from week's performance plunged -2.52% in last five regular trading sessions. Insiders have sold 342,372 shares of company stock worth $63,255,427 over the last ninety days. (NASDAQ:NFLX). Fmr Lc has 0.44% invested in Netflix, Inc. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since November 14, 2016 and is uptrending. About 2 shares traded.
The highest price NFLX stock touched in the last 12 month was $204.38 and the lowest price it hit in the same period was $110.68. For the most recent quarter, quick ratio was 1.2, current ratio was 1.2, LT Debt/Equity ratio was 1.47 and Total Debt/Equity ratio stands at 1.47, while Payout ratio is 0. The firm has a market cap of $83,093.03, a PE ratio of 193.96, a P/E/G ratio of 5.64 and a beta of 1.39.
Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Monday, October 16th.
STMicroelectronics (EPA:STM) Given a €15.00 Price Target at UBS AG
Advisor Group Inc. acquired a new position in STMicroelectronics NV during the second quarter valued at approximately $577,000. Equities analysts anticipate that STMicroelectronics NV will post $0.26 earnings per share for the current fiscal year.
For the current quarter, 34 analysts are projecting a mean EPS of $0.42/share.
Netflix, Inc. (NFLX) has a Return on Assets of 2.9 percent, Return on Investment of 5 percent and a Return on Equity of 14.6 percent. The firm had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.97 billion.
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