NFLX - Netflix, Inc.
| Previous Close | 307.35 |
| Open | 307.35 |
| Bid | 308.00 x 900 |
| Ask | 308.19 x 800 |
| Day's Range | 306.50 - 309.76 |
| 52 Week Range | 231.23 - 385.99 |
| Volume | 686,186 |
| Avg. Volume | 8,155,342 |
| Market Cap | 135.306B |
| Beta (3Y Monthly) | 1.30 |
| PE Ratio (TTM) | 98.92 |
| EPS (TTM) | 3.12 |
| Earnings Date | Jan 15, 2020 - Jan 20, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 361.18 |
- MarketWatch
These are the 20 best-performing stocks of the past decade, and some of them will surprise you
DEEP DIVE As we approach the end of 2019, it’s time not only for year-end lists, but end-of-decade lists. U.S. stocks have had what can only be called an excellent decade. MarketWatch will feature a number of forward-looking articles building on the past decade’s action.
- Bloomberg
TV Industry Suffers Steepest Drop in Ad Sales Since Recession
(Bloomberg) -- Global TV advertising sales fell almost 4% in 2019, the steepest drop since the depths of the economic recession in 2009, in the latest sign that advertisers are following viewers to the internet.Declines in TV viewership have suppressed the medium’s advertising dollars, according to research firm Magna Global, which released the data as part of report on the global ad business. Viewership fell sharply in Europe, compounding the trend in the U.S., China and Australia.Traditional television has hemorrhaged viewers in recent years, as people trade cable and satellite packages for online services Netflix and YouTube. Cord cutting has been especially pronounced in the U.S., the world’s largest media market, and should continue to accelerate as media giants Walt Disney Co. and AT&T Inc. introduce their own streaming services.Even with the retreat from TV, overall ad revenue climbed for the 10th year in a row. The industry was buoyed by digital sales, which rose 15%.The TV business had previously eked out gains in advertising sales by charging higher prices. And it’s still seen as a useful medium when marketers need to reach a large, live audience. Technology companies excel at allowing advertisers to target individuals who have searched for a sweater on Google, liked a movie’s page on Facebook or looked for detergent on Amazon.Yet declines in viewership now outpace the rise in TV ad pricing. So-called linear TV viewership has been declining by 10% in the U.S., Australia and China for a few years, according to Vincent Letang, the author of the report. European TV channels suffered drops of 7% to 8% among viewers age 18 to 49, worse than the 5% decline last year.Worldwide Decline“Almost everywhere now, we have linear viewing declining double digits, or high single digits,” Letang said in an interview. He blamed the proliferation of streaming services, which took hold in Europe a few years later than in the U.S., as well as the slowing economies in the region.U.S. TV ad sales will return to growth in 2020 thanks to the summer Olympics and the presidential election, but that is a temporary boost.The TV industry isn’t the only one suffering. Technology companies Google and Facebook Inc. have siphoned advertising dollars away from print publications and radio in recent years. Online companies garnered more than half of global advertising sales in 2019 for the first time, accounting for $306 billion of the $595 billion spent globally.Radio advertising sales stabilized in 2019, while the out-of-home category -- namely, billboards -- was the only traditional media to actually grow. That’s due in part to technology companies, which use billboards to tout their services. Facebook, Apple, Amazon, Netflix and Google all rank among the 20 largest out-of-home advertisers.To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Alibaba Expands Content Offering With Manchester United Deal
Alibaba Group Holding (BABA) is leaving no stone unturned to fortify presence in the digital media industry and expand content offerings on Youku.
- Benzinga
Bulls And Bears Of The Week: Facebook, Intel, Netflix, Tesla And More
Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included e-commerce, electric vehicle and semiconductor leaders. Bearish calls included video streaming giant and biotech giants.
- MarketWatch
Economists say a recession is coming: How can 401(k) investors prepare?
According to a recent survey by the National Association for Business Economics, seven out of 10 economists expect a recession by the end of 2021. An economic downturn may tempt investors to put even less into retirement savings while waiting for a bull market to return. During the last recession, personal savings as a percentage of disposal income fell from 6.4% to 3.7% between December 2008 and January 2009.
- American City Business Journals
Netflix is not anti-theater, executive says
"Marriage Story" hit Netflix on Friday. But it's still playing in theaters. Netflix is not anti-theater, executive says while outlining streaming giant's cinematic ambitions
- GuruFocus.com
Greenlight Capital's 3rd-Quarter Update
Hedge fund invests in biotech and insurance, exits timeshare and achieves short gains Continue reading...
