Netflix, Inc. : The technical rebound to run out of steam
Entry price | Target | Stop-loss | Potential |
---|
US$310.87 |
US$267.1 |
US$321 |
+14.08% |
---|
The anticipation of a bearish reversal for stocks in Netflix follows on a technical rebound that started several trading sessions ago as well as return to important technical resistance levels.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
● Historically, the company has been releasing figures that are above expectations.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Weaknesses● The group shows a rather high level of debt in proportion to its EBITDA.
● Based on current prices, the company has particularly high valuation levels.
● With an expected P/E ratio at 93.28 and 57.53 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
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