Market Update: Netflix Inc (NASDAQ:NFLX) – Project Mc2 Is Full STEAM Ahead on Netflix this Summer with Two New Seasons

[PR Newswire] – This week, Netflix in conjunction with the White House Council on Women & Girls and the U.S. Dept. of Education is reminding all females how they can own their smarts and be super cool while doing it, just like McKeyla, Adrienne, Bryden and Camryn of Project Mc2. Netflix announced they will partner with a leading youth organization in the US to create interactive show screening experiences and online discovery kits encouraging young girls to unlock their STEAM (Science, Technology, Engineering, Arts, Mathematics) potential. Smart and successful leading women from the fields of entertainment, aeronautics and information technology will band together to bring Project Mc2 to its next level. Read more on this. Netflix, Inc. (NFLX) , with a current market cap of $44.75B, started the session at $105.30. During the trading session, NFLX traded between $104.25 to $106.44 with the price of the stock fluctuating between $61.18 to $133.27 over the last 52 weeks. NFLX shares are currently priced at 388.67x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.94x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 35 sell-side analysts are looking at $0.04 per share, which would be $0.01 worse than the year-ago quarter and a $0.02 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $0.27, which would be a $0.01 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.96 Billion. If realized, that would be a 24.84% increase over the year-ago quarter. In terms of ratings, Atlantic Equities upgraded NFLX from Neutral to Overweight (Apr 1, 2016). Previously, FBR Capital downgraded NFLX from Outperform to Mkt Perform. When considering if the stock is under or overvalued, the average price target is $123.37, which is 17.16% above where the stock opened this morning. See more in (NASDAQ:NFLX) Similar Articles: Company Update: Netflix Inc (NASDAQ:NFLX) – Netflix Didn’t Violate Net Neutrality Rules, Says FCC (NFLX, VZ) Stock Update: Netflix Inc (NASDAQ:NFLX) – Netflix Caps Video Streams on AT&T, Verizon Customers (NFLX, T) Market Update: Netflix Inc (NASDAQ:NFLX) – [$$] Smartphone Stars: Netflix, Facebook and Alphabet