Netflix (NASDAQ:NFLX) Issues Q1 Earnings Guidance

Netflix (NASDAQ:NFLX) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $5.58 for the period, compared to the consensus estimate of $5.97. The company issued revenue guidance of $10.416 billion, compared to the consensus revenue estimate of $10.49 billion. Netflix also updated its FY 2025 guidance to EPS.

Netflix Price Performance

NFLX traded up $11.58 during midday trading on Tuesday, reaching $869.68. 9,158,504 shares of the company’s stock were exchanged, compared to its average volume of 3,643,469. Netflix has a 1-year low of $479.90 and a 1-year high of $941.75. The stock has a market capitalization of $371.75 billion, a PE ratio of 49.22, a P/E/G ratio of 1.40 and a beta of 1.27. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 1.13. The business’s 50-day moving average price is $885.64 and its 200 day moving average price is $760.81.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.06. Netflix had a return on equity of 35.86% and a net margin of 20.70%. The firm had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $10,141,900 billion. During the same period in the previous year, the firm posted $2.11 EPS. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. As a group, equities analysts anticipate that Netflix will post 19.76 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the company. Guggenheim lifted their price objective on Netflix from $825.00 to $950.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. StockNews.com upgraded shares of Netflix from a “hold” rating to a “buy” rating in a report on Saturday, December 21st. Benchmark upped their price objective on shares of Netflix from $555.00 to $720.00 and gave the company a “sell” rating in a research note on Friday, January 3rd. TD Cowen raised their target price on shares of Netflix from $820.00 to $835.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Finally, Macquarie boosted their price target on Netflix from $795.00 to $965.00 and gave the company an “outperform” rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $845.06.

Insider Activity at Netflix

In related news, insider David A. Hyman sold 267 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $765.67, for a total transaction of $204,433.89. Following the sale, the insider now owns 31,610 shares in the company, valued at $24,202,828.70. This represents a 0.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Theodore A. Sarandos sold 1,278 shares of Netflix stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $767.05, for a total value of $980,289.90. Following the completion of the transaction, the chief executive officer now owns 2,556 shares of the company’s stock, valued at approximately $1,960,579.80. The trade was a 33.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 152,198 shares of company stock valued at $127,616,898 over the last three months. 1.76% of the stock is owned by insiders.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.