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NFLX - Netflix

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Mar 31, 2016.

  1. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

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    Netflix (NFLX) is a global provider of streaming movies and TV series, has over 75 million subscribers as of 2016.[5] Netflix started as an American DVD-by-mail service in 1998, and began streaming in 2007. Netflix expanded with streaming to Canada in 2010 and now serves over 190 countries with streaming. Netflix's first widely advertised original series was House of Cards, which debuted in 2013, and Netflix now produces hundreds of hours of original programming around the world.

    The company was established in 1997 and is headquartered in Los Gatos, California.

    On February 25, 2007, Netflix delivered its billionth DVD. In April 2011, Netflix had over 23 million subscribers in the United States and over 26 million worldwide. By 2011, the total digital revenue for Netflix reached at least $1.5 billion. On October 23, 2012, however, Netflix reported an 88% decline in third-quarter profits. In January 2013, Netflix reported that it had added two million U.S. customers during the fourth quarter of 2012 with a total of 27.1 million U.S. streaming customers, and 29.4 million total streaming customers. In addition, revenue was up 8% to $945 million for the same period.

    As of mid-March 2013, Netflix had 33 million subscribers. That number increased to 36.3 million subscribers (29.2 million in the U.S.) in April 2013. As of September 2013, for that year's third quarter report, Netflix reported its total of global streaming subscribers at 40.4 million (31.2 million in the U.S.). By the fourth quarter of 2013, Netflix reported 33.1 million U.S. subscribers. By September 2014, Netflix had subscribers in over 40 countries, with intentions of expanding their services in unreached countries. As of October 2015, Netflix reported 69.17 million subscribers worldwide, including more than 43 million in the U.S. In January 2016, Netflix reported that it had 74 million subscribers, including 44 million in the U.S.
     
  2. StockJock-e

    StockJock-e Brew Master
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    Coming off the highs a bit today.

    AMZN announced their standalone streaming service, aimed at taking some market share from NFLX.

    I already have both, but 90% of my viewing time is on Netflix already.

    I feel Netflix already has a strong hold on this market segment, but going forward there could be a bit more competition for subscribers, which could be great news for us because we will get more Netflix originals! :D
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Agreed. Netflix has the much better content as of right now. If Amazon can't increase the content they provide, it won't hurt Netflix market share at all. Amazon instant video already comes with Amazon prime so I have it as well. There is very little worth watching on that site though, and even less if you ignore the stuff that is shared between Amazon instant video and Netflix.
     
  4. StockJock-e

    StockJock-e Brew Master
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    OMG dont look now!

    NFLX -15% after hours!

    Missed on revenue. Beat on EPS.
     
  5. StockJock-e

    StockJock-e Brew Master
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    Netflix Seen Posting Worst Earnings In Over 3 Years

    With Netflix (NFLX) investing heavily in its global expansion, Wall Street is expecting the Internet TV service to report its lowest earnings per share in over three years when it posts first-quarter results after the close Monday.

    Analysts polled by Thomson Reuters expect Netflix to earn 3 cents a share in Q1, down 40% from the year-earlier quarter. That would be the company’s lowest EPS total since the fourth quarter of 2012, when it reported 2 cents in earnings per share.

    Netflix sales are seen rising 25% to $1.965 billion in the March quarter when it completed its international expansion, excluding China.

    Analysts don’t see EPS growth returning at Netflix until the fourth quarter.

    For the next several quarters, the focus of investors will be on subscriber growth and whether Netflix can continue to add new customers at a quick pace.

    In the December quarter, Netflix added 5.59 million new streaming subscribers, bringing its total to 74.76 million subscribers worldwide. Netflix added 1.56 million U.S. streaming subscribers and 4.04 million international subscribers in Q4.
     
    T0rm3nted likes this.
  6. T0rm3nted

    T0rm3nted Moderator
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    NFLX Only down 10% now in after hours making it's way back up
     
  7. StockJock-e

    StockJock-e Brew Master
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    Was it just an overreaction?
     
  8. T0rm3nted

    T0rm3nted Moderator
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    Looks like it could be, still headed up down <9% now. We'll get the real answer at open tomorrow!
     
  9. StockJock-e

    StockJock-e Brew Master
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    Well, enough people liked it at $95 to jump in and be happy!
     
  10. T0rm3nted

    T0rm3nted Moderator
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    I'll get in at $90 if it opens there somehow tomorrow
     
  11. StockJock-e

    StockJock-e Brew Master
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    Im thinking we just saw the lows for now!
     
  12. fidelgeorge

    fidelgeorge Well-Known Member

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    HM data shows institutional investors have 82% ownership & hedge funds tracked by HM only held 14.71%, not as crowded among hedgies.
     
  13. T0rm3nted

    T0rm3nted Moderator
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    Down 9% today versus the 15% in after hours yesterday. May be a good entry point if you think it will correct itself back to pre-close prices of yesterday.
     
    JerryM likes this.
  14. StockJock-e

    StockJock-e Brew Master
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    Looks like that bounce did not hold, back to $95?
     
    JerryM likes this.
  15. StockJock-e

    StockJock-e Brew Master
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    50% retracement here

    [​IMG]
     
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  16. StockJock-e

    StockJock-e Brew Master
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    Selling pressure continues!
     
  17. JerryM

    JerryM Well-Known Member

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    This is a great example of how an OK earnings report can still gap down due to bad forward guidance on the conference call. Discussion of some subscriber loss and analyst's jumped all over it. Starting to downgrade target price in the future etc. This is still a good one to let the gap down play itself out a little and let the bad news settle in. I'll be watching this one for a swing trade opportunity at the next overall pullback of the S&P
     
    T0rm3nted likes this.
  18. fidelgeorge

    fidelgeorge Well-Known Member

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    I can see $NFLX falling to mid/low 80s again before it picks back up. If so I'll be going long around the mid 80s.
     
  19. fidelgeorge

    fidelgeorge Well-Known Member

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    Is $NFLX becoming the 2016 short play of the year??? That would not be cool at all and just plain loaded with risk! Will the bacon sizzle?
     
  20. blypelako

    blypelako Active Member

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    It might, actually. Ever since it went global they seem to have hard time stabding their ground and working towards the goal they have in mind.
     

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