Company Update: Netflix Inc (NASDAQ:NFLX) – Covered Call Alerts For Netflix, First Solar, Canadian Solar, Relypsa and Google Released By InvestorsObserver

[PR Newswire] – CHICAGO, Dec. 29, 2015 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for NFLX, FSLR, CSIQ, RLYP and GOOGL. To see the high-return covered-call trades uncovered by InvestorsObserver’s … Read more on this. Netflix, Inc. (NFLX) , with a current value of $50.75B, opened at $118.19. Looking at the equity, the company’s one day range is $116.92 to $118.99 with a one year range of $45.26 to $133.27. NFLX shares are currently priced at 557.67x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 1.22x earnings multiple. In a review of the consensus earnings estimate this quarter, 34 sell-side analysts are looking at $0.02 per share, which would be $0.08 worse than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $0.21 is a $0.32 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.83 Billion. If realized, that would be a 23.65% increase over the year-ago quarter. More recently, Guggenheim Initiated NFLX at Buy (Aug 4, 2015). Previously, Rosenblatt upgraded NFLX from Neutral to Buy. The average price target for NFLX shares is $123.03, which is 4.10% above where the stock opened this morning. See more in (NASDAQ:NFLX) Similar Articles: Company Update: Netflix Inc (NASDAQ:NFLX) – Did You Experience The Netflix Outage? Company Update: Netflix Inc (NASDAQ:NFLX) – Netflix and Google are streaming into overdrive Market Update: Netflix Inc (NASDAQ:NFLX) – The streaming revolution is real, and Google and Netflix are capitalizing