US Nasdaq stock alert

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CLOSING UPDATE: Netflix down 3.5% in 2 days 18 October 2017 17:52 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Netflix, NASDAQ's 3rd largest internet commerce company by market capitalisation, extended its slide on Wednesday, shedding an additional $US3.94 (or 2.0%) to trade at $US195.54. The shares have fallen $US7.14 (or 3.5%) over the past two trading days vs. the NASDAQ-100 Index which has fallen 0.003% in the same period.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Sales of 8.3 [3.8]

+ Return on Equity 7.0% [13.0%]

+ Return on Assets 1.4% [6.3%]

+ Return on Capital Employed 4.6% [11.8%]

Bearish Signals:

+ Tobin's Q Ratio is 6.2. Compared with the rest of the market the stock is overvalued and ranks in the bottom 7% of stocks by value of Q Ratio.

+ Net profit margin has averaged 2.9% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

+ As per the Du Pont analysis, Return on Equity is less than stellar at 7.0%.

Note

Bullish Signals:

The positive 5.29 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 4.3% discount to 12-month high of $US204.38 against the 76.7% premium to 12-month low of $US110.68 suggests the stock continues to push for new highs.

The stock has outperformed 84% of the NASDAQ market over the past 6 months.

In the last three months the stock has hit a new 52-week high nine times, pointing to a significant uptrend.

The present value of USD1,000 invested one year ago is $US1,646 [vs $US1,263 for the NASDAQ-100 Index].

TODAY'S ALERTS

Afternoon Alert: Netflix down 3.3% in 2 days

18 October 2017 13:28 EDT

Netflix, Inc. (NASDAQ:NFLX) extended its slide on Wednesday, shedding an additional $US3.41 (or 1.7%) to trade at $US196.07. Trading volume was 72% of average so far today. The shares have fallen $US6.61 (or 3.3%) over the past two trading days vs. the NASDAQ-100 Index which has risen 0.1% in the same period.

Morning Alert: Netflix down 2.8% in 2 days

18 October 2017 11:04 EDT

Netflix, Inc. (NASDAQ:NFLX) extended its slide on Wednesday, shedding an additional $US2.43 (or 1.2%) to trade at $US197.05. Trading volume was 58% of average so far today. The shares have fallen $US5.63 (or 2.8%) over the past two trading days vs. the NASDAQ-100 Index which has risen 0.1% in the same period.

RECENT ALERTS

CLOSING UPDATE: Netflix hits 52-week high sixth time in one month

17 October 2017 17:54 EDT

Netflix, NASDAQ's 3rd largest internet commerce company by market capitalisation, hit a 52-week high of $US204.38 today for the sixth time in the past one month and last traded at $US199.48. Trading volume was 2.2 times average at the end of the day. Compared with the NASDAQ-100 Index which rose 8.1 points (or 0.1%) in the day, this represented a relative price change of -1.7%.

Afternoon Alert: Netflix drops 2.0%, leads market lower

17 October 2017 13:27 EDT

Netflix, Inc. (NASDAQ:NFLX) has dropped 2.0% to trade at $US198.59 vs. the NASDAQ-100 Index which weakened 6.4 points (or 0.1%) to 6,108.1. Representing a weighting of about 1.2% of the index, the stock accounted for 22.6% of today's loss. Trading volume was 2.1 times average so far today.

Netflix, Inc. (O:NFLX)

ISIN: US64110L1061

PermID: 4295902158

CIK: 1065280

CUSIP: 64110L106

Source: www.BuySellSignals.com