Market Update: Netflix Inc (NASDAQ:NFLX) – [$$] If Netflix Sinks or Soars, This Trade Will Pay Off

[at Barrons.com] – Netflix’s pending earnings report may be more exciting than any show it airs in January. Netflix’s (NFLX) stock price increased more than 100% in 2015, and now investors are worried that Netflix’s growth may be slowing. Netflix is expected to release fourth-quarter earnings Jan. 19. Read more on this. Netflix, Inc. (NFLX) , with a current market cap of $49.03B, started trading this morning at $105.25. Looking at the stock, its one day range is $104.96 to $114.98 and has traded between $45.26 and $133.27 over the past year. NFLX shares are currently priced at 512.67x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 1.47x earnings multiple for the same period. Consensus earnings for the current quarter by the 34 sell-side analysts covering the stock is an estimate of $0.02 per share, which would be $0.08 worse than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $0.21 would be a $0.32 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.83 Billion. If realized, that would be a 23.65% increase over the year-ago quarter. In terms of ratings, Robert W. Baird downgraded NFLX from Outperform to Neutral (Jan 4, 2016). Previously, BMO Capital Markets Initiated NFLX at to Market Perform. When considering if the stock is under or overvalued, the average price target is $122.70, which is 16.58% above where the stock opened this morning. See more in (NASDAQ:NFLX) Similar Articles: Company Update: Netflix Inc (NASDAQ:NFLX) – Did You Experience The Netflix Outage? Company Update: Netflix Inc (NASDAQ:NFLX) – Netflix and Google are streaming into overdrive Market Update: Netflix Inc (NASDAQ:NFLX) – The streaming revolution is real, and Google and Netflix are capitalizing