Netflix Inc (NFLX)

NFLX (NASDAQ:Media) EQUITY
$87.73
pos +2.40
+2.80%
Today's Range: 86.41 - 88.88 | NFLX Avg Daily Volume: 12,971,900
Last Update: 06/28/16 - 11:25 AM EDT
Volume: 5,677,908
YTD Performance: -25.40%
Open: $87.41
Previous Close: $85.33
52 Week Range: $79.95 - $133.27
Oustanding Shares: 428,289,216
Market Cap: 37,877,898,263
6-Month Chart
TheStreet Ratings Grade for NFLX
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 14 13 13 11
Moderate Buy 3 3 3 4
Hold 8 8 9 9
Moderate Sell 0 0 0 0
Strong Sell 3 3 3 2
Mean Rec. 2.11 2.15 2.18 2.15
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 304.97
Price Earnings Comparisons:
NFLX Sector Avg. S&P 500
304.97 305.50 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-13.25% -8.33% 177.86%
GROWTH 12 Mo 3 Yr CAGR
Revenue 23.20 0.90 0.23
Net Income -54.00 6.20 0.91
EPS -54.50 6.20 0.92
Earnings for NFLX:
EBITDA 3.85B
Revenue 6.78B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $0.02 $0.08 $0.29 $1.15
Number of Analysts 14 13 16 15
High Estimate $0.03 $0.12 $0.46 $1.72
Low Estimate $0.02 $0.01 $0.11 $0.30
Prior Year $0.06 $0.07 $0.31 $0.29
Growth Rate (Year over Year) -64.29% 13.19% -6.65% 298.10%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
But above all, know your time frame.

Toothless TFANGs? Real Money Pro($)

It's always a warning sign when the market's leadership falters, but that's precisely what's happening to the TFANGs.
No one is ready for it and everyone's stuck in it.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. Crude oil climbed to $49.20, up $1.23. Gold slipped by three dollars to $1,291. Agricultural commodities got schmeissed: wheat -7, corn -17, soybean -12 and oats unchanged. Lumber +2. Bonds were hit as the flight to safety dissipated. The yield on the 10-year note rose by five basis points to 1.666% (yikes!) and the long bond increased by an equivalent amount to a 2.47% yield. The 2s/10s spread steepened a bit to 93 basis points. Municipals sold off and so did closed-end muni bond funds. High yield was stronger. Bank stocks prospered, but were well off their early-morning highs. As I mentioned, C is trading under $43 a share after trading over $44. Bank of America (BAC) and JPMorgan Chase (JPM) gains "twittered" away. Insurance stocks rallied, but like banks, were lower than the a.m. levels. Brokerages were better, but they, too, were well off their highs. Retail showed small gains. FL, my short, was up $1 earlier in the day but closed just seven cents higher than Friday's close. Nordstrom (JWN) was up only two bits after some horrible underperformance. Biotech rallied after recent weakness, with iShares Nasdaq Biotechnology ETF (IBB) up $2.30. Energy stocks were higher, but only modestly so -- a continuing theme of the day. Old tech was mixed, with IBM (IBM) $1.60 higher leading the upside. (T)FANG was strong, led by Alphabet (GOOGL), Tesla (TSLA) and Amazon (AMZN). NFLX was lower on the NYT article I mentioned. Agricultural equipment traded higher despite CAT's 42nd consecutive month of lower dealer retail sales. Media was mixed. In individual stocks, Oaktree Capital Group (OAK) and TWTR rose. So did long fav DuPont (DD), but all were only marginally higher after better gains earlier. Apple (AAPL) was a clear underperformer, flat on the day. In sectors, Consumer Staples Select Sector SPDR ETF (XLP) and Material Select Sector SPDR ETF (XLB) were a tad higher. Here is some value-added commentary on the site: Jim "El Capitan" Cramer on a new oil-inspired dynamic in the marketplace.  Jeremy LaKosh on changing inflation expectations. I will be addressing this subject during the week. "Meet" Brett Jensen And "His Son Elroy" on three biotech opportunities.  Rev Shark wants to exit the Brexit chatter .  Sham "The" Gad "And the Pharoahs" on spin-off opportunities. Wooly bully!

