Earnings & Estimates Summary - NETFLIX INC (NFLX)
Netflix, Inc. to Report Q2, 2013 on Jul 22, 2013
Netflix's (NFLX) Q2 results are due out
after the bell, with analysts expecting that EPS jumped to $0.40 from $0.11 a
year ago, while revenue climbed 20.6% to $1.07B. However, with a P/E multiple of
over 600 times and shares trading at over 100 times trailing 12 months EBITDA,
"Netflix is expensive," says SA author Michael Blair. "Book
value of about $15 a share provides not much in the way of tangible asset value
to support the share price." While bulls are "betting big time" on dramatic and
extended growth, insiders have been selling. Blair expects a significant
post-earnings move, probably down.
Netflix, Inc. (NFLX) is closed over $264 on Friday. Netflix Inc (NFLX) will have resistance located at $270 followed by $303 which is al time high high.Netflix Inc (NFLX) is a buy below $200 all depend how the earning on Monday.Netflix Inc (NFLX) will have support area $250 for short term.
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