Closing Figures Unveiled: Netflix Inc (NFLX) Drop -0.51, Closes at 886.73

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Netflix Inc (NASDAQ: NFLX) closed the day trading at $886.73 down -0.51% from the previous closing price of $891.32. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 2.31 million shares were traded. NFLX stock price reached its highest trading level at $898.57 during the session, while it also had its lowest trading level at $877.0.

Ratios:

For a better understanding of NFLX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 41.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.72.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 19, 2024, Reiterated its Buy rating but revised its target price to $1040 from $825 previously.

On December 16, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $825 to $1065.

Loop Capital Downgraded its Buy to Hold on December 16, 2024, whereas the target price for the stock was revised from $800 to $950.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when HASTINGS REED bought 35,868 shares for $888.08 per share.

HASTINGS REED sold 48,363 shares of NFLX for $43,362,185 on Dec 02 ’24. The Executive Chairman now owns 114 shares after completing the transaction at $896.60 per share. On Dec 02 ’24, another insider, HASTINGS REED, who serves as the Officer of the company, bought 48,363 shares for $896.60 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NFLX now has a Market Capitalization of 379039809536 and an Enterprise Value of 388324655104. As of this moment, Netflix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.18, and their Forward P/E ratio for the next fiscal year is 37.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.10 while its Price-to-Book (P/B) ratio in mrq is 16.68. Its current Enterprise Value per Revenue stands at 10.331 whereas that against EBITDA is 38.922.

Stock Price History:

Over the past 52 weeks, NFLX has reached a high of $941.75, while it has fallen to a 52-week low of $461.86. The 50-Day Moving Average of the stock is 3.66%, while the 200-Day Moving Average is calculated to be 26.06%.

Shares Statistics:

Over the past 3-months, NFLX traded about 3.23M shares per day on average, while over the past 10 days, NFLX traded about 2690160 shares per day. A total of 427.46M shares are outstanding, with a floating share count of 424.67M. Insiders hold about 0.65% of the company’s shares, while institutions hold 83.84% stake in the company. Shares short for NFLX as of 1734048000 were 7237161 with a Short Ratio of 2.24, compared to 1731628800 on 7670169. Therefore, it implies a Short% of Shares Outstanding of 7237161 and a Short% of Float of 1.71.

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