Shareholder returns and stock trends
According to its 3Q15 earnings report, which was released on October 14, 2015, Netflix (NFLX) generated returns of 95.64% during the trailing twelve months (TTM) and -2.87% in the trailing one-month period. The share price of the firm decreased by 12.04% in the trailing five-day period.
On October 15, 2015, the last trading price of Netflix was $101.09. The firm was trading 2.74%, 6.82% and 4.14% below its 20-day, 50-day, and 100-day moving averages of $103.94, $108.49, and $105.45, respectively.
MACD and RSI
A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. Netflix’s MACD (14-Day) was 0.92, which shows an upward trading trend because the figure is positive.
The 14-day RSI (relative strength index) for Netflix was 43, which shows that the company’s stock is neither overbought nor oversold. If a company’s RSI is above 70, it indicates its stock is overbought, while an RSI figure of below 30 suggests that its stock has been oversold.
Out of the 46 analysts covering Netflix stock, 23 have issued “buy” recommendations, six have issued “sell” recommendations, and 17 have issued “hold” recommendations. The analyst stock price target for the firm is $121.25 with a median target estimate of $125. Netflix is thus trading at a discount of 19.13% with respect to its median target—an apparently attractive buy at current levels.