Netflix, Inc. (NFLX) was reiterated a ‘Buy’ by UBS analysts on Monday. The broker however, cut its price target on the stock to $141 from $147.
NFLX Stock Valuation
NFLX shares are currently priced at 333.56x this year’s forecasted earnings, which makes them expensive compared to the industry’s 15.09x earnings multiple. The company’s next year EPS growth estimate stands at 264.30% vs the industry’s growth rate of 20 percent. NFLX stock has a t-12 price/sales ratio of 6.06. EPS for the same period registers at 0.28.
Netflix shares have declined 3.71% in the last 4 weeks and 4.79% in the past three months. Over the past 5 trading sessions the stock has lost 14.00%.
NFLX is currently printing a normal trading volume with the issue trading 7.2 million shares, compared to the average volume of 14.69 million. The stock began trading this morning at $95.67 to currently trade 3.11% lower from the prior days close of $95.90. On an intraday basis it has gotten as low as $92.81 and as high as $95.75.
Netflix Inc. is up 20.08% year-over-year, compared with a 0.82% loss in the S&P 500.
McDonald’s Corp. (MCD) was reiterated as ‘Buy’ with a $138 from $131 price target on Monday by UBS following 1Q earnings. The restaurant chain handed in earnings of $1.23 per share on revenue of $5.90 billion, beating Wall Street estimates of $1.17 per share on revenue of $5.82 billion. Oak Brook, Illinois-based company said global comparable sales rose 6.2%, which was also above estimates.
MCD was also raised to $49 from $41 at RBC Capital Markets.
Shares of McDonald’s are up 0.81% at $126.52 as of this writing.
Tesla Motors, Inc. (TSLA) rating of ‘Neutral’ was reiterated today at Goldman Sachs (GS) with a price target increase of $245 from $202 (versus a $253.75 previous close).
TSLA stock is up $1.22 at $254.97 on heavy volume. Midway through trading Monday, 2.17 million shares of Tesla Motors Inc. have exchanged hands as compared to its average daily volume of 5.99 million shares. The stock has ranged in a price between $252 – $257.38 after having opened the day at $253.01.
In the past 52 weeks, shares Tesla have traded between a low of $141.05 and a high of $286.65. Shares are up 16.08% year-over-year and 5.72% year-to-date. The electric car maker’s PPS is up about 80% since printing the tape a more than two-year low of $141 and change on February 9.
Shares of LinkedIn Corporation (LNKD) are up $1.50 to $120.95 in midday trading. Wedbush this morning reiterated its ‘Neutral’ rating while slashing its 12-month base case estimate on the name by 70 points to $130 a share.
On Thursday, LinkedIn is slated to report Q116 results. The report comes at a critical time, following a nearly 40% nose dive in the stock price since the social network last reported earnings. In Q415, LNKD recorded a gain of $0.94 per share, $0.16 better than the Street’s consensus estimate.