Published: Sat, October 14, 2017
Finance | By Kristine Clayton

Bernstein: Netflix, Inc. (NFLX) Pricing Power Makes It A Must-Own

Bernstein: Netflix, Inc. (NFLX) Pricing Power Makes It A Must-Own

93 funds opened positions while 256 raised stakes. Bronfman E.L. Rothschild L.P. now owns 1,134 shares of the Internet television network's stock valued at $168,000 after buying an additional 9 shares during the period.

5,672 are held by Redmond Asset Limited Liability Corporation.

EPS Estimate for the next Quarter is 0.32. (NASDAQ:NFLX) for 25,495 shares. Guardian Life Insurance Co. of America increased its stake in shares of Netflix by 0.7% during the 1st quarter. Tower Rech Capital Llc (Trc) accumulated 6,993 shares or 0.12% of the stock. Financial Bank Of Montreal Can holds 0.06% or 403,556 shares in its portfolio.

Netflix, Inc., launched on August 29, 1997, is a provider an Internet television network. It also reduced Nvidia Corp (NASDAQ:NVDA) stake by 66,129 shares and now owns 253,291 shares. Institute For Wealth Management Limited Company has invested 0.34% in Netflix, Inc. Netflix, Inc. (NASDAQ:NFLX)'s EPS growth this year is 51.50% and the trailing 12-month EPS is $0.82. The stock rose 1.48% or $2.89 reaching $198.75 per share. Hbk Sorce Advisory Ltd Company invested in 0.22% or 9,069 shares. Finally, Kalos Management Inc. grew its holdings in Netflix by 0.7% during the 2nd quarter. (NASDAQ:NFLX) on Tuesday, August 4 with "Buy" rating. First Tru Advsrs Lp stated it has 0.75% of its portfolio in Netflix, Inc.

Since May 1, 2017, it had 0 insider buys, and 12 selling transactions for $30.52 million activity. KILGORE LESLIE J sold $175,560 worth of Netflix, Inc. (NASDAQ:NFLX) on Tuesday, October 18 with "Neutral" rating. "(NFLX) Stock in the Past" published on October 10, 2017, published: "Why I Love Netflix, Inc." on September 25, 2017. (NASDAQ:NFLX) was sold by BARTON RICHARD N.

The question on most investors' minds is whether the company's current performance is an indicator of its future growth potential.

October 12 investment analysts at Stifel Nicolaus maintained a company rating of "Buy" and raised the price expectation to $230.00 from $143.00.

Among 21 analysts covering Netflix Inc. Therefore 69% are positive. Cheap that is in terms of price, but what about value? On a consensus basis, analysts have given a recommendation of 2.20 on company shares. The firm has "Underperform" rating by Wedbush given on Tuesday, July 19. The firm has "Outperform" rating by FBR Capital given on Wednesday, January 20. Canaccord Genuity maintained Netflix, Inc. The rating was maintained by Raymond James with "Buy" on Friday, June 23. Jefferies upgraded Netflix, Inc. Formidable Asset Management LLC now owns 4,695 shares of the Internet television network's stock valued at $582,000 after buying an additional 36 shares during the period. Loop Capital increased their price objective on Netflix from $212.00 to $228.00 and gave the company a buy rating in a research report on Monday. The firm has "Buy" rating by Cantor Fitzgerald given on Saturday, September 5. Numis Securities has "Hold" rating and GBX 2750 target. (NASDAQ:NFLX) on Wednesday, April 12 with "Hold" rating. Fulton Bancorp Na invested in 3,274 shares or 0.04% of the stock. About 295 shares traded. Olympic Steel, Inc. (ZEUS) has declined 22.41% since October 13, 2016 and is downtrending. It has outperformed by 58.64% the S&P500.

Analysts await Olympic Steel, Inc.

Netflix Q3 2017 earnings are slated for release on Monday after closing bell. Analysts forecast EPS of $0.32, up exactly $0.20 or 166.67 % from 2014's $0.12 EPS. He expects Netflix to add 13.9 million subscribers in the second half of this year, vs. consensus of 10.8 million. In the last three months, insiders sold 318,067 shares of company stock valued at $57,315,706. The company's market cap is $84.49 Billion. The Firm operates through three divisions: Domestic streaming, global streaming and Domestic DVD. It has a 27.9 P/E ratio. There is growing competition in the online content streaming market as new entrants such as Roku Inc (NASDAQ:ROKU) and Walt Disney Co (NYSE:DIS) launch new streaming services.

More notable recent Netflix, Inc. "(NASDAQ:NFLX) Dominance Is Eroding Quickly" published on October 05, 2017, published: "Netflix is raising the price of its most popular United States plan by 10%" on October 05, 2017.

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