The technical support around 466.93 USD emanating from daily closing prices could trigger a technical rebound for Netflix, Inc. shares. Investors should buy the stock at current prices near $ 466 in order to target the $ 530.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
The prospective high growth for the next fiscal years is among the main assets of the company
The group's high margin levels account for strong profits.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The group usually releases upbeat results with huge surprise rates.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 411.09 USD
The company's "enterprise value to sales" ratio is among the highest in the world.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 78.11 times its estimated earnings per share for the ongoing year.
The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.