The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Netflix Inc. (NFLX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.54, or -0.16%, to $334.88. The Netflix Inc. has recorded 196,091 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Netflix Releases First-Quarter 2023 Financial Results.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
The company is listed on the NASDAQ and operates within the Entertainment industry segment. At the end of the last regular session, the stock closed at $335.42 and fluctuated between $337.10 as its day high and $329.51 as its day low. The current market capitalization of Netflix Inc. is $148.19B. A total of 4.27 million shares were traded on the day, compared to an average of 6.44M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, NFLX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 14 BUYs and 5 SELLs from insiders. Insiders purchased 93,784 shares during that period but sold 469,727.
In the most recent transaction, HASTINGS REED sold 26,278 shares of NFLX for 323.96 per share on May 01. After the transaction, the Executive Chairman now owns 0 company shares. In a previous transaction on Jan 31, Hoag Jay C sold 3,698 shares at 352.94 per share. NFLX shares that Director owns now total 0.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for NFLX in the last 3 months, the mean price target is $365.34 with high estimates of $440.00 and low estimates of $215.00. In terms of 52-week highs and lows, NFLX has a high of $379.43 and a low of $162.71.
As of this writing, NFLX has an earnings estimate of $2.82 per share for the current quarter. EPS was calculated based on a consensus of 31 estimates, with a high estimate of $2.93 per share and a lower estimate of $2.48. The company reported an EPS of $0.12 in the last quarter, which was -73.30% lower than expectations of $0.45.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NFLX’s latest balance sheet shows that the firm has $6.03B in Cash & Short Term Investments as of fiscal 2021. There were $15.39B in debt and $8.49B in liabilities at the time. Its Book Value Per Share was $49.03, while its Total Shareholder’s Equity was $15.85B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NFLX is Buy with a score of 3.88.