Investors’ Patience Is Being Tested Right Now By Netflix Inc. (NASDAQ: NFLX)

After Hours

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 -$0.16, or -0.03%, to $492.00. The Netflix Inc. has recorded 193,974 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Netflix to Announce Fourth Quarter 2023 Financial Results.

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Stocks Info

Netflix Inc. is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Entertainment industry. At the end of the last regular session, the stock closed at $492.16 and fluctuated between $500.56 as its day high and $490.61 as its day low. The current market capitalization of Netflix Inc. is $215.41B. A total of 4.98 million shares were traded on the day, compared to an average of 4.84M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, NFLX has seen 7 BUY and 15 SELL insider trades, representing the acquisition of 97,877 and the disposition of 168,377 shares. Over the last 12 months, there were 94 BUYs and 101 SELLs from insiders. Insiders purchased 322,630 shares during that period but sold 506,825.

In the most recent transaction, HASTINGS REED sold 25,998 shares of NFLX for 470.51 per share on Jan 02. After the transaction, the Executive Chairman now owns 0 company shares. In a previous transaction on Dec 20, Peters Gregory K sold 7,230 shares at 500.00 per share. NFLX shares that Co-CEO owns now total 13,090.

Among the insiders who sold shares, MATHER ANN disposed of 2,712 shares on Dec 20 at a per-share price of $500.00. This resulted in the Director holding 0 shares of NFLX after the transaction. In another insider transaction, BARTON RICHARD N sold 2,482 shares at $500.00 per share on Dec 20. Company shares held by the Director now total 152.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for NFLX in the last 3 months, the mean price target is $483.42 with high estimates of $600.00 and low estimates of $335.00. In terms of 52-week highs and lows, NFLX has a high of $503.41 and a low of $285.33.

As of this writing, NFLX has an earnings estimate of $Tidal Trust II per share for the current quarter. EPS was calculated based on a consensus of Netflix, Inc. estimates, with a high estimate of $Omega Flex, Inc. per share and a lower estimate of $Tidal ETF Trust II YieldMax NFL.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. 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 $51.76, while its Total Shareholder’s Equity was $15.85B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.00.

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