Tue. Jul 27th, 2021
Netflix earnings

Netflix, Inc. (NASDAQ:NFLX) is expected to post a spike in second-quarter revenue when it reports quarterly results on Tuesday. Slower production of TV shows and movies during the pandemic in the quarter could have hurt the world’s largest streaming service’s subscriber growth. Analysts however see continued upside to the stock.

For the next year, sell-side analysts are expecting EPS growth of 22.87% for Netflix, Inc. (NASDAQ:NFLX). Analysts are expecting an EPS change of 52.90% for the current year. Tracking company EPS may help to evaulate company stock value. Wall Street analysts polled by Thomson Reuters have a current recommendation of 2.00 on a consensus basis for the stock. On a number scale from 1 to 5, a 5 would represent a Strong Sell recommendation. A 1 rating would signify a Strong Buy. The same analysts see shares reaching $613.68 within the next year on a consensus basis.

RECENT PERFORMANCE

Let’s take a look at how the stock has been performing recently. Over the past twelve months, Netflix, Inc. (NASDAQ:NFLX)’s stock was -1.93%. Over the last week of the month, it was -1.06%, -2.97% over the last quarter, and 5.88% for the past six months.

Over the past 50 days, Netflix, Inc. stock’s -5.41% off of the high and 10.21% removed from the low. Their 52-Week High and Low are noted here. -11.11% (High), 15.00%, (Low).

FUNDAMENTAL ANALYSIS

Earnings Per Share (EPS) is the earnings made by a company divided by their number of shares. EPS enables the earnings of a company to easily be compared to their competitors. The higher the number, the more profit per dollar is being made on investor capital. Netflix, Inc.’s EPS for the trailing 12 months is 8.07. Their EPS should be compared to other companies in the Communication Services sector.

Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this.

Netflix, Inc. (NASDAQ:NFLX)’s RSI (Relative Strength Index) is 51.84. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

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