How Does Netflix, Inc. (NFLX) Stack Up Right Now?

Netflix, Inc. (NFLX) is an interesting player in the Services space, with a focus on CATV Systems. The stock has been active on the tape, currently trading at $315.88, down from yesterday’s close by -1.69%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Netflix, Inc. (NFLX) currently trades with a market capitalization of $136.81 Billion. That value represents a market adjusting for revenues that have been growing by 32.62 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$1.96 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.64 on a per share basis this quarter. Perhaps, that suggests something about why 0.15% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Netflix, Inc. recorded a 52-week high of $333.98. It is now trading 18.1% off that level. The stock is trading $261.58 its 50-day moving average by -54.3%. The stock carved out a 52-week low down at $138.66.

In recent action, Netflix, Inc. (NFLX) has made a move of +22.46% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 4.95% with $426.08 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of NFLX.

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