The shares of Netflix, Inc. (NASDAQ:NFLX) has been pegged with a rating of Outperform by Imperial Capital in its latest research note that was published on January 22nd, 2019. The research company has also assigned a $463 price target. Imperial Capital wasn’t the only research firm that published a report of Netflix, Inc., with other equities research analysts also giving their opinion on the stock. UBS advised investors in its research note published on January 18th, 2019, to Buy the NFLX stock while also putting a $420 price target. The stock had earned Buy rating from Stifel when it published its report on January 18th, 2019. That day the Stifel set price target on the stock to $400. The stock was given Outperform rating by RBC Capital Mkts in its report released on January 18th, 2019, the day when the price target on the stock was placed at $480. Raymond James was of a view that NFLX is Strong Buy in its latest report on January 18th, 2019 while giving it a price target of $470. Pivotal Research Group thinks that NFLX is worth Buy rating. This was contained in the firm’s report on January 18th, 2019 in which the stock’s price target was also moved to $500.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 13 believe it has the potential for further growth, thus rating it as Hold while 13 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $393.69. The price of the stock the last time has raised by 52.31% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 63.37.
The shares of the company dipped by -1.02% during the trading session on Wednesday, reaching a low of $347.19 while ending the day at $352.19. During the trading session, a total of 6.68 million shares were traded which represents a 48.19% incline from the average session volume which is 12.90M shares. NFLX had ended its last session trading at 355.81. Netflix, Inc. currently has a market cap of $153.49B, while its P/E ratio stands at 135.46, while its P/E earnings growth sits at 9.72, with a beta of 1.32. Netflix, Inc. debt-to-equity ratio currently stands at 1.66, while its quick ratio hovers at 1.40. NFLX 52-week low price stands at $231.23 while its 52-week high price is $423.21.
The company in its last quarterly report recorded $0.89 earnings per share which is above the $0.68 predicted by most analysts. The Netflix, Inc. generated $3,999.37 million in revenue during the last quarter, which is slightly higher than the $3,996.99 million predicted by analysts. In the second quarter last year, the firm recorded $0.85 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 4.49%. Netflix, Inc. has the potential to record 2.60 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BMO Capital Markets published a research note on February 1st, 2019 where it informed investors and clients that Amazon.com, Inc. (NASDAQ:AMZN) is now rated as Outperform. Their price target on the stock stands at $2250. UBS also rated AMZN as Reiterated on January 18th, 2019, with its price target of $420 suggesting that AMZN could surge by 23.34% from its current share price. Even though the stock has been trading at $1658.81/share, analysts expect it to surge higher by -1.12% to reach $2139.52/share. It started the day trading at $1672.26 and traded between $1633.34 and $1640.26 throughout the trading session.
A look at its technical shows that AMZN’s 50-day SMA is 1,606.70 while its 200-day SMA stands at 1,720.46. The stock has a high of $2050.50 for the year while the low is $1265.93. The company’s P/E ratio currently sits at 100.96, while the P/B ratio is 20.46. The company’s average trading volume currently stands at 7.02M shares, which means that the short-interest ratio is just 0.78 days. Over the past seven days, the company moved, with its shift of -1.81%. Looking further, the stock has dropped -1.52% over the past 90 days while it lost -11.23% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more AMZN shares, increasing its portfolio by +1.80% during the last quarter. This move now sees The Vanguard Group Inc purchasing 512,297 shares in the last quarter, thus it now holds 28,976,932 shares of AMZN, with a total valuation of $43,522,482,556. Fidelity Management Research Co meanwhile bought more AMZN shares in the recently filed quarter, changing its stake to $25,541,351,311 worth of shares. BlackRock Fund Advisors followed the path by increasing its AMZN portfolio by +1.01% in the quarter. This means that BlackRock Fund Advisors bought 169,489 shares in the last quarter and now controls 16,962,296 shares of the AMZN stock, with the valuation hitting $25,476,859,723.
Similarly, T Rowe Price Associates Inc decreased its Amazon.com, Inc. shares by -2.83% during the recently filed quarter. After selling -451,744 shares in the last quarter, the firm now controls 15,538,539 shares of Amazon.com, Inc. which are valued at $23,338,419,422. In the same vein, Capital Research Management Co decreased its Amazon.com, Inc. shares by during the most recent reported quarter. The firm sold -795,005 shares during the quarter which decreased its stakes to 6,039,516 shares and is now valued at $9,071,171,847. Following these latest developments, around 16.20% of Amazon.com, Inc. stocks are owned by institutional investors and hedge funds.