Showing posts with label NFLX. Show all posts
Showing posts with label NFLX. Show all posts

Friday, October 29, 2010

Wall Street Star Of The Day (NASDAQ: CSTR) (NASDAQ: NFLX)


Coinstar Inc. jumped 24.47% on Friday as earnings beat Wall Street analyst expectations by 20%. Q3 profit fell sharply to $0.60 but still beat expectations of $0.50. Revenue was recorded as being $320 million. Coinstar owns self-operated coin machines and offers DVD services. The company competes with the likes of Netflix, a company that offers DVD services as well as online streaming services.

Tuesday, October 26, 2010

The Netflix Bubble (NASDAQ :NFLX)

NEW YORK - Netflix rose by a staggering 6.46% today as it hit a new 52 week high. The corporation stock continues to thrive on the back of record earnings. However, at some point the economics of the business will have to catch up with the current stock price. The company currently earns around $160 million for a year. But it spends most of this money on new equipment thus the company has little free cash flow. Investors are hoping that as the company grows its earnings at an even quicker rate in the future.

Currently Netflix has the business characteristics of Walmart in terms of profitability without the customer base. If the company where to get the customer base of Walmart then it would have a chance of profitability. Currently, the companies margin are small. Net income to revenue was 7%, Walmart had a ratio of 3.5%. Warren Buffet's Coca Cola has one of 25%. If a companies has poor margins its bottom line growth will continue to lag.

To see our report click here

The Tech Bubble All Over Again(NASDAQ :NFLX)

The "dot-com bubble" was a speculative bubble from 1995–2000, the highest level of enthusiasm was on March 10, 2000 when the the NASDAQ peaked at 5132.52. The invention of the internet precipitated this boom and then bust. The era was marked by spectacular crashes of dot-coms companies.

Fast forward ten years and this bubble is forming in Netflix's stock and everyone is aware of it. Netflix which is being considered a tech company, is hardly one. The company provides a service to show videos. Not only is this not innovative it has already been done. AT&T, Verizon and many other cable companies have been providing this service for years. Netflix is a low cost producer of these products and its future will depend on revenue growth.

To see our report on Netflix click here

Thursday, October 21, 2010

Netflix Flickers No More (NASDAQ: NFLX)

NEW YORK -Netflix Inc the company which offers subscription services and streaming movies and television episodes over the Internet to more than 15 million subscribers reported net income of $38.0 million or $0.70 per share. This was 26% higher than in Q3 2009. Revenue increased by 31% to $553.2 million from $423.1 million in 2009. The company increased its net income estimates for Q4 to $40 million. The company also raised its guidance for fiscal 2010 to $146 to $154 million. The shares soared nearly 13% as investors saw the company grow its revenues faster than expected.

To see our full Netflix report Click Here

Wednesday, October 20, 2010

Net Income Reported (NASDAQ: NFLX)

Netflix (NASDAQ: NFLX) is schedules to report earnings on Wednesday. The fast growing company which allows users of its product to watch movies and television online, is expected to earn $0.72 cents per share. The company recently partnered with Apple's Apple TV product, which makes Netflix more accessible to million of Apple users. Netflix movies can now be downloaded to iPhones, iPads, and more.

Netflix's revenue estimate for the quarter is expected by analysts to come in at $550.95 million.

If the rapidly growing stock misses, it could get a large haircut from the bears. Should it beat estimates, there's no telling how high the stock could jump.

To see the full stock report click here.

Monday, October 18, 2010

Counting Down To Netflix

PARAMUS, NEW JERSEY - What a quarter is has been for Netflix stock. The stock had reached a high of $120 a share leading up to their second quarter results, but the stock sold off rapidly and quickly dipped under $100 on the release of their second quarter. Since then the stock has risen to a high of $174. Netflix will report their earnings after the closing bell on October 20th. Bullish investors of Netflix including host of Mad Money Jim Cramer have turned more cautious. Earlier this month Cramer said Netflix had reached a price where he could no longer recommend the stock.

To see the full Netflix report Click Here