How Analysts Are Rating Netflix before Its 1Q17 Earnings

On April 10, 2017, Netflix (NFLX) stock was trading at $143.85, which was 0.8% below its 20-day moving average of $145.00, 0.6% above its 50-day moving average of $143.00, and 6.6% above its 100-day moving average of $135.00.

Netflix generated returns of 38.6% for the trailing 12-month period and 2.1% for the trailing one-month period. The company’s stock price has fallen 2.1% in the trailing five-day period.

Peers CBS (CBS), 21st Century Fox (FOXA), and Time Warner (TWX) generated returns of -0.9%, -2.8%, and 0.7%, respectively, in the trailing five-day period.

Of the 41 analysts covering Netflix (NFLX), 24 gave it a “buy” recommendation, two gave it a “sell” recommendation, and 15 gave it a “hold” recommendation.

Analysts’ target price for Netflix is $151.51, with a median target estimate of $160.00. The company is trading at a discount of 11.2% to its median target price.

Netflix makes up 0.20% of the SPDR S&P 500 ETF (SPY), which has 3.5% exposure to the computer sector.