Recommended Reading Real Money Pro($)

The New York Times' Joe Nocera wrote a good cover story for this weekend's New York Times Magazine entitled Can Netflix Survive in the World It Created?
Justice Department reportedly drops investigation into former Countrywide CEO, and it's a big weekend for entertainment -- either at the movies or on streaming TV.
To give up on names such as Facebook, Alphabet and Apple is a mistake here, provided you are willing to take a longer-term view.
Netflix will benefit from the net neutrality ruling, but its fundamental business model is still under review. 

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened today against the euro. Crude oil was down 50 cents to $48.40. Gold was up a beaner to $1,288. Agricultural commodities were mixed: wheat -4.50, corn +6.50, soybean flat, and oats +1. Lumber -5.25. Bonds were flat after a sharp rise in the early going. The 10-year yield and long-bond yield are unchanged. The 2s/10s spread is flat at about 92 basis points. Municipals were higher in price and closed-end muni funds continued to glow. High yield (I am watching closely, see above) was down. Blackstone/GSO Strategic Credit Fund (BGB) might be breaking down; it was down 12 cents on the day to $14.55. If I held, I would sell. Banks are worrisome as I wrote, with losses of 2% to 3% for the money centers. I remain short Financial Select Sector SPDR ETF (XLF), which is working; it was down 34 cents, or nearly 1.5% lower. There were so many bank bulls on the recent rise; they have now disappeared and have been silenced. Again, stay independent in thought and mostly throw out the price followers who are trying to sell you something! Insurance was broadly lower. Life stocks Lincoln National (LNC) and MetLife (MET) schmeissed,  but my long Hartford Financial Services Group (HIG) is still outperforming the market and its peer group. I am watching this one closely. Brokerages were awful and rolling over. Retail was weak. My short Nordstrom (JWN) was down by $1; it's my only position in the space. Home Depot (HD) was off $2.50 and conspicuously on the downside. Autos are unsound and running out of gas as previously mentioned. Energy shares were lower, but not materially. iShares Nasdaq Biotechnology ETF (IBB) was down nearly $2. There was no large individual security drops, but a broad-based decline. I have been out of the sector for almost two weeks now. Media was better, led by my short Disney (DIS), up 80-plus cents. Comcast (CMCSA) was up a quarter. Staples were stronger, hurting my Consumer Staples Select Sector SPDR ETF (XLP) short, though it is small in size. Ag equipment was down fractionally. (T)FANG was mixed. Tesla (TSLA) saw profit taking. Netflix (NFLX) reversed from a good gain to a small profit. In individual stocks, my long fav DuPont (DD) suffering from profit taking; I am eyeing the low $60s to replace what I recently sold off. I'm still medium in size, though. Oaktree Capital Group (OAK) continued to slide a bit today, but iShares China Large-Cap (FXI) was up a few pennies. I would short any strength. Sector exposure: XLP up, Materials Select Sector SPDR ETF (XLB) down (more!). Here are some value-added columns on our site today: Jim "El Capitan" Cramer on inspiration from Jay Leno.  Tim Melvin on funds with attractive yields.   Bobby Lang on volatility. (I will have more on the subject tomorrow.)  Jim Collins, Tim's illegitimate son, on the whacky bond market.  Roger Arnold on "The Paradox of Thrift" -- a frequent topic of mine.

Columnist Conversations

We noted yesterday a severe oversold reading in the MC oscillators at -165 and -172, enough to stretch the rub...
we'll add back some spy puts BOUGHT SPY JUL 203 PUT AT 3.58
Nice to see an overdue bounce back rally happening in the early going of trading. Equities up more than 1% ac...
As of 10:09 PM all major indices appear on track for about a 0.6% rise tomorrow morning. Let's see it the mood...

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