Netflix, Inc. (NASDAQ: NFLX) is reporting a strong growth in its monthly subscribers. The company has become a content giant. In the first quarter of 2018, Netflix added 7.4 million subscribers.
In June, stock was given an “Outperform” rating with a price target of $360 by RBC Capital Markets analyst Mark Mahaney. Mahaney also increased his five-year outlook for subscribers and earnings. The analyst said that in the next three year Netflix can cross price range of $450 to $750.
For this year NetFlix 's revenue will be around 16,1 billion USD. This is according to the average of the analysts' estimates. This is rather significant more than 2017's revenue of 11,69 billion USD.
The analysts expect for 2018 a net profit of 1,29 billion USD. Most of the analysts anticipate on a profit per share of 2,85 USD. Based on this the price/earnings-ratio is a very high 138,88.
Analysts don't expect the company to pay a dividend. The average dividend yield of the internet companies equals a poor 0,5 percent.
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