|Bid||35.70 x 3000|
|Ask||36.14 x 800|
|Day's Range||35.53 - 36.28|
|52 Week Range||30.43 - 44.00|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||6.99|
|Earnings Date||Jan 23, 2019|
|Forward Dividend & Yield||0.76 (2.12%)|
|1y Target Est||44.07|
World Economic Forum gathers in Davos, Switzerland, government shutdown continues and earnings week two, here's what you need to know next week.
Netflix, the king of streaming, with some 700 shows, now has a reputation of being so profligate with its billions of dollars of production spend, that it has been satirized on “Saturday Night Live.”
UK prime minister Theresa May will also be a no-show with her Brexit woes taking priority. As such, China’s vice-president Wang Qishan will be able to make his country’s case unchallenged by any US presence. Jair Bolsonaro, the rightwinger recently sworn in as president of Brazil will take to the global stage for the first time, while the Russian government will try to convince the world it is a “normal” country, rather than a rogue state.
# Comcast Corp ### NASDAQ/NGS:CMCSA View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for CMCSA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CMCSA. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $5.60 billion over the last one-month into ETFs that hold CMCSA are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CMCSA credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Special Counsel Robert Mueller's office issued a rare public rebuke of elements of a stunning report that alleged President Donald Trump directed his former legal counsel to lie in sworn Congressional testimony.
Special Counsel Robert Mueller's office issued a rare public rebuke on Friday of elements of a stunning report that alleged President Donald Trump directed his former legal counsel to lie in sworn Congressional testimony. "BuzzFeed's description of specific statements to the special counsel's office, and characterization of documents and testimony obtained by this office, regarding Michael Cohen's congressional testimony are not accurate," a spokesperson told CNBC. Special counsel Robert Mueller's office issued a rare public rebuke on Friday of elements of a stunning report alleging that President Donald Trump directed his former legal counsel to lie in sworn congressional testimony about the president's involvement in a Russian real estate deal.
A Brief Synopsis of Netflix’s Q4 EarningsNetflix’s earningsNetflix (NFLX) reported mixed results for the fourth quarter of 2018 after the closing bell on January 17. The online video streaming giant exceeded its earnings estimates but failed to
House Intelligence Committee Chairman Adam Schiff, D-Calif., said Friday that his committee will increase its efforts to investigate an aborted Trump Tower Moscow deal. The announcement comes in light of a bombshell report alleging President Donald Trump directed his ex-lawyer Michael Cohen to lie in sworn testimony to Congress. "These allegations may prove unfounded, but, if true, they would constitute both the subornation of perjury as well as obstruction of justice," Schiff said in a statement released by a spokesman Friday morning.
Netflix (NASDAQ:NFLX) stock is down about 2% after it reported earnings yesterday that just missed growth estimates. Earnings came in at 30 cents per share of Netflix stocks against analyst estimates of 24 cents. Subscriber additions were also ahead of projections -- by nearly 1 million in the case of international subscriptions. But revenues of $4.19 billion fell slightly short of estimates for $4.21 billion. More importantly, Netflix's forecast for the first quarter of 2019, was well below the 82 cents per share of earnings and $4.61 billion of revenue that Wall Street had been projecting. NFLX projects earnings of $253 million, 56 cents per share, on revenue of $4.49 billion. The selling, however, didn't quite match the buying of two days earlier, after Netflix announced a 13% price hike, to $13 per month for its most popular viewing plan. That sent shares up 6%. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Netflix Stock's Story Remains Intact What matters is that the growth story for Netflix stock remains intact. Although investors are paying a high price for it. At a market cap of $153 billion, Netflix is selling at 121 times earnings, and almost 10x revenue. Even with the predicted doubling of earnings in 2019, you're still looking at a forward P/E near 82. * 7 Retail Stocks to Buy for the Rise of Menswear What justifies the price is the audience, 80 million households viewed Susanne Bier's Bird Box, a number that is light years ahead of most broadcast audiences. For comparison 2018's Super Bowl had 103.4 million viewers. But Super Bowl numbers are down, and Netflix' global audience is now 139 million. Even that trend is in Netflix' favor. Success, however, has a cost. In response to moves by Comcast (NASDAQ:CMCSA), AT&T (NYSE:T) and Walt Disney (NYSE:DIS) to cut into its U.S. streaming market, Netflix raised its budget for producing new content. NFLX spent an estimated $8 billion on content this year, and analysts expect that to rise to $16 billion in by 2022. The U.S. price hike, which was not replicated globally, also cuts into the consumer budgets AT&T and Disney are going after. The more money people are already spending on Netflix, the less likely they are to add a second or third streaming channel. Top directors and producers are flocking to Netflix not just for the money, but for the creative control the service offers. A May 2018 deal with Barack and Michelle Obama was typical of the sort of unique programming Netflix tends to deliver. The price, somewhere between $65 and $99 million, was higher than the couple earned for their autobiographies and quite high for people who haven't produced TV before. Total creative control, which Netflix has been giving talent since 2011, should keep it competitive even as rivals ramp up their budgets. ### The Bottom Line for Netflix Stock As I wrote in October, Netflix has become a global presence, while its rivals are just approaching the U.S. market. Netflix stock remains very pricey but it has managed to grow into its ever-higher valuations. Five years ago, when Netflix shares were at about $60, they were considered expensive by analysts who compared it with HBO. A year ago, at $190, they were considered very expensive by analysts comparing them with Time Warner. They opened for trade January 18 at $352 per share, and you'll hear the same talk about how expensive they are. * 7 Companies Apple Should Consider Buying But those who have bought along the way have been richly rewarded. Those who bought Netflix into its bear market bottom of $246, just one month ago, are sitting on gains of 43%. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post Don't Bet Against Netflix Stock. Just Don't. appeared first on InvestorPlace.