- GuruFocus.com
The Value Investor's Handbook: Value Traps
3 ways to tell if you have a value trap on your hands Continue reading...
- Zacks
Buy Apple (AAPL) Stock on Analyst Optimism Heading into 2020?
Apple (AAPL) closed up over 1.4% Thursday after a Citi analyst predicted the iPhone maker to outperform this upcoming holiday season.
- Reuters
'Irishman' draws 17 million U.S. viewers on Netflix, Nielsen estimates
Martin Scorsese's new gangster film "The Irishman" was watched by an estimated 17.1 million Americans in its first five days of release on Netflix, according to Nielsen data released on Friday. The Nielsen estimates were the first indications of audience interest in the movie, which cost some $160 million to make and is expected to be a major contender at the Oscars. Netflix has never won the coveted best picture Academy Award.
- Zacks
GTN vs. NFLX: Which Stock Should Value Investors Buy Now?
GTN vs. NFLX: Which Stock Is the Better Value Option?
- Simply Wall St.
The Netflix (NASDAQ:NFLX) Share Price Has Soared 534%, Delighting Many Shareholders
We think all investors should try to buy and hold high quality multi-year winners. And we've seen some truly amazing...
- Yahoo Finance
20 businesses that died in the 2010s
Yahoo Finance takes a look back at some of the biggest corporate busts of the last decade.
- TheStreet.com
Netflix Will Reportedly Spend $420M on Content In India Over the Next Year
As Netflix's domestic growth slows, investors are looking to international markets such as India for its next stage of growth.
- Yahoo Finance
These 10 stories will drive investing for the next decade
Peak globalization is one of 10 investing themes Bank of America-Merrill Lynch has highlighted for the next decade. Shifting demographics and automation are two other stories with investment implications.
- TechCrunch
Netflix earmarks $420M to fight Disney in India
Netflix continues to bet heavily on India, one of the world's largest entertainment markets, where it competes with more than three dozen rivals, including Disney. Reed Hastings, the chief executive of Netflix, said on Friday that the company is on track to spend 30 billion Indian rupees, or $420.5 million, on producing and licensing content in India this year and next. Another industry source said that no streaming service in India is spending anything close to that figure on just content.
- Reuters
UPDATE 1-France rejects U.S. proposal on international tax reform
France rejects a U.S. idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. The Paris-based Organisation for Economic Cooperation and Development is in the midst of the biggest rewrite of international tax rules since the 1920s, aimed at updating them globally for the digital era.
- Reuters
France says U.S. proposal on international tax reform unacceptable
France rejects a U.S. proposal this week that would let companies opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. U.S. Treasury Secretary Steven Mnuchin raised serious questions about OECD international tax reform proposals in a letter made public on Wednesday, jarring international officials by floating the idea of a "safe harbor regime". Le Maire said that would mean U.S. companies could opt in or out as they pleased, which he said would be unacceptable to France and other OECD countries.
- Barrons.com
ViacomCBS Stock Slips in Its First Day of Trading
(VIAC) stock got a lukewarm welcome on Wall Street. Former Viacom (ticker: VIAB) investors received 0.59625 units of CBS (CBS) stock for each of their shares, which then converted to VIAC. Former Viacom CEO Bob Bakish is chief executive of the new company, while Joe Ianniello, CBS’s former acting CEO, is responsible for all CBS-branded businesses as chairman and CEO of CBS.
- Yahoo Finance Video
‘The Irishman’ draws 17.1M unique viewers in U.S.: RPT
Nielsen data reveals Matin Scorsese's film ‘The Irishman’ raked in 17.1 million unique views domestically during the first five days after the release. Plex CEO Keith Valory joins Yahoo Finance’s Zack Guzman, Emily McCormick and Strictly Cookies CFO Courtney Comstock to discuss on YFi PM.
- Yahoo Finance Video
Netflix plans to release more viewer statistics
Netflix is making an effort to be more transparent with its audience metrics. The streaming company is working to provide viewership numbers according to Scott Stuber, the head of original films at Netflix. He told Variety it’s time to be transparent to help the creative communities making films for Netflix. Yahoo Finance’s Dan Roberts, Heidi Chung and Kristin Myers discuss on YFi AM.
