|Bid||102.55 x 200|
|Ask||103.75 x 400|
|Day's Range||102.04 - 102.79|
|52 Week Range||75.68 - 103.34|
|PE Ratio (TTM)||19.00|
|Dividend & Yield||1.61 (1.57%)|
|1y Target Est||N/A|
Then again, the company did pull off a stellar quarter, posting robust subscriber gains. Since early June, NFLX stock is up 14% to $185.68. Netflix’s rivals include Hulu, CBS Corporation (NYSE:CBS), Alphabet Inc (NASDAQ:GOOGL), Amazon.com, Inc. (NASDAQ:AMZN) and Time Warner Inc (NYSE:TWX) among others. To put this into perspective, Facebook, Inc. (NASDAQ:FB) trades at 27 times projected earnings and GOOGL sports a forward P/E ratio of 23.
Back in 1997 when Netflix, Inc. (NASDAQ:NFLX) first started lending out DVDs, and then again in 2007 when it started to deliver digital video via the internet, the company was breaking new ground. NFLX stock was a compelling opportunity simply because there was nothing out there like it. Investors let the company spend whatever it wanted without questioning, and consumers paid whatever price Netflix told them to, simply because there was nothing to compare it to.
'mother!' and 'American Assassin' dropped a bit in their respective second weekends.